Notable 52-Week Highs and Lows of the Day 07/16: (MSFT) (GM) (SOL) High; (LQDT) Low
Microsoft Corp. (Nasdaq: MSFT) $36.43. Microsoft up another modest amount today as sentiment keeps hitting the stock. The company will report fourth-quarter 2013 results on Thursday, with the Street looking for EPS of $0.75 and revs of $20.8 billion. EPS in the same period last year was $0.73.
General Motors Company (NYSE: GM) $36.95. GM getting a boost today as Goldman Sachs added the stock to its Conviction Buy List. Despite an early move higher, some investors are taking profit on the recent run. For more on the Goldman call, click here.
ReneSola Ltd. (NYSE: SOL) $3.64. ReneSola up markedly today after it boosted second-quarter 2013 expectations, while also boosting FY13 module and wafer shipment expectations. For more color on the outlook, click here.
Johnson & Johnson (NYSE: JNJ) $91.66. J&J moving to a new high early Tuesday after topping Q2 EPS views by 9 cents, while also boosting FY13 EPS expectations. For more on the quarterly results, click here. Liquidity Services, Inc. (Nasdaq: LQDT) $27.64. Liquidity Services cut Q3 expectations. The company expects to report Gross Merchandise Volume (GMV) of $228 million to $231 million, which is lower than the Company’s previous expectations of $250 million to $275 million. Adjusted EBITDA, which excludes stock based compensation and acquisition costs, is expected to be $26 million to $27 million compared to the Company’s previous expectations of $29 million to $32 million. The Company also expects adjusted diluted earnings per share of $0.43 to $0.45 compared to previous expectations of $0.49 to $0.54. The Street sees Q3 revs of $128.99 million and EPS of $