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Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Harris Is Up 9.2% (HRS)May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- 20 days ago, on April 30th, 2013, Harris (NYSE:HRS) reported its earnings. Analysts, on average, expected earnings of $1.12 per share on sales of $1.2 billion. The company actually reported EPS of $1.12 on sales of $1.2 billion, matching EPS estimates and missing revenue estimates by $3.9 million. Shares of Harris have climbed from $46.20 to $50.46, representing a gain of 9.2% since the company reported earnings 20 days ago. Over the past year, Harris has traded in a range of $38.46 to $52.23 and is now at $50.46, 31% above that low. The 200-day and 50-day moving averages have moved 0.44% higher and 0.63% higher over the past week, respectively. SmarTrend recommended that subscribers consider buying shares of Harris on April 29th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $44.29. Since that recommendation, shares of Harris have risen 13.9%. We continue to monitor HRS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
