CoreLogic (CLGX) jumps 10.3% AH after stating it expects to beat its 2011 guidance, thanks to...

|By:, SA News Editor

CoreLogic (CLGX) jumps 10.3% AH after stating it expects to beat its 2011 guidance, thanks to growth in mortgage origination volumes and the execution of a cost reduction plan. The company is also guiding for 2012 revenue of $1.425B-$1.475B and EPS of $0.95-$1.05; the former is just in-line with a $1.44B consensus, but the latter is soundly above a Street forecast of $0.87.