Kohl's Gains After Beating Estimates

By Jon "DRJ" Najarian

Earnings Up but Outlook Falls Short

The department-store chain said third-quarter earnings rose a better-than-expected 21 percent with sales growth and improved margins. Management raised earnings targets, but the new projections for the holiday shopping season fell short of analysts' views. KSS is trading at $55.50 this morning on our Heat Seeker tracking system after closing yesterday at $54.59.

Jamba Serves Up Profits

The juice retailer said it made money in the third quarter despite lower revenue, as cost-cutting helped it reverse a year-ago loss. The company said it earned $2.1 million, or $0.04 per share, versus losing $12.4 million, or $0.23 per share, in the same quarter last year. JMBA closed at $1.69 but is trading north of $2 in the pre-market on the Heat Seeker.

Green Mountain Down Despite Report

The coffee roaster reported fiscal fourth-quarter earnings of $0.34 per share, which easily beat consensus estimates of $0.10 EPS, and revenue of $222 million that was up 65 percent from the year-ago period and $5 million above analysts' estimates. But GMCR is trading down to $67.33 in the pre on our Depth Charge program, down from yesterday's close of $75.91. If you are wondering how the company can beat on both earnings and revenue and still take a hit in the pre-market, consider that Stifel notes that the company's Keurig brewer and K-Cup growth came in below expectations and that the quarterly upside was achieved mainly through lower operating expenses.

(Chart courtesy of tradeMONSTER)