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Market Overview

Benzinga’s Top Pre-Market Losers (CMCSA, WU, CHRW, QSFT, VRSN, CTRP)

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Comcast Corporation (NASDAQ: CMCSA) decreased 0.25% to $16.25 in the pre-market session. Comcast Corporation reported today that it earned $955 million, or $0.33 per share, in the fourth quarter as compared to $412 million, or $0.14 per share, for the same quarter last year. Revenue was $8.8 billion as compared to $9.1 billion in the year ago period. Analysts on an average expected CMCSA to report earnings per share of $0.27. The 52-week trading range for CMCSA is $11.10 - $17.88. In the last six months, CMCSA has gained over 9%.

The Western Union Company (NYSE: WU) decreased 7.96% to $17.35 in the pre-market session. The Western Union Company reported today a fourth-quarter earnings of $223.7 million, or $0.32 per share, from $239.6 million, or $0.34 per share, for the same quarter last year. Revenue increased to $1.31 billion from $1.29 billion in the year ago period. The 52-week trading range for WU is $10.05 - $20.64. The Western Union has gained over 7% in the last six months.

C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) tumbled 8.74% to $52.40 in the pre-market session. C.H. Robinson Worldwide reported yesterday a fourth-quarter profit of $87.7 million, or $0.52 per share, as compared to $88.8 million, or $0.52 per share, for the same quarter last year. Revenue for the fourth quarter was $2.01 billion as compared to $1.96 billion in the year ago period. CHRW closed at $57.42 in the last trading session. The 52-week trading range for CHRW is $37.36 -$61.69.

Quest Software, Inc. (NASDAQ: QSFT) plunged 8.41% to $15.90 in the pre-market session after Quest Software reported yesterday a fourth quarter revenues of $194.5 million from $201.6 million for the same quarter last year. Analysts had expected QSFT to report revenue of $187.97 million for the fourth quarter. The 52-week trading range for QSFT is $10.41 - $18.82. Quest Software climbed over 39% in the last year.

Verisign, Inc. (NASDAQ: VRSN) plunged 6.96% to $21.79 after Verisign reported yesterday a fourth-quarter net income of $92 million, or $0.48 per share, from a loss of $95.9 million, or $0.50 per share for the same quarter last year. Verisign closed at $23.42 in the last trading session. In the last six months, Verisign has surged over 14%.

Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) plummeted 8.58% to $30.38 in the pre-market session. The 52-week trading range for Ctrip.com International is $9.19 - $72.66. Ctrip.com International has gained over 29% in the last six months. CTRP closed at $33.23 in the last trading session.

 

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Posted-In: Pre-Market Outlook Trading Ideas