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Stock impact report

Why VeriSign (VRSN) Dipped More Than Broader Market Today [Yahoo! Finance]

VeriSign, Inc. (VRSN) 
Last verisign, inc. earnings: 4/23 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisign.com
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.54%. The internet infrastructure services provider's shares have seen a decrease of 1.3% over the last month, not keeping up with the Computer and Technology sector's gain of 2.36% and the S&P 500's gain of 3.18%. The investment community will be closely monitoring the performance of VeriSign in its forthcoming earnings report. In that report, analysts expect VeriSign to post earnings of $1.84 per share. This would mark year-over-year growth of 8.24%. Meanwhile, our latest consensus estimate is calling for revenue of $388 million, up 6.48% from the prior-year quarter. Any recent changes to analyst estimates for VeriSign should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity Show less Read more
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