3 Value Names Chalk Up Post-Earnings Wins

Yesterday was a fairly mundane day for the broad markets, but there was plenty of excitement in the underbelly of value, all of which was driven by earnings releases.

First, down-and-out former growth daring Fitbit Inc. (FIT) put up better-than-expected second -quarter results, exceeding the consensus on both earnings (flat vs. an expected loss of 15 cents a share) and revenue ($353 million vs. the $341.5 million consensus). While this was not a great quarter in general terms, it was met with some excitement, and FIT was up 15% for the day. ...449 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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