Stock Track | Williams-Sonoma Plunges 5.03% in Pre-Market on Weak Earnings Forecast
Stock Track
Mar 18
Williams-Sonoma's stock experienced a pre-market plunge of 5.03% on Wednesday.
The decline comes as the company is expected to report its latest financial results before the market opens, with its fourth-quarter earnings per share forecast at $2.90, down from $3.28 in the prior-year period. Adjusted EPS is forecast at $2.91.
The year-over-year decline in expected earnings appears to be driving investor concern and the stock's pre-market selloff.
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