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New York, NY -- (SBWIRE) -- 02/27/2013 -- Shares of Accretive Health Inc (NYSE:AH) fell more than 30 percent before the bell, as the medical billing service provider withdrew its forecast and indefinitely delayed the filing of its fourth-quarter results, saying it was evaluating the timing of revenue recognition.
Accretive Health, which was scheduled to report fourth-quarter results on Wednesday, disclosed that it ended 2012 with no debt and about $177 million in cash and cash equivalents.Analysts on average expect the Chicago-based company to report earnings of about 9 cents per share on revenue of $237.2 million, according to Thomson Reuters I/B/E/S.Accretive Health's stock, which has lost more than half its value over the past year, was trading at $8.35 before the bell. They closed at $12.11 on Tuesday on the New York Stock Exchange.
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First Solar Inc. (NASDAQ:FSLR) reported fourth quarter non-GAAP EPS of $2.04 after the bell Tuesday, which topped the consensus estimate of $1.76. First quarter EPS is expected to be between $0.70 and $0.90. The consensus estimate is for EPS of $0.94.First Solar has gapped open sharply lower Wednesday morning and is now down 4.42 at $26.94. The stock has dropped to a 3-month low.
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Cincinnati Bell (NYSE:CBB) announced its earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.05 by $0.11. The company had revenue of $375.00 million for the quarter, compared to the consensus estimate of $367.72 million. Cincinnati Bell (CBB) opened at 4.15 on Wednesday. Cincinnati Bell (CBB) has a 1-year low of $3.33 and a 1-year high of $5.89. The stock’s 50-day moving average is currently $4.79. The company’s market cap is $827.6 million.
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Papa John’s (NASDAQ:PZZA) declared net income of $61.7M, or $2.58 a share for the year, diluted, increased from $54.7M, or $2.16 a share, a year before. Revenue for the year surged to $1.34B from $1.22B.
Shares of Papa John’s Int’l, Inc. (NASDAQ:PZZA) traded at $56.65 by increasing +1.14% with price volatility of 1.88% for a week and 1.97% for a month plus price volatility’s Average True Range for 14 days was 1.07 and its beta stands at 0.60 times.
Stocks after opening at $56.05 hit a high price of $57.32 and on last session stock held volume of 294,353 shares which was unexpectedly higher than its average volume of 91,646 shares.
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