TMCnet News
Northwest Natural Gas Earnings Hindsight: Up 4.3% in Last 18 Days (NWN)May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- Two weeks ago on May 2nd, 2013 Northwest Natural Gas (NYSE:NWN) reported earnings and analysts, on average, expected earnings of $1.48 on sales of $313.5 million. The company actually reported EPS of $1.40 on sales of $277.9 million, missing EPS estimates by $0.08 and missing revenue estimates by $35.6 million. Shares of Northwest Natural Gas have climbed from $43.06 to $44.90, representing a gain of 4.3% since the company reported earnings 18 days ago. In the past 52 weeks, Northwest Natural Gas share prices have been bracketed by a low of $41.01 and a high of $50.80 and are now at $44.90, 9% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant. SmarTrend is tracking the current trend status for Northwest Natural Gas and will alert subscribers who have NWN 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 |