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$HCSG said that its 1Q16 net income rose to $18.6MM or $0.26 per share vs. $15.5MM or $0.22 per share in 1Q15. Direct cost of services came in at 85.8%. SG&A was 6.6%, but after adjusting for the $300,000 change in deferred comp, investment accounts that are held for and by the company's management, $HCSG's actual SG&A was 6.7%.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?