• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 502142 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1416761616 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1416761616 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

athenahealth Earnings Hindsight: Down 8.8% in Last 16 Days (ATHN)

Published on Sat, 05/18/2013 - 09:14
By Peter Chu

Two weeks ago on May 2nd, 2013 athenahealth (NASDAQ:ATHN) reported earnings and analysts, on average, expected earnings of $0.23 on sales of $121.3 million. The company actually reported EPS of $0.38 on sales of $125.6 million, beating EPS estimates by $0.15 and beating revenue estimates by $4.3 million. Shares of athenahealth have slipped from $95.15 to $86.73, representing a loss of 8.8%, since the company reported earnings 16 days ago.

athenahealth Inc. provides Internet-based business services for physician practices. The Company's services include a revenue cycle management service that automates and manages billing-related functions for physician practices and includes a practice management platform.

Over the past year, athenahealth has traded in a range of $56.33 to $99.79 and closed Thursday at $86.73, 54% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.2%.

athenahealth (NASDAQ:ATHN) has potential upside of 6.4% based on a current price of $86.73 and analysts' consensus price target of $92.25. The stock should find resistance at its 50-day moving average (MA) of $92.94, as well as support at its 200-day MA of $84.61.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Post Earnings Update: International Pape...

When International Paper (NYSE:IP) reported earnings two weeks ago on November 4th, 201 ...

Protective Life Earnings Review: 19 Days...

Two weeks ago on November 3rd, 2014 Protective Life (NYSE:PL) reported earnings and ana ...

Earnings Look Back: Estee Lauder Is Up 1...

18 days ago, on November 4th, 2014, Estee Lauder (NYSE:EL) reported its earnings. Anal ...

Delek US Holdings Earnings Review: 17 Da...

When Delek US Holdings (NYSE:DK) reported earnings two weeks ago on November 5th, 2014, ...

Earnings Look Back: Stifel Financial Is ...

When Stifel Financial (NYSE:SF) reported earnings two weeks ago on November 6th, 2014, ...

Post Earnings Update: Dean Foods Has Cli...

A week ago on November 10th, 2014 Dean Foods (NYSE:DF) reported earnings and analysts, ...

Earnings Look Back: CF Industries Is Up ...

When CF Industries (NYSE:CF) reported earnings two weeks ago on November 5th, 2014, ana ...

Spectra Energy Earnings Hindsight: Up 0....

When Spectra Energy (NYSE:SE) reported earnings 17 days ago on November 5th, 2014, anal ...