EdgeWater 11/19/2010 12:06:16 AM
News / Business

Top US Stocks Alert (RSCR, DISH, CAR)

Top US Stocks Alert

Res-Care, Inc. (NASDAQ:RSCR) fell 0.73% to $13.22. This month, the company said that it turned to a loss in its third quarter from a profit last year, reflecting one-time goodwill charges. Net loss attributable to common shareholders was $41.9 million or $1.45 per share compared with net income of $10.0 million or $0.35 per share a year ago.

Excluding special items, adjusted income was $8.1 million or $0.28 per share for the current quarter.

On average, 6 analysts polled by Thomson Reuters expected earnings of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues of the company were $403.7 million, up 2% from $395.8 million last year. Wall Street analysts expected revenues of $403.63 million for the quarter.

DISH Network Corp. (NASDAQ:DISH) jumped 0.89% to $19.25. This month, the company said that its net profit in the quarter was $245 million, or 55 cents per share, up from $81 million, or 18 cents per share, a year earlier. Analysts were looking for 42 cents a share.

Revenue rose 10 percent to $3.21 billion, compared with analysts' expectations of $3.15 billion.

Over the past 52-week, the stock had traded within the range of $17.32-$24.16.

Avis Budget Group Inc. (NYSE:CAR) went down 0.74% and closed at $13.33. This month, the company posted a higher third-quarter profit as a recovering economy boosted travel demand, and said it expects volume increases to continue through the rest of the year.

For the third quarter, Avis' net income rose to $90 million, or 73 cents a share, from $57 million, or 54 cents a share, a year ago. Revenue rose 3 percent to $1.51 billion.

Analysts on average had expected earnings of 76 cents a share, on revenue of $1.51 billion, according to Thomson Reuters.   

The stock went up more than 1% year-to-date.

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