Stocks Review: Arcos Dorados Holding Inc (NYSE:ARCO), Clean Energy Fuels Corp. (NASDAQ:CLNE), BroadSoft Inc (NASDAQ:BSFT)

Dallas, TX -- (SBWIRE) -- 03/12/2013 -- Marketbuzzreport.com, 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:-

Arcos Dorados Holding Inc (NYSE:ARCO) shares gained 5.70% to $13.36. The company issued its quarterly earnings data on Mar. 8. The company reported $0.22 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.22. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.04 billion.

Looking forward, the company announced that for fiscal 2013, it expects revenue growth of 15%-18% and adjusted EBITDA growth of 8%-10%.

Get Latest News, Updates on ARCO Here

Clean Energy Fuels Corp. (NASDAQ:CLNE) shares climbed 5.63% and closed at $14.08 after Research analysts at Ascendiant Capital Markets began coverage on shares of CLNE in a report released on Mar. 11. The firm set a “buy” rating and a $15.50 price target on the stock.

Additionally, the company, on Feb. 28, reported a fourth quarter loss of $41.7 million or $0.46 per share, from $20.9 million or $0.29 per share last year. Adjusted net loss for the quarter was $0.23 per share, compared to $0.21 per share in the same quarter last year. Meanwhile, revenue for the quarter rose to $99.1 million, from $86.2 million in the fourth quarter prior year. Analysts expected the company to report a loss of $0.22 per share on revenues of $91.53 million for the quarter.

Is CLNE a Strong Buying Opportunity After The Recent Slump? Find out Here

BroadSoft Inc (NASDAQ:BSFT) shares climbed 4.82% to $27.20. The company, on Mar. 1, said total revenue rose to $45.8 million in the fourth quarter of 2012, as compared to $40.6 million in the fourth quarter of 2011. Net income for the fourth quarter of 2012 was $4.9 million, or $0.17 per diluted common share, compared to net income of $5.5 million, or $0.19 per diluted common share in the fourth quarter of 2011.

Additionally, the company, on Mar. 5, announced that its annual Xtended Incubator Program -- a global initiative that accelerates the development of mobile and Unified Communications (UC) applications by providing seed funding to third-party app developers -- has been expanded into an on-going program thanks to its success and growth over the past few years.

Is BSFT Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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