Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Lamar Advertising Co (NASDAQ:LAMR) shares jumped 4.22% and closed at $45.45 in the last trading session after the company yesterday posted fourth quarter net income of $7.21 million, up from $6.37 million a year back. On a per share basis, earnings edged up to $0.08 from $0.07 last year. Analysts estimated earnings per share of $0.10 for the quarter. Revenue for the three months stood at $305.5 million, up from $288.23 million a year back and consensus estimate of $304.27 million.
How Should Investors Trade LAMR After The Recent Movement? Find Out Here
Cemex SAB de CV (ADR) (NYSE:CX) shares gained 4.21% to $10.65
Is CX Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
Range Resources Corp. (NYSE:RRC) shares climbed 3.99% and closed at $74.21. The company, on Feb. 26, announced a fourth quarter profit of $52.97 million compared to a loss of $2.98 million last year. Net income per share share of $0.32 compared to a loss of $0.02 in the prior year. Total revenues and other income surged to $458.03 million from $303.21 million last year. Adjusted net income was $0.46 per share for the quarter. Analysts expected the company to report profit of $0.29 per share on revenue of $399.53 million for the quarter.
Is RRC a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Burger King Worldwide Inc (NYSE:BKW) shares increased 3.99% and closed at $18.78 in yesterday’s session. BKW’s stock had its target price boosted by UBS AG from $17.50 to $18.00 in a report released on Feb. 21. UBS AG currently has a neutral rating on the stock.
Additionally, the company will begin trading ex-dividend on February 26, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased BKW stock prior to the ex-dividend date are eligible for the cash dividend payment.
How Should Investors Trade BKW After The Latest Earnings Report? Find Out Here
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