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This is Part III of earnings being reported on Tuesday. There are quite a few market moving stocks reporting earnings. Due to the quantity of companies reporting, I am focusing on the highest volume traded stocks.

Hertz Global Holdings, Inc. (HTZ) is a $6.07 billion market cap company that trades an average of 2.94 million shares per day. The company was founded in 1918 and is headquartered in Park Ridge, New Jersey.

Industry: Rental & Leasing
Recent Price: $14.12
52 Week High: $17.64
52 Week Low: $8.36
Book Value: $4.86


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The company reported (basic) $0.32 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 2.46. During earnings season, Beta generally will increase. A Beta of 1 moves up and down with the market at an equal pace (equal amount of "volatility" as the overall market). Companies with a Beta of less than 1 have a history of relative price stability. Companies with a Beta over 1 have a history of relatively larger price swings compared to the overall market. At $14.12, the price is currently below the 200 day moving average of 14.66, and below the 60 day moving average of 15.60. The Quick Ratio is 0.31(generally the higher the better). The next reporting quarter estimated mean earnings are $0.21 per share. Analyst estimates range between $0.14 and $0.24 per share.


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The forward P/E ratio is 10.7. The stock has a price to book ratio (ttm) of 2.82. The price to sales ratio is 0.79.

The last fiscal year had accounts receivable to sales percentage of 0.1794% compared to the same period a year earlier of 0.1866%.

The company has rising revenue year-over-year of $7.56 billion for 2010 vs. $7.10 billion for 2009. The bottom line has rising earnings year-over-year of $-48.04 million for 2010 vs. $-126.02 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $747.52 million for 2010 vs. $444.83 million for 2009.

The annual growth rate of revenue is 6.49%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 -0.05 -0.03 0.02 NA%
Dec-10 0.07 0.1 0.03 37.93%
Sep-10 0.37 0.4 0.03 7.27%
Jun-10 0.12 0.14 0.02 12.9%
Mar-10 -0.12 -0.12 0 NA%

Glu Mobile Inc. (GLUU) is a $273.12 million market cap company that trades an average of 2.9 million shares per day. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Mateo, California. This company is a good example of why I believe it is important to look at all the major stocks reporting. This is one that I have not traded before, but it looks interesting. The $5.00 price point for a stock is very important. I will be watching the report on Tuesday looking for a long entry.

Industry: Recreational Products
Recent Price: $5.07
52 Week High: $6.10
52 Week Low: $1.05
Book Value: $0.52


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The company reported (basic) $0.06 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 2.13. At $5.07, the price is currently above the 200 day moving average of 3.46, and above the 60 day moving average of 4.79. The Quick Ratio is 1.24.


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The stock has a price to book ratio (ttm) of 5.28. The price to sales ratio is 1.14.

The last fiscal year had accounts receivable to sales percentage of 0.1657% compared to the same period a year earlier of 0.202%.

The company has falling revenue year-over-year of $64.35 million for 2010 vs. $79.34 million for 2009. The bottom line has rising earnings year-over-year of $-13.42 million for 2010 vs. $-18.19 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $-11.45 million for 2010 vs. $-14.91 million for 2009.

The annual growth rate of revenue is -18.9%.


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NYSE Euronext (NYX) is a $8.97 billion market cap company that trades an average of 2.79 million shares per day. The company is headquartered in New York, New York.

Industry: Investment Services
Recent Price: $33.50
52 Week High: $41.60
52 Week Low: $26.92
Book Value: $27.51


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The company reported (basic) $0.59 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.66. At $33.50, the price is currently below the 200 day moving average of 33.84, and below the 60 day moving average of 35.32. The next reporting quarter estimated mean earnings are $0.6 per share. Analyst estimates range between $0.56 and $0.65 per share.

The current trailing 12 months (ttm) P/E ratio is 14.61 and the forward P/E ratio is 11.31. The stock has a price to book ratio (ttm) of 1.16. The price to sales ratio is 1.78.

The last fiscal year had accounts receivable to sales percentage of 0.1189% compared to the same period a year earlier of 0.1408%. For the trailing 12 months, investors received $1.2 in dividends for a yield of 3.5%.

The company has falling revenue year-over-year of $4.43 billion for 2010 vs. $4.68 billion for 2009. The bottom line has rising earnings year-over-year of $577.00 million for 2010 vs. $219.00 million for 2009.

The annual growth rate of revenue is -5.53%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.60 0.68 0.08 13.79%
Dec-10 0.43 0.46 0.03 7.03%
Sep-10 0.43 0.46 0.03 7.8%
Jun-10 0.59 0.64 0.05 7.98%
Mar-10 0.54 0.54 0 0.00%

Coach, Inc. (COH) is a $18.81 billion market cap company that trades an average of 2.73 million shares per day. The company was founded in 1941 and is headquartered in New York, New York. Coach, Inc. operates independently of Sara Lee Corp. as of April 11, 2001.

