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Daytrading, Eminis, Forex trading, Swing Trading MOMENTUM - 493284

Daytrading, Eminis, Forex trading, Swing Trading MOMENTUM - 493284
Sammy King  |  by www.tradingmarkets.com. All rights reserved. 7.12 | 19:10

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(RTTNews) - Wednesday after the bell, NCI Building Systems Inc. ( | | | ) reported fourth quarter net income of $28.0 million or $1.

33 per share compared to $19.8 million or $0.96 per share in the same quarter last year.

Excluding the impact of the company's 2.125% Convertible Senior Subordinated Notes, the net income per share was $1.41 compared to $0.

83 in the year-ago quarter. Analysts estimated earnings of $1.34 per share.

Sales increased 46% to a record $498.5 million for the fourth quarter from $341.5 million for the fourth quarter of fiscal 2005.

Analysts expected revenues of $503.5 million. NCI Building Systems gapped down sharply Thursday and has since fallen further.

The stock is down 3.24 at $53.78, with volume picking up.

The stock has fallen to over a 3-month low.

Read more on by www.tradingmarkets.com. All rights reserved.
Keywords: Building Systems
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