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Thursday, April 5, 2012

Today's Earnings Preview: (NYSE: RPM), (NASDAQ: PLCM), (NYSE: KMX), (NYSE: STZ), (NASDAQ: PMTC)

RPM International Inc (NYSE: RPM) is expected to earn $0.01 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $-0.02 per share to as high as $0.03 per share. For the same quarter last year, the company earned $0.01 per share. Revenues are expected to come in at $730.38M. Shares of RPM International Inc fell by 1.41% or $-0.37/share to $25.90. In the past year, the shares have traded as low as $17.20 and as high as $26.69. On average, 742510 shares of RPM exchange hands on a given day and today's volume is recorded at 1422107. 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 $25.21 area where the stock will likely see buying pressure.

Polycom Inc (NASDAQ: PLCM) is expected to earn $0.30 per share for quarter ended Mar 2012. Estimates from Wall Street analysts ranged from as low as $0.30 per share to as high as $0.31 per share. For the same quarter last year, the company earned $0.24 per share. Revenues are expected to come in at $400.67M. Shares of Polycom Inc fell by 17.54% or $-3.19/share to $15.00. In the past year, the shares have traded as low as $14.45 and as high as $34.30. On average, 2647240 shares of PLCM exchange hands on a given day and today's volume is recorded at 14985797. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $18.62 area where the stock may encounter resistance.

Carmax Inc (NYSE: KMX) is expected to earn $0.40 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.37 per share to as high as $0.42 per share. For the same quarter last year, the company earned $0.38 per share. Revenues are expected to come in at $2.41B. Shares of Carmax Inc fell by 4.12% or $-1.44/share to $33.48. In the past year, the shares have traded as low as $22.77 and as high as $35.17. On average, 1726420 shares of KMX exchange hands on a given day and today's volume is recorded at 2882372. 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 $32.82 area where the stock will likely see buying pressure.

Constellation Brands Inc (NYSE: STZ) is expected to earn $0.39 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.37 per share to as high as $0.42 per share. For the same quarter last year, the company earned $0.35 per share. Revenues are expected to come in at $626.40M. Shares of Constellation Brands Inc fell by 14.52% or $-3.585/share to $21.10. In the past year, the shares have traded as low as $16.42 and as high as $24.87. On average, 1549970 shares of STZ exchange hands on a given day and today's volume is recorded at 8335130. 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 $22.65 represents resistance and the 200-day moving average of $20.65 would be an area of support.

Parametric Technology Corp (NASDAQ: PMTC) is expected to earn $0.34 per share for quarter ended Mar 2012. Estimates from Wall Street analysts ranged from as low as $0.33 per share to as high as $0.36 per share. For the same quarter last year, the company earned $0.26 per share. Revenues are expected to come in at $314.67M. Shares of Parametric Technology Corp fell by 21.65% or $-5.89/share to $21.31. In the past year, the shares have traded as low as $14.25 and as high as $28.95. On average, 1415450 shares of PMTC exchange hands on a given day and today's volume is recorded at 6469849. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $21.82 area where the stock may encounter resistance.