Chipotle, Travelzoo Lead Week’s Five IBD 50 Earnings
Posted by admin / Under Travelzoo
Earnings season starts to ramp up this week. While many well-known techs and other big caps are due to report, investors will want to pay close attention to results from the elite IBD 50 list of top stocks. On deck: Chipotle Mexican Grill (CMG), Travelzoo (TZOO), Informatica (INFA), Tempur-Pedic (TPX) and Tractor Supply (TSCO).
Published on Monday 6th of February 2012 05:08:02 AM
Travelzoo Dives After Missing Inflated Earnings Hopes
Posted by admin / Under Travelzoo
Travelzoo (TZOO) earned 23 cents a share ex items, beating analysts' official forecasts by 3 cents, or 15%. But the online travel site had crushed EPS forecasts by 100%, 81.8% and 114.3% in the prior 3 quarters. Revenue grew 20%, merely matching Wall Street views. Shares plunged 17% in late afternoon trading, moving just below its 50-day moving average for the first time since late Aug.
Published on Monday 6th of February 2012 05:08:02 AM
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