NASDAQ Hot Stocks Earnings Forecast: Cirrus Logic, Research In Motion, Barrick Gold, EMC, Sirius, and Freeport-McMoRan
VANCOUVER, British Columbia, Nov. 2, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus Earnings Forecast reports and equity research for the following companies: Cirrus Logic (NASDAQ: CRUS), Research In Motion (NASDAQ: RIMM), Barrick Gold (NYSE: ABX), EMC (NYSE: EMC), Sirius (NASDAQ: SIRI), and Freeport-McMoRan (NYSE: FCX).
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Cirrus Logic, Inc. (NASDAQ: CRUS): For the second quarter of fiscal year 2013, Cirrus Logic, Inc. (NASDAQ: CRUS) reported revenue of US$193.77 million, an increase of 90.7% from US$99.00 million in the year-ago quarter. GAAP net income for the quarter was US$35.45 million (or US$0.51 per diluted share), compared with net income of US$6.93 million (or US$0.10 per diluted share), in the same quarter of fiscal 2012. Shares of Cirrus Logic plunged on Thursday and ended lower by 11.38% at US$36.14 with more than 17.45 million shares exchanged hands for the session compared to its average volume of 2.35 million shares. Do you think now is a good time to buy or sell the stock? See Cirrus Logic earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/110212A/CRUS/CirrusLogic.pdf
Research In Motion Limited (USA) (NASDAQ: RIMM): In the last trading session, shares of Research In Motion Limited (USA) (NASDAQ: RIMM) crossed above the 50-day moving average and soared 9.78% to close at US$8.70. Research In Motion was traded above average volume with 39.51 million shares traded, 11.95 million shares more than its daily average. The company has a market capitalization of US$4.56 billion with price range within US$6.22 - US$19.95 over the past 52 weeks. Investors may want to find out where RIMM will go from here. Observing comprehensive Research In Motion earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/110212A/RIMM/ResearchInMotion.pdf
Barrick Gold Corporation (USA) (NYSE: ABX): For the quarter ended September 30, 2012, Barrick Gold Corporation (USA) (NYSE: ABX) reported net earnings of US$0.62 billion (or US$0.62 per diluted share), compared with net earnings of US$1.38 billion (or US$1.36 per diluted share) in the same quarter of 2011. Following the announcement, shares of Barrick Gold plummeted US$3.80 (or -9.38%) to US$36.70 with more than 22.77 million shares traded compared to its average volume of 7.37 million shares. Can ABX rebound from here? Investors could check Barrick Gold earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/110212A/ABX/BarrickGold.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
EMC Corporation (NYSE: EMC):
Read Full Report: http://www.earningforecast.com/PR/110212A/EMC/EMC.pdf
Sirius XM Radio Inc. (NASDAQ: SIRI):
Read Full Report: http://www.earningforecast.com/PR/110212A/SIRI/Sirius.pdf
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX):
Read Full Report: http://www.earningforecast.com/PR/110212A/FCX/FreeportMcMoRan.pdf
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