StockCall Early Morning Insight into Urban Outfitters, Dick's Sporting Goods,
Excel Maritime Carriers, and Eagle Bulk Shipping
LONDON, March 12, 2013
LONDON, March 12, 2013 /PRNewswire/ --
On Monday, all three benchmark indexes finished in green territory despite
struggling for direction for most of the day. Stocks had slipped earlier in
the day as weak economic data from China and Italy's credit rating downgrade
weighed on sentiment. However, all three indexes rebounded in late trading to
finish the day higher. Urban Outfitters Inc. (NASDAQ: URBN), and Dick's
Sporting Goods Inc. (NYSE: DKS) are among the companies that reported
quarterly results on Monday. Shipping companies Excel Maritime Carriers Ltd.
(NYSE: EXM), and Eagle Bulk Shipping Inc. (NASDAQ: EGLE) are also expected to
release their quarterly results today. StockCall has issued technical analysis
and charting reports on URBN, DKS, EXM, and EGLE. Download these free reports
Urban Outfitters Inc. reported its quarterly results after market close on
Monday. Although the company's fourth quarter profit doubled, shares slipped
more than 2% in afterhours trading on Monday. For the fourth quarter ended
January 31, 2013, the apparels company reported net income of $83 million, or
$0.56 per share. For the full fiscal year, the company posted net income of
$237 million, or $1.62 per share. Net sales for the quarter rose to a record
$857 million. Comparable retail segment net sales rose 11%. Despite the strong
results, shares of the Apparel Stores company fell 2.29% to $40.55 in
afterhours trading. Earlier in regular trading, the stock had closed 0.46%
higher at $41.50 on above average volume of 2.82 million. Urban Outfitters
shares have had a decent run so far this year, gaining more than 8.50%.
Download the free research on URBN today by registering at
Shares of Dick's Sporting Goods Inc. tumbled in regular trading on Monday
after the company posted disappointing results for the fourth quarter ended
February 2, 2013. The company's consolidated net income for the fourth quarter
was $129.7 million, or $1.03 per share, which is at the lower end of the
guidance provided by the company in November of last year. For the quarter,
net sales were $1.8 billion, up 12% over the same period in the previous year.
Consolidated same-store sales rose 1.2% in the quarter. Dick's Sporting Goods
shares fell 10.85% to $45.11 in regular trading. The stock has given up almost
all of its gains for the year as a result of the sharp decline yesterday. The
stock also fell below its 50-day and 200-day moving averages at the beginning
of the week, which is a bearish signal. The bearish trend is further confirmed
by the MACD chart. Sign up and have access to our free report on DKS at
Shares of Excel Maritime Carriers Ltd. rallied in Monday's trading session.
The stock closed 9.85% higher at $0.714 on above average volume of 2.42
million. Year-to-date, the stock has gained more than 70%. The shipping
company is expected to report its quarterly results today. Sign up and read
the complimentary report on EXM at
Shares of Eagle Bulk Shipping Inc. edged lower in Monday's trading session.
The stock closed 0.83% lower at $2.38 on above average volume of 505,080.
Year-to-date, this shipping company's shares have gained more than 57%. Eagle
Bulk is scheduled to release its quarterly results today. The free report on
EGLE can be downloaded by signing up now at
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