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ANSYS Earnings Hindsight: Up 3.4% in Last 18 Days (ANSS)
[May 20, 2013]

ANSYS Earnings Hindsight: Up 3.4% in Last 18 Days (ANSS)


May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- When ANSYS (NASDAQ:ANSS) reported earnings two weeks ago on May 2nd, 2013, analysts, on average, expected the company to report earnings of $0.69 on sales of $204.3 million. ANSYS actually reported earnings of $0.71 per share on sales of $197.7 million, beating EPS estimates by $0.02 and missing revenue estimates by $6.6 million. Since the company's report, shares of ANSYS have risen from $73.93 to $76.44, representing a gain of 3.4% in the past 18 days.

ANSYS share prices have moved between a 52-week high of $81.55 and a 52-week low of $55.45 and are now trading 38% above that low price at $76.44 per share. The 200-day and 50-day moving averages have moved 0.59% higher and 0.26% lower over the past week, respectively.

SmarTrend is tracking the current trend status for ANSYS and will alert subscribers who have ANSS in their portfolio or watchlist when shares have changed trend direction.


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