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Foot Locker stock surges 16% after earnings beat
Foot Locker Inc. FL, stock surged 16% in the extended session Tuesday after the company beat Wall Street expectations for earnings. The company reported third-quarter net income of $130 million, or $1.14 a share, compared with $102 million, or 81 cents a share, in the year-ago period. Adjusted for items such as changes to the U.S. tax code and litigation, earnings were 95 cents a share. Revenue fell to $1.86 billion from $1.87 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 92 cents a share on revenue of $1.85 billion.
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https://www.marketwatch.com/story/foot-l...yptr=yahoo
![[Bild: chart.ashx?t=FL&ty=c&ta=0&p=w&s=l]](https://finviz.com/chart.ashx?t=FL&ty=c&ta=0&p=w&s=l)
Foot Locker Inc. FL, stock surged 16% in the extended session Tuesday after the company beat Wall Street expectations for earnings. The company reported third-quarter net income of $130 million, or $1.14 a share, compared with $102 million, or 81 cents a share, in the year-ago period. Adjusted for items such as changes to the U.S. tax code and litigation, earnings were 95 cents a share. Revenue fell to $1.86 billion from $1.87 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 92 cents a share on revenue of $1.85 billion.
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https://www.marketwatch.com/story/foot-l...yptr=yahoo
