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Monday, March 26, 2012

Today's Earnings Preview: (NASDAQ: KIOR), (NASDAQ: APOL), (TSE: SNC.TO)

KiOR Inc (NASDAQ: KIOR) is expected to earn $-0.15 per share for quarter ended Dec 2011. Estimates from Wall Street analysts ranged from as low as $-0.17 per share to as high as $-0.12 per share.Shares of KiOR Inc traded higher by 4.05% or $0.455/share to $11.69. In the past year, the shares have traded as low as $7.51 and as high as $23.85. On average, 117277 shares of KIOR exchange hands on a given day and today's volume is recorded at 175464. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $13.30 represents resistance and the 50-day moving average of $10.29 would be an area of support.

Apollo Group Inc (NASDAQ: APOL) is expected to earn $0.37 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.23 per share to as high as $0.54 per share. For the same quarter last year, the company earned $0.83 per share. Revenues are expected to come in at $932.82M. Shares of Apollo Group Inc traded higher by 1.49% or $0.63/share to $43.04. In the past year, the shares have traded as low as $37.08 and as high as $58.29. On average, 2259230 shares of APOL exchange hands on a given day and today's volume is recorded at 1114752. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $47.22 area but be careful because the stock may face selling pressure at this level.

SNC Lavalin Group Inc (TSE: SNC.TO) is expected to earn $0.44 per share for quarter ended Dec 2011. Estimates from Wall Street analysts ranged from as low as $0.42 per share to as high as $0.47 per share. For the same quarter last year, the company earned $0.91 per share. Revenues are expected to come in at $1.94B. Shares of SNC Lavalin Group Inc traded higher by 5.04% or $1.98/share to $41.25. In the past year, the shares have traded as low as $36.56 and as high as $59.97. On average, 770305 shares of SNC.TO exchange hands on a given day and today's volume is recorded at 2325485. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $44.39 area but be careful because the stock may face selling pressure at this level.