Why Shares of Williams-Sonoma Are Rising Today
Shares of Williams-Sonoma (NYSE: WSM) surged on Thursday morning, after the company announced earnings that beat Wall Street estimates.
As of 10:45 a.m. EDT, Williams-Sonoma's shares were up about 11% from Wednesday's closing price.
Williams-Sonoma reported its fourth-quarter results after the market closed on Wednesday, and they were good. Excluding one-time items, the company earned $2.13 per share in the quarter, up from $2.10 per share a year ago and ahead of the $2.05-per-share consensus estimate among Wall Street analysts polled by FactSet.
Source Fool.com
