[May 20, 2013] Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago CTC Media Is Down 0.3% (CTCM) Tweet May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- When CTC Media (NASDAQ:CTCM) reported earnings 18 days ago on May 2nd, 2013, analysts, on average, expected the company to report earnings of $0.22 on sales of $198.0 million. The company actually reported EPS of $0.18 on sales of $195.3 million, missing EPS estimates by $0.04 and missing revenue estimates by $2.7 million. Since the company's report, shares of CTC Media have fallen from $11.63 to $11.60, representing a loss of 0.3% in the past 18 days. CTC Media share prices have moved between a 52-week high of $13.45 and a 52-week low of $7.15 and are now trading 62% above that low price at $11.60 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 1.0%. SmarTrend recommended that subscribers consider buying shares of CTC Media on January 17th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.99. Since that recommendation, shares of CTC Media have risen 29.0%. We continue to monitor CTCM 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 ]