Where Opportunity is Found: Coverage Initiated on Golar LNG, Golar LNG Partners, Good Times Restaurants, Gordmans Stores, and Grand Canyon Education
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 13, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Golar LNG (NASDAQ: GLNG), Golar LNG Partners (NASDAQ: GMLP), Good Times Restaurants (NASDAQ: GTIM), Gordmans Stores (NASDAQ: GMAN), and Grand Canyon Education (NASDAQ: LOPE). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
GLNG Research Report: ( http://get.analystsreview.com/pdf/?c=Golar%20LNG&d=13-Jan-2015&s=GLNG ),
GMLPResearch Report: ( http://get.analystsreview.com/pdf/?c=Golar%20LNG%20Partners&d=13-Jan-2015&s=GMLP ),
GTIMResearch Report: ( http://get.analystsreview.com/pdf/?c=Good%20Times%20Restaurants&d=13-Jan-2015&s=GTIM ),
GMAN Research Report: ( http://get.analystsreview.com/pdf/?c=Gordmans%20Stores&d=13-Jan-2015&s=GMAN ),
LOPE Research Report: ( http://get.analystsreview.com/pdf/?c=Grand%20Canyon%20Education&d=13-Jan-2015&s=LOPE ).
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Analyst Update: Tactical Agreements, Strategic Acquisitions, and Financial Results
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell for the second straight session on Monday, weighed down by the renewed sell-off in energy shares after oil prices touched fresh lows. Nervousness ahead of the fourth quarter 2014 corporate earnings season also kept investors on the sidelines. The S&P 500 index fell 0.81% to close at 2,028.26 and was down by around 3% from its 52-week high hit on December 29, 2014. The Dow Jones Industrial Average finished 0.54% lower at 17,640.84, and the Nasdaq Composite was down 0.84% at 4,664.71. Meanwhile, European markets ended higher on Monday as slumping oil prices lifted stocks of companies that benefit from lower fuel prices, such as airlines, which also helped offset the decline in energy shares. Asian markets were mostly lower on Monday, following a downbeat session on Wall Street on Friday.
Golar LNG Limited (Golar LNG) announced agreement with Singapore's Keppel Shipyard Limited (Keppel) for conversion of the 125,000 m3 LNG carrier Golar Gimi to a floating liquefaction facility (FLNGV).
Golar LNG Partners LP (Golar LNG Partners) has signed an agreement to acquire the ownership interests in the companies that will own and operate the Golar Eskimo, a floating storage and regasification unit, from Golar LNG Limited for an aggregate purchase price of c. $390.0 million.
Good Times Restaurants Inc. (Good Times Restaurants) reported that its Q4 FY 2014 (period ended September 30, 2014) total net revenue has increased 27.2% YoY and reached $8.3 million, mainly contributed by restaurant sales of $8.2 million. Full year FY 2014 restaurant sales amounted to $27.7 million, leading to total net revenue of $28.0 million.
Gordmans Stores, Inc. (Gordmans Stores) reported 9M FY 2014 (period ended November 1, 2014) net sales of $430.7 million, up by 2.7% YoY, whereas comparable store sales decreased by 5.8% YoY. Q3 FY 2014 diluted loss per share of $0.10 was within the Company's guidance range of a loss of $0.11 to $0.07 and net sales of Q3 FY 2014 was $146.7 million, down by 3.1% YoY.
Grand Canyon Education, Inc. (Grand Canyon Education) posted Q3 2014 net revenue $175.1 million, up by 14.9% YoY, and diluted net income per share was $0.62, up by 26.5% YoY. For 9M 2014, the Company's net revenue increased 15.0% YoY to $501.1 million and diluted net income per share was $1.67, up by 22.8% YoY.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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SOURCE Analysts Review
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