VANCOUVER, British Columbia, Oct. 18, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: CSX (NYSE:CSX), United Rentals (NYSE:URI), Verizon (NYSE:VZ), Questcor (NASDAQ:QCOR), Hewlett-Packard (NYSE:HPQ), and First Solar (NASDAQ:FSLR).
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CSX Corporation (NYSE:CSX): On Wednesday, CSX Corporation (NYSE:CSX) reported net earnings of US$455 million for the third quarter, down 2% from net earnings of US$464 million in the same period last year. Despite this decline, earnings per share were US$0.44 for the third quarter, an increase of 2% from US$0.43 per share in the prior-year quarter. In trading on Wednesday, shares of CSX gapped open sharply lower and closed at US$21.19 by slipping US$0.44 (or -2.03%). Share prices of CSX have traded as high as US$23.71 per share and as low as US$19.87 in the past 52 weeks. Its price, as of the latest close, was up 7% compared with the 52-week low and was 12% below the 52-week high. Last session's traded volume of CSX was 20.87 million shares as compared to its average volume of 7.91 million shares. Investors may want to find out where CSX will go from here. Observing comprehensive CSX earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/101812B/CSX/CSX.pdf
United Rentals, Inc. (NYSE:URI): For the third quarter of 2012, United Rentals, Inc. (NYSE:URI) reported total revenues of US$1.22 billion, compared with US$713 million in the same quarter of 2011. On a GAAP basis, net income for the quarter was US$73 million (or US$0.70 per diluted share), compared with net income of US$65 million (or US$0.91 per diluted share), a year ago. Shares of United Rentals soared US$5.26 (or 15.49%) in the session to settle at US$39.22. The stock price crossed above the 50-day moving average in the last trading session. There were 12.71 million shares of United Rentals exchanging hands as compared to its average daily volume of 3.22 million shares. In the past 52 weeks, United Rentals share prices have been bracketed by a low of US$19.76 and a high of US$47.98, and are now at US$39.22 (98% above that low price). Observing comprehensive analysis of United Rentals could help investors avoid big lost in investment. Check United Rentals earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/101812B/URI/UnitedRentals.pdf
Verizon Communications Inc. (NYSE:VZ): On Tuesday, Verizon Communications Inc. (NYSE:VZ) announced the completion of its acquisition of wireless assets in New Mexico RSA #6, owned by E.N.M.R. Telephone Cooperative and its subsidiary Plateau Telecommunications and operated under the brand name Plateau Wireless. Through the transaction, Verizon Wireless will expand its brand and network footprint in southeastern New Mexico to the counties of Eddy, Chaves, Lea, Otero and a portion of Lincoln that it doesn't currently serve. Financial terms of the deal were not closed. Verizon is scheduled to release its third-quarter 2012 earnings on Thursday, October 18. Stocks of Verizon in the last trading session began with a price of US$44.15 and attained highs of US$44.79, finally advanced 1.45% to US$44.72. The last session's volume of 15.09 million shares was above from the average daily trading volume of 14.36 million shares. Do you think VZ will continue to advance? Do you think now is a good time to sell the stock? Investors could check Verizon earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/101812B/VZ/Verizon.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR):
Read Full Report: http://www.earningforecast.com/PR/101812B/QCOR/Questcor.pdf
Hewlett-Packard Company (NYSE:HPQ):
Read Full Report: http://www.earningforecast.com/PR/101812B/HPQ/HewlettPackard.pdf
First Solar, Inc. (NASDAQ:FSLR):
Read Full Report: http://www.earningforecast.com/PR/101812B/FSLR/FirstSolar.pdf
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