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Company News For Oct 16, 2017

Zacks Equity Research
Updated
Is (PSEC) Outperforming Other Finance Stocks This Year?

  • Shares of Applied Optoelectronics, Inc. AAOI plummeted 20.1% after the company lowered its third quarter 2017 non-GAAP EPS to $1.04 to $1.09, down from the earlier projection of $1.30 - $1.43

  • Wells Fargo & Company’s WFC shares declined 2.8% after the company posted third quarter 2017 revenues of $21,926 million, below the Zacks Consensus Estimate of $22,320 million

  • First Republic Bank’s FRC shares declined 7.1% after reporting third quarter 2017 earnings of $1.14 a share, lower than the Zacks Consensus Estimate of $1.16

  • Shares of NeoGenomics, Inc. NEO plummeted 15.1% after projecting third quarter revenues of $63.1 million, which would be lower by approximately $1 million due to effects of hurricanes


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