Subscribe for free stock alerts!

Wednesday, March 28, 2012

An Earnings Preview: (NASDAQ: VRNT), (NASDAQ: PAYX), (TSE: BTO.TO), (NASDAQ: PRGS), (NYSE: MOS)

Verint Systems Inc (NASDAQ: VRNT) is expected to earn $0.68 per share for quarter ended Jan 2012. Estimates from Wall Street analysts ranged from as low as $0.67 per share to as high as $0.69 per share. For the same quarter last year, the company earned $0.66 per share. Revenues are expected to come in at $212.15M. Shares of Verint Systems Inc fell by 0.10% or $-0.03/share to $30.37. In the past year, the shares have traded as low as $22.50 and as high as $37.99. On average, 186132 shares of VRNT exchange hands on a given day and today's volume is recorded at 101365. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $28.68 area where the stock will likely see buying pressure.

Paychex Inc (NASDAQ: PAYX) is expected to earn $0.37 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.36 per share to as high as $0.39 per share. For the same quarter last year, the company earned $0.36 per share. Revenues are expected to come in at $568.86M. Shares of Paychex Inc fell by 0.54% or $-0.172/share to $31.93. In the past year, the shares have traded as low as $25.12 and as high as $33.71. On average, 2624090 shares of PAYX exchange hands on a given day and today's volume is recorded at 881513. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $31.54 area where the stock will likely see buying pressure.

B2Gold Corp (TSE: BTO.TO) is expected to earn $0.06 per share for quarter ended Dec 2011. Estimates from Wall Street analysts ranged from as low as $0.04 per share to as high as $0.08 per share. For the same quarter last year, the company earned $0.05 per share. Revenues are expected to come in at $58.45M. Shares of B2Gold Corp fell by 5.04% or $-0.21/share to $3.96. In the past year, the shares have traded as low as $2.71 and as high as $4.45. On average, 2498720 shares of BTO.TO exchange hands on a given day and today's volume is recorded at 1490938. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $4.01 represents resistance and the 200-day moving average of $3.63 would be an area of support.

Progress Software Corp (NASDAQ: PRGS) is expected to earn $0.25 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.25 per share to as high as $0.26 per share. For the same quarter last year, the company earned $0.42 per share. Revenues are expected to come in at $120.51M. Shares of Progress Software Corp fell by 3.11% or $-0.76/share to $23.64. In the past year, the shares have traded as low as $16.71 and as high as $30.39. On average, 434106 shares of PRGS exchange hands on a given day and today's volume is recorded at 346482. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $23.52 area where the stock will likely see buying pressure.

Mosaic Co (NYSE: MOS) is expected to report their earnings today for quarter ended May 2011. Revenues are expected to come in at $2.54B. Shares of Mosaic Co fell by 1.40% or $-0.82/share to $57.76. In the past year, the shares have traded as low as $44.86 and as high as $83.41. On average, 4665240 shares of MOS exchange hands on a given day and today's volume is recorded at 2689111. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $56.68 area where the stock will likely see buying pressure.