Morning Big Movers (Compellent Technologies, Oceaneering International)

Compellent Technologies, Inc. (NYSE:CML) soared 23% to $24.20 after climbing to its 52-week high of $25.25. Late Tuesday the company said that its profit jumped 47% to $3.3 million, or 10 cents a share in its third-quarter. On an adjusted basis, the company earned 15 cents a share, topping analysts estimates of 4 cents  a share. For the currnet quarter, the company expects adjusted earnings of 9-11 cents a share and revenue of $44-$46 million, ahead of analysts estimates of 7 cents a share on revenue of $42.2 million. Oceaneering International (NYSE:OII) rose 12% to $60.814 on higher than the average volume after the company reported stronger than estimated quarterly profit. It earned $49.8 million, or 90 cents a share on revenue of $516.3 million, ahead of analysts estimates of 94 cents a share on revenue of $470 million. For the fourth quarter, the recompany projects to have 80-85 cents a share in earnings It expects full-year earnings at $3.57-$3.62 a share, up from $3.20-$3.40 a share. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
tdp2664
Epic Stock Picks