OptionsHouse

Options Trading News

October 26, 2012  Fri 7:26 AM CT

EXPE: SEE CHART GET CHAIN FIND STRATEGIES

Earnings, Revenue Exceed Street Estimates

Expedia earned $1.32 a share in the third quarter on revenue of $1.20 billion. Analysts had only expected $1.26 and $1.17 billion, respectively. That beat is pushing EXPE higher 17 percent before the bell on my tradeMONSTER platform.

Deckers Sales Lag as Inventories Pile Up

Deckers reported strong earnings, but sales missed by a mile. Revenue of the third quarter was just $376.4 million, well below the $413.5 million total expected by analysts. Management also cut the growth forecast as inventories piled up. DECK plunges 18 percent in early trading.

Cerner Posts Strong Results as Bookings Climb

Cerner earned $0.60 a share, beating the $0.59 consensus forecast. Revenue of $676.5 million also beat the $651 estimate and bookings rose 18 percent to a new record level. CERN pops 13 percent in the premarket.

Share this article with your friends


OptionsHouse

Premium Services

Education & Strategy

The Problem with Trading Earnings

AP Options specializes in Swing Trading. Swing trading is the art of locating short term, quick, aggressive movements in a stock normally created by the technicals but, can be sometimes created by the fundamentals. These trades, at least in this service, last a couple of days to a week in the majority of cases.

View more education articles »