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Watch List Highlights - Angie's List Inc (NASDAQ:ANGI), Xerox Corp (NYSE:XRX), Polaris Industries Inc. (NYSE:PII)

Watch List Highlights - Angie's List Inc (NASDAQ:ANGI), Xerox Corp (NYSE:XRX), Polaris Industries Inc. (NYSE:PII)
Written by
Joel Najarian
Published on
October 22, 2014
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Angie's List Inc (NASDAQ:ANGI), an online consumer review service, reported a Q3 net loss greater than the Street expected while Q4 revenue guidance was also off. Angie's List reported net loss of $0.09 per share, improved over a loss of $0.23 per share a year prior, and revenue of $81.3 million, a 24% increase from the year prior. The Street expected a loss of $0.03 per share on revenue of $81.9 million, according to Capital IQ estimates. For Q4, Angie's List Inc (NASDAQ:ANGI) expects total revenue of $80 million to $82 million, versus the $84.7 million Street view. ANGI trades in a 52-week range of $6.28 to $19.80.Xerox Corp (NYSE:XRX) reported Q3 adjusted EPS of $0.27, a penny ahead of the analyst consensus on Capital IQ. Revenue was $5.12 billion, just shy of expectations of $5.19 billion. "This quarter we delivered earnings at the high end of our range. Profits from our Document Technology business came in above expectations while Services results were lower than planned," said Ursula Burns, Xerox Corp (NYSE:XRX) chairman and chief executive officer. "Our Document Technology business continues to provide strong profitability, and we are continuing to invest in our Services business for revenue and profit improvement by strengthening leadership and evolving our operating model to better leverage our scale and drive efficiency and customer value. These activities will position us well for the future."Third-quarter operating margin of 9.5 percent improved 0.1 points year-over-year, resulting in operating profit of $486 million. Gross margin was 30.8 percent, and selling, administrative and general expenses were 18.6 percent of revenue. For Q4, the company is guiding for adjusted EPS of $0.30 to $0.32, in line with expectations of $0.31 per share. For the full year 2014, it sees adjusted EPS of $1.11 to $1.13, vs. Street estimates of $1.11 per share.Polaris Industries Inc. (NYSE:PII), a powersports vehicle manufacturer, reported Q3 results that beat the Street view on both EPS and total revenues and raised its full year EPS guidance as North American retail sales grew 12% year-over-year. The company reported EPS of $2.06, up from $1.64 a year ago and beating analyst estimates of $2.02. Total revenue of $1.30 billion was up from $1.10 billion in Q3 2013 and topped analyst projections of $1.27 billion for the quarter. Polaris Industries Inc. (NYSE:PII) raised guidance for full year 2014 earnings to a range of $6.55 to $6.65 per diluted share from continuing operations from previous guidance of $6.48 to $6.58 per diluted share. The Street view is $6.58 per share. Shares of PII are at $149.07 within a 52-week range of $118.80 - $152.88.

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