Industry: Retail (Apparel)
Recent Price: $64.23
52 Week High: $69.20
52 Week Low: $35.06
Book Value: $5.94


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The company reported (basic) $0.63 per share in earnings for the quarter ending April 2, 2011. The stock trades at a Beta of 1.57. At $64.23, the price is currently above the 200 day moving average of 56.31, and above the 60 day moving average of 62.17. The Quick Ratio is 1.78. The next reporting quarter estimated mean earnings are $0.65 per share. Analyst estimates range between $0.6 and $0.68 per share.


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The current trailing 12 months (ttm) P/E ratio is 22.36 and the forward P/E ratio is 19.52. The stock has a price to book ratio (ttm) of 7.51. The price to sales ratio is 3.13.

The last fiscal year had accounts receivable to sales percentage of 0.0302% compared to the same period a year earlier of 0.0337%. For the trailing 12 months, investors received $0.3 in dividends for a yield of 1.41%.

The company has rising revenue year-over-year of $3.61 billion for 2010 vs. $3.23 billion for 2009. The bottom line has rising earnings year-over-year of $734.94 million for 2010 vs. $623.37 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $1.15 billion for 2010 vs. $971.91 million for 2009.

The annual growth rate of revenue is 11.68%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.60 0.62 0.02 3.04%
Dec-10 0.97 1 0.03 2.81%
Sep-10 0.55 0.63 0.08 14.46%
Jun-10 0.56 0.64 0.08 14.16%
Mar-10 0.46 0.5 0.04 8.39%

HCP, Inc. (HCP) is a $14.86 billion market cap company that trades an average of 2.58 million shares per day. HCP, Inc. was formed in 1985 and is based in Long Beach, California with additional office in Nashville and San Francisco.

Industry: Real Estate Operations
Recent Price: $36.65
52 Week High: $40.75
52 Week Low: $31.87
Book Value: $22.36


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The company reported (basic) $0.17 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.29. At $36.65, the price is currently above the 200 day moving average of 36.54, and below the 60 day moving average of 37.11. The next reporting quarter estimated mean earnings are $0.76 per share. Analyst estimates range between $0.68 and $0.89 per share.

The current trailing 12 months (ttm) P/E ratio is 43.12 and the forward P/E ratio is 13.14. The stock has a price to book ratio (ttm) of 1.42. The price to sales ratio is 9.

The last fiscal year had accounts receivable to sales percentage of 1.6232% compared to the same period a year earlier of 1.4942%. For the trailing 12 months, investors received $1.97 in dividends for a yield of 5.24%.

The company has rising revenue year-over-year of $1.26 billion for 2010 vs. $1.15 billion for 2009. The bottom line has rising earnings year-over-year of $307.50 million for 2010 vs. $109.07 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $661.76 million for 2010 vs. $390.64 million for 2009.

The annual growth rate of revenue is 9.25%.


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FirstEnergy Corp. (FE) is a $18.87 billion market cap company that trades an average of 2.38 million shares per day. The company was founded in 1996 and is headquartered in Akron, Ohio.

Industry: Electric Utilities
Recent Price: $44.91
52 Week High: $45.80
52 Week Low: $35.00
Book Value: $30.44


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The company reported (basic) $0.15 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.54. At $44.91, the price is currently above the 200 day moving average of 39.42, and above the 60 day moving average of 43.78. The Quick Ratio is 0.65. The next reporting quarter estimated mean earnings are $0.75 per share. Analyst estimates range between $0.67 and $0.82 per share.


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The current trailing 12 months (ttm) P/E ratio is 20.32 and the forward P/E ratio is 13.56. The stock has a price to book ratio (ttm) of 1.32. The price to sales ratio is 0.85.

The last fiscal year had accounts receivable to sales percentage of 0.1176% compared to the same period a year earlier of 0.1077%. For the trailing 12 months, investors received $2.2 in dividends for a yield of 4.87%.

The company has rising revenue year-over-year of $13.34 billion for 2010 vs. $12.97 billion for 2009. The bottom line has falling earnings year-over-year of $784.00 million for 2010 vs. $1.01 billion for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $1.81 billion for 2010 vs. $1.88 billion for 2009.

The annual growth rate of revenue is 2.82%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.73 0.69 -0.04 -5.09%
Dec-10 0.75 0.71 -0.04 -5.94%
Sep-10 1.12 1.28 0.16 14.76%
Jun-10 0.78 0.82 0.04 5.34%
Mar-10 0.76 0.81 0.05 6.37%

Rowan Companies, Inc. (RDC) is a $4.93 billion market cap company that trades an average of 2.36 million shares per day. The company was founded in 1923 and is headquartered in Houston, Texas.

