Monday, July 8, 2013

And Another Earnings Season Has Started....

WD-40 popped $8, from $58 to $66 in after-hours trading after 3Q13 earnings were released/discussed: net income rose 12 percent in the fiscal third quarter on greater sales of multipurpose items like its namesake WD-40 spray lubricant.

Magnum Hunter is scheduled to report tomorrow, before the market opens. Analysts expect a loss of 11 cents/share. [Update: MHR blows past analysts' consensus: earns 5 cents vs an expected 11-cent loss.]

No comments:

Post a Comment