here it is:
Computer Horizons Outlook -2: First Call View 1Q Net 27c/Shr
MOUNTAIN LAKES, N.J. (Dow Jones)--Computer Horizons Corp. (CHRZ) expects to report first quarter earnings that meet or exceed analyst expectations.
A First Call consensus of seven analysts estimates the company earned 27 cents a share in the first quarter ended March 31.
In a press release Monday, the company said it is unaware of any reason that would cause the recent drop in its stock price and added that it expects its business to remain strong for the rest of 1998.
Nasdaq-traded shares of Computer Horizon recently traded off $1.4375, or 2.9%, at $47.5625 on volume of 738,800 shares. Average daily volume is 342,186 shares.
For its year-ago first quarter ended March 31, 1997, Computer Horizons reported net income of $4.1 million, or 24 cents a share, on revenue of $69.7 million.
"Dow Jones News Service"
"Copyright(c) 1998, Dow Jones & Company, Inc."
Computer Horizons Expects Record Revenues and Earnings for First Quarter
MOUNTAIN LAKES, N.J.--In response to recent inquiries, Computer Horizons Corp. (NASDAQ: CHRZ) Chairman John Cassese stated that the company expects that its earnings report, due on April 21, should meet or exceed analyst expectations and that he is unaware of any reason involving the company that would cause the recent drop in the company's stock price. Cassese further stated that he expects Computer Horizons' business to remain strong for the remainder of 1998.
CONTACT: David Reingold
Computer Horizons Corp.
973-402-7400
800-321-2421
or
Michele Macauley
Ruder Finn
212-715-1675 |
