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Polo Ralph Lauren Earnings Hindsight: Down 2.0% in Last 19 Days (RL)Feb 25, 2013 (SmarTrend(R) News Watch via COMTEX) -- When Polo Ralph Lauren (NYSE:RL) reported earnings 19 days ago on February 6th, 2013, analysts, on average, expected the company to report earnings of $2.19 on sales of $1.8 billion. The company actually reported EPS of $2.40 on sales of $1.8 billion, beating EPS estimates by $0.21 and matching revenue estimates. Since the company's report, shares of Polo Ralph Lauren have fallen from $174.63 to $171.12, representing a loss of 2.0% in the past 19 days. Over the past year, Polo Ralph Lauren has traded in a range of $134.29 to $182.48 and is now at $171.12, 27% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has remained constant. SmarTrend recommended that subscribers consider buying shares of Polo Ralph Lauren on January 3rd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $155.72. Since that recommendation, shares of Polo Ralph Lauren have risen 9.6%. We continue to monitor RL 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 |