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TMCNet:  Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago DIRECTV Is Down 2.0% (DTV)

[November 26, 2012]

Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago DIRECTV Is Down 2.0% (DTV)

Nov 26, 2012 (SmarTrend(R) News Watch via COMTEX) -- When DIRECTV (NASDAQ:DTV) reported earnings 20 days ago on November 6th, 2012, analysts, on average, expected the company to report earnings of $0.92 on sales of $7.4 billion. DIRECTV actually reported earnings of $0.90 per share on sales of $7.4 billion, missing EPS estimates by $0.02 and beating revenue estimates by $16.5 million. Shares of DIRECTV have slipped from $50.51 to $49.49, representing a loss of 2.0%, since the company reported earnings 20 days ago.

In the past 52 weeks, shares of DIRECTV have traded between a low of $39.82 and a high of $55.17 and are now at $49.49, which is 24% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of DIRECTV on October 9th, 2012 by issuing a Downtrend alert when the shares were trading at $51.51. Since that call, shares of DIRECTV have fallen 3.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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