Critical Earnings Forecast Alerts: EMC, Cisco, Dow Chemical, RF Micro Devices, Compuware, and Juniper Networks
VANCOUVER, Oct. 25, 2012 /PRNewswire/ — EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: EMC (NYSE:EMC), Cisco (NASDAQ:CSCO), Dow Chemical (NYSE:DOW), RF Micro Devices (NASDAQ:RFMD), Compuware (NASDAQ:CPWR), and Juniper Networks (NYSE:JNPR).
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EMC Corporation (NYSE:EMC): For the third quarter of 2012, EMC Corporation (NYSE:EMC) reported consolidated revenue rose 6% to US$5.28 billion from the year-ago quarter record. GAAP net income attributable to EMC was US$626 million for the third quarter, an increase of 3% year-over-year. GAAP earnings per weighted average diluted share were US$0.28 for the quarter, an increase of 4% year-over-year. For the same quarter, non-GAAP net income attributable to EMC was US$881 million, up 7% from a year ago. Third-quarter non-GAAP earnings per weighted average diluted share were US$0.40, an increase of 8% year-over-year. Following the announcement, shares of EMC ended down 0.89% at US$24.46 while the stock traded within the range of US$23.76 – US$25.51. There were 75.60 million stock shares traded, which was 4.4 times more than average volume. The company’s 52-week range remained US$21.25 to US$30.00 with its market capitalization touching US$51.33 billion. Investors may want to find out where EMC will go from here. Observing comprehensive EMC earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/102512A/EMC/EMC.pdf
Cisco Systems, Inc. (NASDAQ:CSCO): Cisco Systems, Inc. (NASDAQ:CSCO) and Citrix last week announced a significant expansion of their successful desktop virtualization partnership into three strategic areas: cloud networking, cloud orchestration, and mobile workstyles. In addition, Cisco and Lake Nona announced a strategic engagement on Wednesday, October 24. Under the terms of the agreement, Cisco has been appointed as the lead partner for Information and Communications Technology planning for Lake Nona. Lake Nona will become one of nine global Iconic Cisco Smart+Connected cities in the world and the first in the U.S. Cisco will work with Lake Nona over the next 15 years to build out Smart+Connected Communities solutions, including Smart Work Centers, and Innovation and Incubation Centers. By market close, Cisco shares ended lower by US$0.63 (-3.50%) to US$17.38 with more than 61.96 million shares exchanged hands for the session, compared to its average volume of 35.20 million shares. The stock price crossed below the 50-day moving average in the last trading session. CSCO’s low point in its 52-week range is US$14.96 per share, with US$21.30 as the 52-week high point. Observing comprehensive analysis of Cisco could help investors avoid big lost in investment. Check Cisco earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/102512A/CSCO/Cisco.pdf
The Dow Chemical Company (NYSE:DOW): For the third quarter ended September 30, 2012, The Dow Chemical Company (NYSE:DOW) reported sales of US$13.64 billion, down 10% from sales of US$15.11 billion in the same quarter of 2011. Net income available for common stockholders was US$497 million for the third quarter, compared with US$815 million in the prior-year quarter. Earnings for the quarter were US$0.42 per diluted share, compared to US$0.69 per diluted share a year ago. Shares of Dow Chemical gapped open sharply higher in the last trading session and closed higher by US$1.33 (or 4.66%) to US$29.88. DOW was traded above average volume with 20.64 million shares traded, 9.5 million shares more than its daily average. In the past 52 weeks, Dow Chemical share prices have been bracketed by a low of US$24.42 and a high of US$36.08, and are now at US$29.88 (22% above that low price). Do you think DOW will continue to advance? Do you think now is a good time to sell the stock? Investors could check Dow Chemical earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/102512A/DOW/DowChemical.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
RF Micro Devices, Inc. (NASDAQ:RFMD):
Read Full Report: http://www.earningforecast.com/PR/102512A/RFMD/RFMicroDevices.pdf
Compuware Corporation (NASDAQ:CPWR):
Read Full Report: http://www.earningforecast.com/PR/102512A/CPWR/Compuware.pdf
Juniper Networks, Inc. (NYSE:JNPR):
Read Full Report: http://www.earningforecast.com/PR/102512A/JNPR/JuniperNetworks.pdf
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