Coinstar Plunges Again (CSTR)

Coinstar CSTR, which pre-announced weak revenues and guidance back in January, released its Q4 earnings results after the closing bell on Thursday. The company reported EPS of $0.68 versus $0.32 in the year ago period. This was in line with analysts' estimates. Coinstar (CSTR) reported revenues of $390.8 million, which was a 31% increase over last year's corresponding quarter. Wall Street analysts were projecting that the company would report revenues of $393.31 million. In the after hours trading session, CSTR shares have lost more than 9% and is trading at $40.18.
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Posted In: EarningsNewsIntraday UpdateAfter-Hours CenterMoversConsumer DiscretionarySpecialized Consumer Services
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