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 TODAY'S HEADLINES   PRINTABLE VERSION

Coinstar Slides 15%, Misses Q3 Sales Estimate and Sees FY Sales Missing

Boston, Nov 06, 2009 (MidnightTrader via COMTEX) -- Coinstar (CSTR) is down sharply after the company said late Thursday it earned $1.34 per share in Q3, including items. The Thomson Reuters mean estimate, usually less items, was a quarter per share.

Sales of $296 million missed expectations for $331.9 million.

For the year, it expects to earn $0.98 to $1.04 per share with revenue between $1.12 billion and $1.17 billion. Analysts are looking for a profit of $0.85 per share with revenue of $1.27 billion.

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As of Monday, 11-02-2009 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated an UPTREND on
10-08-2009 for CSTR @ $34.67.

For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com

SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2009 Comtex News Network, Inc. All rights reserved.


 
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