Earnings Look Back: Nuance Communications Is Down 24.0% Since Reporting Quarterly Results 2 Weeks Ago (NUAN)

Feb 25, 2013 (SmarTrend(R) News Watch via COMTEX) -- Two weeks ago on February 7th, 2013 Nuance Communications (NASDAQ:NUAN) reported earnings and analysts, on average, expected earnings of $0.36 on sales of $492.5 million. The company actually reported EPS of $0.35 on sales of $462.3 million, missing EPS estimates by $0.01 and missing revenue estimates by $30.2 million. Shares of Nuance Communications have slipped from $24.55 to $18.66, representing a loss of 24.0%, since the company reported earnings 18 days ago.

In the past 52 weeks, Nuance Communications share prices have been bracketed by a low of $18.19 and a high of $27.37 and are now at $18.66, 3% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Nuance Communications on February 8th, 2013 by issuing a Downtrend alert when the shares were trading at $20.37. Since that call, shares of Nuance Communications have fallen 9.9%. 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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Earnings Look Back: Nuance Communications Is Down 24.0% Since Reporting Quarterly Results 2 Weeks Ago (NUAN)

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