By Laura Isensee and Gina KeatingLOS ANGELES (Reuters) - Blockbuster Inc BBI, the largest U.S. movie rental chain, posted a larger-than-expected quarterly loss as revenue fell more than 20 percent, and its shares dropped 12 percent in after-hours trade.Blockbuster spent the better part of the year in a round of...
LOS ANGELES (Reuters) - Blockbuster Inc BBI, the largest U.S. movie rental chain, posted a larger-than-expected third-quarter loss it said was due primarily to write-offs of debt financing costs and the sale of its Irish unit, and its shares plummeted 12 percent.Blockbuster's net loss was $116.8 million, or 60 cents...
BloggingStocks: Blockbuster (BBI) is a terrible company and stock. After perusing the third-quarter report, published Friday after the bell, I don't see any reason to modify such a rough statement.
Sorry about that, but what else can I say about a huge revenue ... Read more
BloggingStocks: So here's the deal. Hollywood studios have been increasing unhappy about the decline in DVD sales. One might paraphrase the Oscar-winning Network and say they are mad as heck, and can't take it anymore. In the first half of 2009, U.S. retail sales of ... Read more
Blockbuster Inc. (NYSE: BBI) is scheduled to release third quarter earnings after the market close on Thursday, November 12, 2009. Analysts, on average, currently expect the company to report a loss of 11 cents a share on revenue of $1.01 billion.[More...]
Analysts were expecting Coinstar Inc. (CSTR) [Chart - News - Analysis] to report earnings of $0.25 for last quarter, but CSTR beat expectations with actual earnings of $0.31---6 cents above the consensus estimate. CSTR also issued earnings guidance for next quarter that is in line with current analyst expectations.
If you compare last quarter's earnings to the $0.20 the company made per share during the same quarter a year ago, you can see that CSTR’s earnings are up this year.
{loadposition link_newslink1}
{loadposition livevideopromo}
{loadposition homeaccordion2}
{loadposition contentad}
Also, if you compare CSTR's 27.43% projected earnings-per-share (EPS) growth rate for the next five years with the projected EPS growth rate of 7.50% for the Business Equipment industry as a whole during that same time frame, you can see that analysts expect CSTR to outperform the industry in the future---which is a good sign for the stock.
Drilling down a little deeper into the Business Equipment industry, you can see how analysts believe CSTR will stack up against some of the other stocks in the industry, like Steelcase Inc. (SCS) [Chart - News - Analysis] and Diebold Inc. (DBD) [Chart - News - Analysis], in the future. Analysts believe SCS's earnings are going to grow at a rate of 11.00% while DBD's earnings are going to grow at a rate of 15.00%.
Earnings season can be a volatile time in the stock market. Check out these videos and articles to be better prepared to take advantage of the large price moves that tend to accompany earnings announcements.
BloggingStocks: It's official: the holiday season is here, marking the beginning of the race to the end of the year. It's also time for another FOMC interest rate decision, as well as for another look at the employment situation, perhaps the most dreaded measure of ... Read more