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Dreamworks (DWA) Q3 earnings beat estimates |
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| Oct 28, 2009 06:10 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Major movement, Earnings reports, Good news, Options, Technical Analysis  Dreamworks Animation (NYSE: DWA - option chain) shares are rising today after the company reported a third-quarter profit of $19.61 million, or 23 cents per share, on revenue of $135.45 million, topping analysts' forecasts of 16 cents per share on revenue of $129.34 million. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on DWA.DWA opened this morning at $33.46. So far today the stock has hit a low of $32.71 and a high of $33.78. As of 11:45, DWA is trading at $33.15 up $1.17 (3.7%). The chart for DWA looks bullish and S&P gives DWA a positive 4 STARS (out of 5) buy ranking. Continue reading Dreamworks (DWA) Q3 earnings beat estimates Dreamworks (DWA) Q3 earnings beat estimates originally appeared on BloggingStocks on Wed, 28 Oct 2009 13:10:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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