Here is a synopsis of why JRCC and SCMR have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:
James River Coal Company (JRCC<
/a>) posted a third -quarter profit of 33 cents per share
in November while analysts projected a profit of 58 cents.
The Zacks Consensus Estimate for the 2010 is pegged at a
profit of $2.24 per share, a decline of 2 cents in the
last 30 days. The past month has seen downward revision by
one analyst out of 8, bringing the average forecast for
2011 down 12 cents to $2.12 per share.
Sycamore Networks, Inc. (SCMR<
/a>) announced a first-quarter loss of 22 cents per share
on December 1, which was 7 cents worse than analysts?
estimates. Quarterly revenue slumped 25% to $11.7 million.
The Zacks Consensus Estimate for the full year decreased
44 cents to a loss of 63 cents per share over the past
couple of months as covering analysts reduced
expectations.
Here is a synopsis of why TIVO and LYV have a Zacks Rank
of 4 (Sell) and should also most likely be sold or avoided
for the next one to three months. Note that a #4 Sell
rating is applied to 15% of all the stocks ranked by
Zacks;
TiVo Inc. (TIVO<
/a>)reported third-quarter loss per share of 18 cents on
November 23, which came in a penny less than the Zacks
Consensus Estimate. The full-year average forecast dipped
12 cents to a loss of 72 cents per share in the last 60
days as the covering analysts lowered expectations.
Estimates for 2012 dropped 28 cents to a loss of 72 cents
per share in the same time span.
Live Nation Entertainment, Inc.?s (KLYV
a>) third-quarter earnings of 33 cents per share,
announced on November 4, lagged the Zacks Consensus
Estimate by 3 cents. The average forecast for 2010
decreased 3 cents to a loss of 68 cents per share in the
last 90 days. During that time period, the following
year?s estimate moved down 5 cents to 2 cents per share.
JAMES RIVER CL (JRCC): Free Stock Analysis Report
LIVE NATION ENT (LYV): Free Stock Analysis Report
SYCAMORE NTWKS (SCMR): Free Stock Analysis Report
TIVO INC (TIVO): Free Stock Analysis Report
Zacks Investment Research
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