Industry: Oil Well Services & Equipment
Recent Price: $38.69
52 Week High: $44.83
52 Week Low: $24.36
Book Value: $29.89


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The company reported (basic) $0.26 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.61. At $38.69, the price is currently above the 200 day moving average of 36.89, and above the 60 day moving average of 37.89. The Quick Ratio is 1.85. The next reporting quarter estimated mean earnings are $0.33 per share. Analyst estimates range between $0.26 and $0.38 per share.


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The current trailing 12 months (ttm) P/E ratio is 19.09 and the forward P/E ratio is 10.69. The stock has a price to book ratio (ttm) of 1.1. The price to sales ratio is 2.28.

The last fiscal year had accounts receivable to sales percentage of 0.2297% compared to the same period a year earlier of 0.1941%.

The company has rising revenue year-over-year of $1.82 billion for 2010 vs. $1.77 billion for 2009. The bottom line has falling earnings year-over-year of $280.00 million for 2010 vs. $367.50 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $390.96 million for 2010 vs. $501.01 million for 2009.

The annual growth rate of revenue is 2.77%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.30 0.24 -0.06 -18.75%
Dec-10 0.29 0.42 0.13 46.85%
Sep-10 0.51 0.57 0.06 11.66%
Jun-10 0.68 0.79 0.11 17%
Mar-10 0.75 0.81 0.06 8.65%

Unum Group (UNM) is a $7.5 billion market cap company that trades an average of 2.32 million shares per day. Unum Group was founded in 1848 and is based in Chattanooga, Tennessee.

Industry: Insurance (Accident & Health)
Recent Price: $24.70
52 Week High: $27.16
52 Week Low: $19.30
Book Value: $29.08


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The company reported (basic) $0.72 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.72. At $24.70, the price is currently below the 200 day moving average of 24.92, and below the 60 day moving average of 25.58. The next reporting quarter estimated mean earnings are $0.72 per share. Analyst estimates range between $0.7 and $0.73 per share.

The current trailing 12 months (ttm) P/E ratio is 8.96 and the forward P/E ratio is 7.48. The stock has a price to book ratio (ttm) of 0.89. The price to sales ratio is 0.78.

For the trailing 12 months, investors received $0.36 in dividends for a yield of 1.72%.

The company has rising revenue year-over-year of $10.19 billion for 2010 vs. $10.09 billion for 2009. The bottom line has rising earnings year-over-year of $886.10 million for 2010 vs. $852.60 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $1.33 billion for 2010 vs. $1.29 billion for 2009.

The annual growth rate of revenue is 1.01%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.70 0.69 -0.01 -0.96%
Dec-10 0.69 0.66 -0.03 -4.03%
Sep-10 0.68 0.68 0 0.00%
Jun-10 0.68 0.69 0.01 2.21%
Mar-10 0.66 0.67 0.01 2.26%

Sonus Networks, Inc. (SONS) is a $837.9 million market cap company that trades an average of 2.3 million shares per day. The company was founded in 1997 and is headquartered in Westford, Massachusetts.

Industry: Communications Equipment
Recent Price: $2.98
52 Week High: $4.16
52 Week Low: $2.50
Book Value: $1.47


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The company reported (basic) $0.04 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.75. At $2.98, the price is currently below the 200 day moving average of 3.13, and below the 60 day moving average of 3.07. The Quick Ratio is 4.34. The next reporting quarter estimated mean earnings are $0.01 per share.


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The forward P/E ratio is 99.33. The stock has a price to book ratio (ttm) of 1.76. The price to sales ratio is 2.95.

The last fiscal year had accounts receivable to sales percentage of 0.2118% compared to the same period a year earlier of 0.211%.

The company has rising revenue year-over-year of $249.31 million for 2010 vs. $227.50 million for 2009. The bottom line has falling earnings year-over-year of $-10.69 million for 2010 vs. $-4.93 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $-11.56 million for 2010 vs. $-11.38 million for 2009.

The annual growth rate of revenue is 9.59%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.00 -0.04 -0.04 NA%
Dec-10 0.00 0.04 0.04 NA%
Sep-10 -0.01 -0.08 -0.07 NA%
Jun-10 0.00 0 0 NA%
Mar-10 -0.02 0 0.02 NA%

OfficeMax Incorporated (OMX) is a $625.85 million market cap company that trades an average of 2.21 million shares per day. OfficeMax Incorporated was founded in 1913 and is headquartered in Naperville, Illinois.

