Fuel Systems Solutions (FSYS) Soars On Earnings

Posted by | # |
10:36:30 am on August 8, 2008

Fuels Systems Solutions (FSYS) crushed analyst estimates and reported an EPS of .54/share (double analyst estimates) on revenues of 98.3 million.  EPS increased 18 fold over the year ago quarter while revenues increased 50% in the same time period.  The company raised 08 revenue guidance 9% and increased margin forecasts and the stock is soaring as a result up more than 20% and breaking to new all time highs.  Mighty be big risk up here though..

Tags: , ,
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.


No comments yet.

Leave a comment