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Websense Earnings Review: 20 Days after Announcement Shares Down 6.1% (WBSN)Nov 14, 2011 (SmarTrend(R) News Watch via COMTEX) -- Two weeks ago on October 25th, 2011 Websense (NASDAQ:WBSN) reported earnings and analysts, on average, expected earnings of $0.41 on sales of $91.4 million. The company actually reported EPS of $0.44 on sales of $92.1 million, beating EPS estimates by $0.03 and beating revenue estimates by $0.7 million. Shares of Websense have slipped from $19.34 to $18.16, representing a loss of 6.1%, since the company reported earnings 20 days ago. Websense share prices have moved between a 52-week high of $27.96 and a 52-week low of $15.50 and are now trading 17% above that low price at $18.16 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.9%. SmarTrend is tracking the current trend status for Websense and will alert subscribers who have WBSN in their portfolio or watchlist when shares have changed trend direction. 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 |