Orlando, FL -- (SBWIRE) -- 08/30/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On K12 Inc. (NYSE:LRN), The Fresh Market Inc (NASDAQ:TFM).
K12 Inc. (NYSE:LRN) shares gained 11.23% to $35.55. The company on August 29 announced its results for the fourth fiscal quarter and full fiscal year ended June 30, 2013. Revenues for the fiscal year ended June 30, 2013 grew 19.7% to $848.2 million, primarily due to a 12.7% increase in average student enrollments and an increase in average revenue per student in our managed public schools business. Net income attributable to common and Series A stockholders grew by 60.6% to $28.1 million. Diluted net income attributable to common stockholders per share, which reflects a pro rata allocation of net income to Series A stockholders, grew 60.0% to $0.72.
Are investors worried about the recent updates with LRN? Find out with a free trend analysis HERE
The Fresh Market Inc (NASDAQ:TFM) shares dropped 11.55% to $48.01. The company, on August 28, reported second-quarter revenue and an outlook for the year that missed analysts' expectations. The company earned $15.6 million, or 32 cents per share, in the thirteen weeks ended July 28. That's up from $13.3 million, or 28 cents per share, in the same period a year ago. Revenue rose 13 percent to $354.8 million from $313 million.
For the full year, the company said that it expects earnings ranging from $1.50 per share to $1.55 per share. That's below the $1.57 per share that analysts were expecting.
Additionally, the company on August 22 said it will expand its presence next month with a new store in Lynchburg, marking the company's tenth store in the Commonwealth of Virginia. At its newest location at 3901 Old Forest Road, in The Fresh Market Station shopping center, the specialty grocer's full-service philosophy will incorporate unparalleled product selection and expert customer service in an inviting atmosphere.
Is TFM going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)