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Big Movers: GTT Communications, Inc. (NYSEMKT:GTT), Hertz Global Holdings, Inc. (NYSE:HTZ), Summer Infant, Inc. (NASDAQ:SUMR), Public Storage (NYSE:PSA), Elbit Systems Ltd. (NASDAQ:ESLT)

Big Movers: GTT Communications, Inc. (NYSEMKT:GTT), Hertz Global Holdings, Inc. (NYSE:HTZ), Summer Infant, Inc. (NASDAQ:SUMR), Public Storage (NYSE:PSA), Elbit Systems Ltd. (NASDAQ:ESLT)
Written by
Charles Donlon
Published on
November 12, 2014
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GTT Communications Inc. (NYSEMKT:GTT) on Tuesday reported a loss of $6.6 million in its third quarter. On a per-share basis, the McLean, Virginia-based company said it had a loss of 23 cents. Losses, adjusted for restructuring costs and to extinguish debt, were roughly breakeven on a per-share basis. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. The telecommunications services provider posted revenue of $49.2 million in the period, surpassing Street forecasts. Analysts expected $48.7 million, according to Zacks. GTT Communications, Inc. (NYSEMKT:GTT) belongs to Technology sector. Its net profit margin is -8.90% and weekly performance is -3.29%. On last trading day company shares ended up $12.95. GTT Communications, Inc. (NYSEMKT:GTT) distance from 50-day simple moving average (SMA50) is 4.45%. Hertz Global Holdings Inc. (NYSE:HTZ) has delayed the filing of its quarterly report. Following the announcement, the stock fell 1.41% to $21.70 in after-hours yesterday. In a 12-b-25 form filed with the SEC, the global car rental company said it will be unable to file its third-quarterly report with the SEC for the period ended September 30, 2014. It ascribed the delay to the ongoing strenuous and in-depth review of its internal financial statements over accounting errors. Hertz Global Holdings, Inc. (NYSE:HTZ) shares moved up 1.77% in last trading session and ended the day at $22.40. HTZ Gross Margin is 46.90% and its return on assets is 2.80%. Hertz Global Holdings, Inc. (NYSE:HTZ) quarterly performance is -22.68%. Summer Infant, Inc. (NASDAQ:SUMR) on Nov. 6 announced that William E. Mote, Jr. has been appointed as the Company’s new Chief Financial Officer effective November 10, and that Annamaria Dooley has been appointed as Senior Vice President of Product Development effective immediately. Mote will replace Paul Francese, who will be leaving the Company after a transition period. On 11 November, Summer Infant, Inc. (NASDAQ:SUMR) shares moved up 46.11% and was closed at $2.63. SUMR EPS growth in last 5 year was -20.80%. Summer Infant, Inc. (NASDAQ:SUMR) year to date (YTD) performance is 45.30%. Public Storage (NYSE:PSA) last released its earnings data on Thursday, October 30th. The company reported $2.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.05 by $0.03. The company had revenue of $475.00 million for the quarter, compared to the consensus estimate of $517.90 million. Analysts expect that Public Storage will post $8.01 EPS for the current fiscal year. Public Storage (NYSE:PSA) ended the last trading day at $187.35. Company weekly volatility is calculated as 1.01% and price to cash ratio as 329.21. Public Storage (NYSE:PSA) showed a weekly performance of 0.38%. Elbit Systems Ltd. (NASDAQ:ESLT) will produce helmets for the pilots. Susan Ouzts, vice-president of international programs at Lockheed, put the value of Israel's contribution to the F-35 project at $4 billion. Elbit Systems Ltd. (NASDAQ:ESLT) shares moved up 1.31% in last trading session and ended the day at $58.95. ESLT Gross Margin is 28.10% and its return on assets is 4.60%. Elbit Systems Ltd. (NASDAQ:ESLT) quarterly performance is -3.36%.

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