HotPennyStockNews.com is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.
Los Angelas, CA -- (SBWIRE) -- 10/26/2012 -- TASER International, Inc. (NASDAQ:TASR), Makers of electronic control devices for personal defense markets, Friday reported third quarter net income of $3.68 million or $0.07 per share, compared to $1.14 million or $0.02 per share last year. Revenues for the quarter were $28.8 million, compared to $24.4 million a year ago. Four analysts polled by Thomson Reuters expected a loss of $0.04 per share and expected revenues of $25.71 million for the third quarter. Analysts' estimates typically exclude special items. Street currently estimates losses of $0.03 per share on revenues of $25.5 million for the fourth quarter. Shares of TASER Intl. are currently trading at $7.54, up $1.15 or 18 %, on the Nasdaq.
Can TASR Extend Gain? If Yes, How Far It Can Go? Find Out Here
Moody's Corporation (NYSE:MCO) beat the Street on Friday with a 41% leap in third-quarter profits, prompting the company to hike its full-year earnings guidance above expectations. Shares of the parent of ratings company Moody’s Investor Service rallied about 2% in response to the bullish developments. The New York-based company said it earned $183.9 million, or 81 cents a share, last quarter, compared with a profit of $130.7 million, or 57 cents a share, a year earlier. Analysts had been calling for EPS of 63 cents. Revenue leaped 30% to $688.5 million, topping the Street’s view of $622 million. U.S. revenue rose 37%, while international revenue gained 22% to $313.1 million. The results were driven by a 35% leap in revenue at Moody’s Investors Service to $473.5 million. Global corporate finance revenue surged 71% as companies refinanced and issued new debt amid record low interest rates.
How Should Investors Trade MCO Now? Find Out Here
Mylan (NYSE:MYL) was upgraded by investment analysts at Canaccord Genuity from a “hold” rating to a “buy” rating in a note issued to investors on Friday. Mylan last issued its quarterly earnings data on Thursday, October 25th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.06. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. Several other analysts also recently commented on the stock. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Mylan in a research note to investors on Monday. They now have a $26.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Mylan in a research note to investors on Tuesday, October 9th. They now have a $26.00 price target on the stock. Finally, analysts at Guggenheim initiated coverage on shares of Mylan in a research note to investors on Tuesday, September 18th. They set a “neutral” rating and a $26.00 price target on the stock.
Can MYL Extend Rally? Find Out Here
Eastman Chemical Company (NYSE:EMN) posted third-quarter 2012 adjusted earnings (from continuing operation) of $1.57 per share, outstripping the Zacks Consensus estimate of $1.42 and exceeding the year-ago earnings of $1.26. The adjusted earnings exclude costs related to its acquisition of Solutia Inc. as well as restructuring and impairment charges. Including those one-time items, the Tennessee-based chemicals maker earned 99 cents a share, down from $1.22 per share recorded a year ago. Profit (as reported) from continuing operation dipped roughly 11% year over year to $154 million as a healthy double-digit growth in sales was more than offset by the hefty acquisition and other charges.
Get Free Trend Analysis on To Know More About EMN Here
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)