Earnings Laggards of the Day: BZH, VMW, PKX, SANM, PEBO

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Beazer Homes USA Inc. (NYSE:BZH): The company slid to loss in the first quarter of the year. Beazer Homes reported its quarterly loss at $20.4 million. On per share basis, its loss stood at 84 cents per share.

The company was expected to report its loss at 99 cents per share. Beazer Homes had announced its earnings at 4 cents per share for the corresponding quarter of the last year. The company’s revenue increased 31 percent and stood at $246.9 million. It also lagged behind consensus estimate of $260.5 million in revenue for the quarter. Beazer Homes stock is currently trading at $18.92, up 4.07 percent. It is trading above its 20 days moving average price of $18.86.  The stock oscillated in the range of $18.32 and $19.15 in the current trading session.  Beazer Homes reported its latest EPS at -$6.86. The company commands the market capitalization of $458.85 million and its stock is trading at the beta of 3.45.

VMware Inc. (NYSE:VMW): It is currently trading at $78.78, down 19.87 percent. It is trading in the range of $76.33 and $79.70 in the current trading session.  VMware reported fourth quarter results and failed to miss revenue estimates. The company also announced layoffs. It would be slashing 900 jobs. Its fourth quarter earnings stood at 81cents per share, beating consensus estimate of 78 cents per share in income. Its revenue also increased 22 percent to $1.29 billion. VMware was expected to report its fourth quarter revenue at $1.28 billion. The stock is below than its 20 days moving average price of $79.17 and 50 days moving average price of $83.62. In the past 52 weeks, the stock’s price range has been $76.33 and $80.00. The stock’s beta is 1.49 and its Price Earnings ratio is 45.73. VMware commands market capitalization of $33.71 billion. The company expects its first quarter revenue to be in the range of $1.17 billion and $1.19 billion.

Posco (NYSE:PKX): The company reported lower fourth quarter profits. Posco also provided warning about lower revenue for 2013. The company expects its 213 sales to be at $29.3 billion. Posco’s revenue for the fourth quarter was down 20 percent to 8.07 trillion won. It also lagged behind the consensus estimate of 8.35 trillion won. Posco is currently trading at $82.75, up 0.82 percent from its previous close. The stock is trading below its 20 days moving average price of $82.89 but above 50 days moving average price of $82.56.  Its 52 weeks price range stands at $71.32 and $95.27. The company commands market capitalization of $25.57 billion. Posco also reported that it plans to increase its investment expenditure by 11 percent this year.

Sanmina Corporation (NASDAQ:SANM): The company’s revenue and profit for the first quarter of the year fell short of expectations. Sanmina’s revenue stood at $1.49 billion, lagging behind consensus estimate of $1.53 billion in revenue. The company had reported its revenue at $1.5 billion in revenue for the previous year quarter. Its stock traded in the range of $9.80 and $11.00 in the current trading session and at this point is at $9.81, down 16.43 percent.  The stock’s highest price point of 52 weeks stands at $12.55 while its lowest price point is at $6.62. Sanmina stock is trading at Price Earnings ratio of 4.56 and its beta is 3.16. Sanmina announced its non-GAAP profit per share at 29 cents. It was expected to report its net income at 34 cents per share.

Peoples Bancorp Inc. (NASDAQ:PEBO): the company reported its fourth quarter earnings at 19 cents per share, down from 26 cents per share it had reported a year earlier.  Its total net income for the quarter stood at $1.06 million. Peoples Bancorp stock is trading at $21.80, up 3.22 percent higher than its previous close. It has traded in the range of $21.27 and $21.80 in the current trading session.  It has traded 985 shares so far, in comparison to its daily average trading volume of 18.795K shares. The bank’s full year net income was reported at $4.78 million. Its stock has traded in the range of $15.44 and $23.93 in the past 52 weeks. The company stock trades at Price Earnings ratio of 11.21 and its beta is at 1.36.



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