Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Scientific Games Is Down 6.7% (SGMS)
Two weeks ago on November 6th, 2012 Scientific Games (NASDAQ:SGMS) reported earnings and analysts, on average, expected earnings of $0.07 on sales of $233.2 million. The company actually reported a loss of $0.15 per share on sales of $227.5 million, missing EPS estimates by $0.22 and missing revenue estimates by $5.7 million. Since the company's report, shares of Scientific Games have fallen from $8.31 to $7.75, representing a loss of 6.7% in the past 20 days.
In the past 52 weeks, Scientific Games share prices have been bracketed by a low of $5.53 and a high of $13.08 and are now at $7.75, 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.5%.
SmarTrend is tracking the current trend status for Scientific Games and will alert subscribers who have SGMS in their portfolio or watchlist when shares have changed trend direction.
Keywords: earnings flashbacks scientific games
Ticker(s): SGMS