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LOSSES PROJECTED FOR SUNRISE SENIOR LIVING FOLLOWING LAST YEAR'S PROFITS (SRZ)
Print Share Mar 29, 2011 (SmarTrend(R) News Watch via COMTEX) -- Sunrise Senior Living (NYSE:SRZ), which was in the black a year ago, is expected to post losses this year according to analyst expectations. Stocks with projected losses need to be watched to see if the dip in earnings will be short-term or ongoing.
In the last fiscal year, the company earned $0.53 per share. Sunrise Senior Living is now estimated to lose $0.37 per share this year, based on 56.5 million shares outstanding. We are watching earnings estimates and results closely for any change in status.
Sunrise Senior Living is currently trading above its 50-day moving average of $9.49 and trading above its 200-day moving average of $5.19.
SmarTrend currently has shares of Sunrise Senior Living in an Uptrend and issued the Uptrend alert on August 05, 2010 at $3.23. The stock has risen 255.5% since the Uptrend alert was issued.
LOSSES PROJECTED FOR SUNRISE SENIOR LIVING FOLLOWING LAST YEAR'S PROFITS (SRZ)
Print Share Mar 29, 2011 (SmarTrend(R) News Watch via COMTEX) -- Sunrise Senior Living (NYSE:SRZ), which was in the black a year ago, is expected to post losses this year according to analyst expectations. Stocks with projected losses need to be watched to see if the dip in earnings will be short-term or ongoing.
In the last fiscal year, the company earned $0.53 per share. Sunrise Senior Living is now estimated to lose $0.37 per share this year, based on 56.5 million shares outstanding. We are watching earnings estimates and results closely for any change in status.
Sunrise Senior Living is currently trading above its 50-day moving average of $9.49 and trading above its 200-day moving average of $5.19.
SmarTrend currently has shares of Sunrise Senior Living in an Uptrend and issued the Uptrend alert on August 05, 2010 at $3.23. The stock has risen 255.5% since the Uptrend alert was issued.