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Equipment manufacturing company $SXI reported a drop in 4Q16 earnings due to lower refrigeration sales and a decline in operating expenses. Net income fell to $12.2MM or $0.95 per share from $16.4MM or $1.28 per share last year. Net sales declined to $193.78MM from $199.78MM. Adjusted EPS from continuing operations rose to $1.31 from $1.30.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.