Diamonds and Dogs
10/29/13
Dice Holdings Inc. (DHX)Dice Holdings isn't rolling high number today, down 13.72% at $7.52. The career website and career fair company saw its shares fall after missing on earnings and lowering guidance. Dice reported a third quarter earnings of $0.12 per share, $0.01 worse than the analyst estimates of $0.13. Revenues rose 9.6% to $52.6 million slightly lower than Wall Street's view of $52.9 million. Furthermore, the company issued downside guidance for the fourth quarter. Dice Holdings now sees revenue of $52.9 million vs. the $54.20 million estimate. Dice Holdings set a new 52-week low of $7.17 intraday.
Nutrisystem Inc. (NTRI)
Nutrisystem gained a ton today, up 20.71% at $18.13. The weight management company saw its shares climb higher after better than expected earnings and increased guidance. Nutrisystem announced an EPS of $0.15 on revenue of $85.4 million versus analyst estimates of $0.13 and $81.3 million. Management now sees fourth-quarter EPS in the range of a $0.02 loss to a $0.02 profit with year-over-year revenue in the mid-single digits. The better earnings and guidance sent shares of Nutrisystem to a new 52-week high of $18.24.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.