Breaking Earnings Forecast News: JPMorgan, Oracle, ARMOUR Residential REIT, Gilead Sciences, General Electric, and Illumina
VANCOUVER, British Columbia, Oct. 16, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: JPMorgan (NYSE: JPM), Oracle (NASDAQ: ORCL), ARMOUR Residential REIT (NYSE: ARR), Gilead Sciences (NASDAQ: GILD), General Electric (NYSE: GE), and Illumina (NASDAQ: ILMN).
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JPMorgan Chase & Co. (NYSE: JPM): For the third quarter of 2012, JPMorgan Chase & Co. (NYSE: JPM) announced net income of US$5.7 billion, up from net income of US$4.3 billion in the same quarter of 2011. Earnings per share were US$1.40 for the third quarter, compared with US$1.02 in the prior-year quarter. JPMorgan reported revenue for the quarter was US$25.9 billion, up 6% year-over-year. JPMorgan shares ended higher 1.83% to US$42.38 on over 26.26 million shares, compared to its average volume of 25.26 million shares. In the past 52 weeks, JPMorgan share prices have been bracketed by a low of US$28.28 and a high of US$46.49, and are now at US$42.38 (50% above that low price). The company has a market capitalization of US$161.03 billion. Investors may want to find out where JPM will go from here. Observe comprehensive JPMorgan earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/101612B/JPM/JPMorgan.pdf
Oracle Corporation (NASDAQ: ORCL): In the last trading session, Oracle Corporation (NASDAQ: ORCL) shares ended higher by 0.97% to US$31.30 while the stock traded within the range of US$24.91 – US$33.81. ORCL was traded above average volume with 26.14 million shares traded, 1.17 million shares more than its daily average. Oracle is a provider of enterprise software and computer hardware products and services. The company's 52-week range remained US$24.91 to US$33.81 with its market capitalization touching US$150.84 billion. Its price, as of the latest close, was up 26% compared with the 52-week low and was 8% below the 52-week high. Do you think ORCL will continue to advance? Do you think now is a good time to sell the stock? Investors could check Oracle Corporation earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/101612B/ORCL/Oracle.pdf
ARMOUR Residential REIT, Inc. (NYSE: ARR): ARMOUR Residential REIT, Inc. (NYSE: ARR) shares began the trading session with a price of US$7.06 and throughout the session slumped to a low of US$6.57. When day-trade ended, the stock finally dipped as much as US$0.30 (or -4.17%) to US$6.90. In the past 52 weeks, the stock has traded within a range of US$6.40 – US$7.98. Its price, as of the latest close, was up 8% compared with the 52-week low and was 16% below the 52-week high. There were 34.82 million shares of ARMOUR Residential REIT exchanging hands as compared to its average daily volume of 8.78 million shares. ARMOUR Residential REIT's market capitalization after the recent close was US$1.96 billion. Observing comprehensive analysis of ARMOUR Residential REIT could help investors avoid big lost in investment. Check ARMOUR Residential REIT earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/101612B/ARR/ARMOURResidentialREIT.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. Check out the consensus earnings forecast reports below:
Gilead Sciences, Inc. (NASDAQ: GILD):
Read Full Report: http://www.earningforecast.com/PR/101612B/GILD/GileadSciences.pdf
General Electric Company (NYSE: GE):
Read Full Report: http://www.earningforecast.com/PR/101612B/GE/GeneralElectric.pdf
Illumina, Inc. (NASDAQ: ILMN):
Read Full Report: http://www.earningforecast.com/PR/101612B/ILMN/Illumina.pdf
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