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Comverse Technology Earnings Report Preview For Tuesday's Release $CMVT

Comverse Technology (CMVT) is nearing the of release last fiscal quarter's results before the opening bell on April 03, 2012. We can review how Comverse Technology has executed for investors recently.

Who They Are:. The company was founded in 1984 and is headquartered in New York. Comverse Technology trades an average of 1.5 million shares per day and has a marketcap of $1.4 Billion.

Book Value: $1.77
Float Short: 0.91%

What To Expect:

On average, analysts are expecting a drop of $-0.12 in earnings per share compared to last quarter's results of $0.17. Wall Street is expecting $0.05 per share based on earnings estimates.


Recent Stock and Valuation Performance:

The stock has moved higher in price 7.85% in the last month, with a change from a year ago of -8.52%.
When comparing to the S&P 500, the year to date difference is -10.58%.

Management has provided an improvement of year-over-year revenue. Revenue reported was $1.62 billion for 2011 vs. $1.53 billion for 2010. The bottom line has rising earnings year-over-year of $-132.32 million for 2011 vs. $-272.04 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $-49.92 million for 2011 vs. $-193.10 million for 2010. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
The short interest is relatively low at 0.91%.

Reported earnings per share compared to the mean estimate. Differences are rounded.

StockSaints uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner. Seeking Alpha, Edgar Online, Zacks and Yahoo Finance provides most of the data. StockSaints.com uses the "confirmed" symbols from earnings.com that believed to be of the most interest.

Robert Weinstein Google+

 

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Stock Tickers: Author Disclosure: NA
Comverse Technology, Inc.
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