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Thursday, July 19, 2012

Closing Bell Earnings: E TRADE Financial & Align Technology (ETFC, ALGN)


E TRADE Financial Corporation(NASDAQ:ETFC) is all set to report  its second quarter earnings today after the bell with analysts are estimating the firm to post lower profit as well as revenue. Average analysts are estimating the firm to post profit of 11 cents a share, down from a year ago profit of 16 cents a share. Highest estimates call for 13 cents a share, while lowest estimates call for 7 cents a share. Revenue is also projected to fall by 11.60% year over year to $457.42 million, from a year ago revenue of $517.62 million.

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Shares of ETFC have lost over 21% since it reported its first quarter earnings three months ago. So far this year, the stock is down over 2%. Now, shares of ETFC are down 1.67% to $7.80. Following are the brief overview of the company’s past reported EPS and estimate by analysts:-



Align Technology, Inc.(NASDAQ:ALGN) is all to report its second quarter earnings today after the bell with analysts are targeting the company to post higher profit and revenue. Average analysts are estimating the firm to post profit of 28 cents a share, up from a year ago profit of 20 cents a share. Highest estimates call for 29 cents a share, while lowest estimates call for 27 cents a share. Revenue is also projected to jump by 19.10% year over year to $143 million, from a year ago revenue of $120.09 million.

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Shares of ALGN  have jumped over 13% since it reported its first quarter earnings three months ago. So far this year, the stock is up over 34%. Now, shares of ALGN are up 2.69% to $31.69. Following are the brief overview of the company’s past reported EPS and estimate by analysts:-


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