PHOENIX, Oct. 22, 2014 /PRNewswire/ -- EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: Apple (NASDAQ:AAPL), Coca-Cola (NYSE:KO), Ocwen Financial (NYSE:OCN), Alibaba (NYSE:BABA), Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA), and GT Advanced Technologies (OTCMKTS:GTATQ).
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Apple Inc. (NASDAQ:AAPL): The share of Apple (NASDAQ:AAPL) began the trading session with a price of US$103.02. When day-trade ended, the stock price earned 2.72% to US$102.47 by the end of last trading session with 94.51 million shares exchanged hands, compared to daily average volume of 67.26 million. GT Advanced Technologies has agreed to pay off its debts to Apple by selling the furnaces it had been using to try and supply Apple with sapphire. Apple Inc. (AAPL) reported strong earnings and revenues, with earnings per share of US$1.42 on revenue of US$42.1 billion, handily beating expectations of US$1.31 and US$40 billion, respectively. Apple raised guidance slightly to a range of US$63.5 billion to US$66.5 billion compared to a previous guidance of US$63.5 billion. The industry of Electronic Equipment rose about 1.74%, and competitor BlackBerry Limited dropped about 1.46% to the price of US$10.15. Do you think Apple will go on? Do you think now is a good time to buy the stock? Investors can check the AAPL earnings forecast report here.
Read the Full Report: http://www.earningforecast.com/PR/102214A/AAPL/Apple.pdf
The Coca-Cola Company (NYSE:KO): The share of Coca-Cola (NYSE:KO) began the trading session with a price of US$40.80. When day-trade ended, the stock price plunged 6.03% to US$40.68 by the end of last trading session with 55.95 million shares exchanged hands, compared to daily average volume of 18.96 million. The Atlanta-based beverage company reported a third quarter earnings drop of 14% to US$2.1 billion from US$2.45 billion one year ago. Excluding some items, earnings was 53 cents per share for the quarter, in-line with analyst estimates. The company also repurchased US$4.2 billion of stock in the quarter. The flattening sales, stronger dollar and heavy restructuring costs led to a weaker-than-expected third quarter for the world's largest beverage company. The industry of Beverages - Soft Drinks lost about 2.47%, and competitor Pepsico, Inc. lifted 0.19% to the price of US$93.73. Do you think Coca-Cola will go on? Do you think now is a good time to buy the stock? Investors can check the KO earnings forecast report here.
Read the Full Report: http://www.earningforecast.com/PR/102214A/KO/Coca-Cola.pdf
Ocwen Financial Corp. (NYSE:OCN): The share of Ocwen Financial (NYSE:OCN) began the trading session with a price of US$26.48. When day-trade ended, the stock price slumped 18.20% to US$21.48 by the end of last trading session with 23.27 million shares exchanged hands, compared to daily average volume of 2.13 million. New York's top financial regulator accused the mortgage service company of backdating letters to its borrowers. Ocwen had previously announced it received a subpoena from the SEC in June in relation to the company's business practices, while New York's Superintendent of Financial Services is also investigating if Ocwen's mortgage servicing procedures are unfair to homeowners, particularly those in dire financial straits. The industry of Mortgage Investment earned about 0.04%, and competitor Nationstar Mortgage Holdings Inc. lifted about 0.01% to the price of US$34.71. Do you think Ocwen Financial will go on? Do you think now is a good time to buy the stock? Investors can check the OCN earnings forecast report here.
Read the Full Report: http://www.earningforecast.com/PR/102214A/OCN/OcwenFinancial.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Alibaba Group Holding Ltd. (NYSE:BABA):
Read the Full Report: http://www.earningforecast.com/PR/102214A/BABA/Alibaba.pdf
Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA):
Read the Full Report: http://www.earningforecast.com/PR/102214A/FNMA/Fannie.pdf
GT Advanced Technologies Inc. (OTCMKTS:GTATQ):
Read the Full Report: http://www.earningforecast.com/PR/102214A/GTATQ/GTAdvancedTechnologies.pdf
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