VANCOUVER, British Columbia, Aug. 17, 2012 /PRNewswire-Asia/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Cisco (NASDAQ:CSCO), Sprint Nextel (NYSE:S), Electronic Arts (NASDAQ:EA), AT&T (NYSE:T), SINA (NASDAQ:SINA), and Applied Materials (NASDAQ:AMAT).
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Cisco Systems, Inc. (NASDAQ:CSCO): For fourth quarter of fiscal 2012, networking equipment maker Cisco Systems, Inc. (NASDAQ:CSCO) reported net income on a GAAP basis of US$1.9 billion, an increase of 56% year-over-year. Earnings were US$0.36 per share for fourth fiscal quarter, an increase of 64% year-over-year. On a non-GAAP basis, Cisco showed net income of US$2.5 billion (or US$0.47 per share) for the latest quarter, compared with net income of US$2.2 billion (or US$0.40 per share) a year ago. Shares of Cisco soared 9.63% higher, moving up US$1.67 to US$19.02 per share. There were 152.13 million stock shares traded, which was 3.6 times more than average volume. Observing comprehensive analysis of Cisco could help investors avoid big lost in investment. Check CSCO earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/081712A/CSCO/Cisco.pdf
Sprint Nextel Corporation (NYSE:S): By the end of Thursday's trading, Sprint Nextel Corporation (NYSE:S) shares slid 4.45% to US$5.15 with significant volume traded. Share prices of Sprint Nextel have traded as high as US$5.49 per share and as low as US$2.10 in the past 52 weeks. Its price, as of the latest close, was up 145% compared with the 52-week low and was 7% below the 52-week high. Sprint Nextel was traded above average volume with 107.59 million shares, 34.93 million shares more than its daily average. Do you think Sprint Nextel will rebound or continue to slump? Do you think now is a good time to sell the stock? Investors could check S earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/081712A/S/SprintNextel.pdf
Electronic Arts Inc. (NASDAQ:EA): Late July, Electronic Arts Inc. (NASDAQ:EA) announced the appointment of Blake Jorgensen as Executive Vice President and Chief Financial Officer. In the last trading session, shares of Electronic Arts Inc. (NASDAQ:EA) rose US$0.72 per share (equivalent to 5.50%) where stock prices went up to US$13.81. This is after the New York Post reported that the videogame maker is exploring a sale as the company struggles to grow its business amid competition from free online gaming sites. Electronic Arts is said to be approached by private equity giants KKR and Providence Equity Partners about a potential deal. Do you think now is a good time to buy or sell Electronic Arts? See EA earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/081712A/EA/ElectronicArts.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. Check out the consensus earnings forecast reports below:
AT&T Inc. (NYSE:T):
Read Full Report: http://www.earningforecast.com/PR/081712A/T/ATT.pdf
SINA Corporation (NASDAQ:SINA):
Read Full Report: http://www.earningforecast.com/PR/081712A/SINA/SINA.pdf
Applied Materials, Inc. (NASDAQ:AMAT):
Read Full Report: http://www.earningforecast.com/PR/081712A/AMAT/AppliedMaterials.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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