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Analysts Boost View For Kronos' Q2 Profit.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Katharine Stalter
Kronos broke out in late January. It moved up in heavy volume for three sessions, and has traded mainly sideways since. The stock is now in new high ground.
The breakout followed Kronos' report of fourth-quarter results. The company, which sells products and services to help business customers manage and track their workforce, said earnings per share had increased 43% to 33 cents.
Analysts raised their views for next quarter twice since December. They now expect the firm to earn 37 cents per share, a 23% rise, First Call says. The number of mutual funds holding shares in ...
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