[May 20, 2013] Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Convergys Is Up 6.5% (CVG) Tweet May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- Two weeks ago on April 30th, 2013 Convergys (NYSE:CVG) reported earnings and analysts, on average, expected earnings of $0.23 on sales of $499.9 million. Convergys actually reported earnings of $0.27 per share on sales of $493.5 million, beating EPS estimates by $0.04 and missing revenue estimates by $6.4 million. Since the company's report, shares of Convergys have risen from $17.02 to $18.12, representing a gain of 6.5% in the past 20 days. In the past 52 weeks, Convergys share prices have been bracketed by a low of $12.98 and a high of $18.30 and are now at $18.12, 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.5%. SmarTrend recommended that subscribers consider buying shares of Convergys on January 2nd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $16.69. Since that recommendation, shares of Convergys have risen 8.6%. We continue to monitor CVG 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 [ Back To TMCnet.com's Homepage ]