Posted on 02/03/2011 12:58:45 PM PST by Slyscribe
Travelzoo (TZOO) earned 23 cents a share ex items, beating analysts' official forecasts by 3 cents, or 15%. But the online travel site had crushed EPS forecasts by 100%, 81.8% and 114.3% in the prior 3 quarters. Revenue grew 20%, merely matching Wall Street views.
Shares plunged 17% in late afternoon trading, moving just below its 50-day moving average for the first time since late Aug.
(Excerpt) Read more at blogs.investors.com ...
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