Industry: Office Supplies
Recent Price: $7.30
52 Week High: $19.20
52 Week Low: $6.05
Book Value: $7.24


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The company reported (basic) $0.13 per share in earnings for the quarter ending March 26, 2011. The stock trades at a Beta of 2.67. At $7.30, the price is currently below the 200 day moving average of 13.22, and below the 60 day moving average of 7.72. The Quick Ratio is 1.12.


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The current trailing 12 months (ttm) P/E ratio is 11.59 and the forward P/E ratio is 8.8. The stock has a price to book ratio (ttm) of 2.7. The price to sales ratio is 0.23.

The last fiscal year had accounts receivable to sales percentage of 0.0765% compared to the same period a year earlier of 0.0748%.

The company has falling revenue year-over-year of $7.15 billion for 2010 vs. $7.21 billion for 2009. The bottom line has rising earnings year-over-year of $68.63 million for 2010 vs. $-2.15 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $146.47 million for 2010 vs. $-3.99 million for 2009.

The annual growth rate of revenue is -0.86%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.27 0.13 -0.14 -51.44%
Dec-10 0.11 0.16 0.05 46.39%
Sep-10 0.12 0.23 0.11 96.41%
Jun-10 0.00 0.12 0.12 NA%
Mar-10 0.21 0.39 0.18 89.69%

WebMD Health Corp. (WBMD) is a $2.1 billion market cap company that trades an average of 2.19 million shares per day. Health Corp. was founded in 1995 and is headquartered in New York, New York.

Industry: Computer Services
Recent Price: $35.68
52 Week High: $58.55
52 Week Low: $31.66
Book Value: $0.00


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The company reported (basic) $0.33 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.96. At $35.68, the price is currently below the 200 day moving average of 50.78, and below the 60 day moving average of 46.00. The Quick Ratio is 3.41. The next reporting quarter estimated mean earnings are $0.21 per share. Analyst estimates range between $0.19 and $0.22 per share.


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The current trailing 12 months (ttm) P/E ratio is 28.73 and the forward P/E ratio is 30.98. The stock has a price to book ratio (ttm) of 4.22. The price to sales ratio is 5.94.

The last fiscal year had accounts receivable to sales percentage of 0.2515% compared to the same period a year earlier of 0.2694%.

The company has rising revenue year-over-year of $534.52 million for 2010 vs. $438.54 million for 2009. The bottom line has falling earnings year-over-year of $54.07 million for 2010 vs. $117.34 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $112.74 million for 2010 vs. $31.81 million for 2009.

The annual growth rate of revenue is 21.89%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.15 0.19 0.04 28.81%
Dec-10 0.43 0.55 0.12 29.41%
Sep-10 0.22 0.24 0.02 8.79%
Jun-10 0.12 0.13 0.01 9.34%
Mar-10 0.05 -0.07 -0.12 NA%

American Tower Corporation (AMT) is a $20.32 billion market cap company that trades an average of 2.13 million shares per day. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

Industry: Communications Services
Recent Price: $52.60
52 Week High: $56.84
52 Week Low: $44.27
Book Value: $8.81


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The company reported (basic) $0.23 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.66. At $52.60, the price is currently above the 200 day moving average of 51.77, and above the 60 day moving average of 52.53. The Quick Ratio is 2.59. The next reporting quarter estimated mean earnings are $0.23 per share. Analyst estimates range between $0.2 and $0.25 per share. They better not miss or it could get real ugly.


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The current trailing 12 months (ttm) P/E ratio is 57.8 and the forward P/E ratio is 40.15. The stock has a price to book ratio (ttm) of 5.96. The price to sales ratio is 10.51.

The last fiscal year had accounts receivable to sales percentage of 0.0408% compared to the same period a year earlier of 0.0394%.

The company has rising revenue year-over-year of $1.99 billion for 2010 vs. $1.72 billion for 2009. The bottom line has rising earnings year-over-year of $372.94 million for 2010 vs. $246.60 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $784.38 million for 2010 vs. $672.26 million for 2009.

The annual growth rate of revenue is 15.15%.


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Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.23 0.23 0 0.00%
Dec-10 0.22 0.2 -0.02 -10.11%
Sep-10 0.19 0.23 0.04 18.19%
Jun-10 0.21 0.25 0.04 21.77%
Mar-10 0.18 0.24 0.06 30.29%

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest. I also often include some that are not "confirmed" but are "Proposed" for the same day. The numbers are only as good as the sources. Many of the ADRs that are relatively new provide a special challenge that can be very time consuming to figure out the "best" number. Chinese ADRs that are new seem to be especially prone to conflicts with Reuters, EDGAR Online, and other sources.

>> Continue to Part IV

Source: Companies to Consider That Are Reporting Earnings on Tuesday Part III