Pre-Market Dealing Comments on Dropping Stocks (BSFT, PKT, GRPN, JCP, LKQ)

New York, NY -- (SBWIRE) -- 02/28/2013 -- BroadSoft Inc. ( NASDAQ:BSFT) reported fourth quarter adjusted EPS of $0.47 after the bell Wednesday, up from $0.38 a year ago. The consensus estimate was for EPS of $0.41. The company expects to report first quarter adjusted EPS of $0.02 to $0.12 and between $1.10 and $1.35 for the full year 2013. The consensus estimates are for EPS of $0.34 and $1.72.BroadSoft has gapped open sharply lower Thursday and is now down 8.47 at $22.44 on above average volume. The stock has dropped to a 7-month low.

How Should Investors Trade BSFT After The Recent Volatile Moves? Find Out Here

Procera Networks, Inc. (NASDAQ:PKT), an intelligent policy enforcement company, Thursday announced an initial multi-year contract from Orange Switzerland. The initial order is to provide Procera's Intelligent Policy Enforcement solutions, specifically the PL8820, PacketLogic Intelligence Center and the PacketLogic Subscriber Manager, for deployment throughout Orange's network as a replacement for an existing solution.PKT reported fourth quarter non-GAAP net income of $0.12 per share Thursday morning, down from $0.15 per share last year. The consensus estimate was for EPS of $0.14.

Procera Networks gapped open sharply lower Thursday and is now down 4.70 at $12.10 on above average volume. The stock has plummeted to a new low for the year.

Click here to receive FREE breaking news email alerts for Procera Networks Inc.

Groupon Inc (NASDAQ:GRPN) reported a fourth-quarter loss of 1 penny per share (excluding items), falling short of analysts' expectations by four cents. For the current quarter, the daily deals site projects revenue of $560 million to $610 million, south of the consensus outlook of $650 million. The shares are sharply lower in pre-market trading.

Can GRPN Find The Top further? Find Out Here

J.C. Penney Co Inc. (NYSE:JCP) stock slumped 13.75 percent to $18.25 in pre-market trading. Its fourth quarter net loss widened to $552 million or $2.51 per share from $87 million or $0.41 per share in the same period last year. Adjusted loss was $1.95 per share compared to net profit of $0.21 per share last year and also came in worse than Reuters’ estimates of a loss of $0.18 per share.

Are these stocks a buy or sell? Let us help you decide, Check here

LKQ Corporation (NASDAQ:LKQ) has reported that the Company’s senior management members have scheduled to participate in the following conference call events. The first conference call will be Raymond James’ 34th Annual Institutional Investors Conference that will be held on March 5, 2013 at the JW Marriott Grande Lakes Hotel, Orlando, Florida. The second event will be Bank of America Merrill Lynch 2013 New York Auto Summit that will be held on March 27, 2013. The presentation material will be available at LKQ’s website.

How Should Investors Trade LKQ Now? Don’t Miss out a Special Trend Analysis

DISCLAIMER
Neither PennyStocksUpdate.biz 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 PennyStocksUpdate.biz, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation.PennyStocksUpdate.biz 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 PennyStocksUpdate.biz. 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 here in..

Contact:
PennyStocksUpdate.biz
info@pennystocksupdate.biz