• 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 = 429794 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 >= 1414080954 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 >= 1414080954 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago Texas Industries Is Up 5.6% (TXI)

Published on Sat, 01/26/2013 - 09:08
By Robert Cotter

When Texas Industries (NYSE:TXI) reported earnings two weeks ago on January 9th, 2013, analysts, on average, expected the company to report a loss of $0.31 on sales of $166.0 million. Texas Industries actually reported a loss of $0.36 per share on sales of $167.7 million, missing EPS estimates by $0.05 and beating revenue estimates by $1.7 million. Shares of Texas Industries have climbed from $55.97 to $59.12, representing a gain of 5.6% since the company reported earnings 17 days ago.

Texas Industries (NYSE:TXI) is currently priced 12.9% above its average consensus analyst price target of $51.50. The stock should discover initial support at its 50-day moving average (MA) of $50.71 and subsequent support at its 200-day MA of $41.82.

Texas Industries share prices have moved between a 52-week high of $59.21 and a 52-week low of $30.10 and closed Thursday at 96% above that low price at $59.12 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.2% while the 200-day MA has risen 1.2%.

Texas Industries, Inc. and its subsidiaries supply construction materials such as cement, aggregate, and concrete products. The Company's customers include the construction, original equipment manufacturers, tool, and country goods markets.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Bullish Moving Average Cross by Group 1 ...

Today, shares of Group 1 Automotive (NYSE:GPI) have advanced above their 10-day MA of $ ...

Buyers Accumulate Shares of Entercom Com...

Entercom Communications (NYSE:ETM) is one of today's biggest movers, up 2.3% to $8.99. ...

Theravance Bullish Moving Average Crosso...

Theravance (NASDAQ:THRX) crossed over its 10-day moving average of $17.19 on a volume o ...

Watsco Makes a Move: Up 2.3%...

Watsco (NYSE:WSO) is a company whose shares are active, trading 2.3% higher to $93.81. ...

Bullish Moving Average Cross by Life Tim...

Today, shares of Life Time Fitness (NYSE:LTM) have crossed bullishly above their 10-day ...

Rowan Makes a Move: Up 2.3%...

Rowan (NYSE:RDC) is one of today's biggest movers, up 2.3% to $23.74. The Dow is up 1. ...

Sapient Bullish Moving Average Crossover...

Sapient (NASDAQ:SAPE) shares have crossed bullishly above their 10-day moving average o ...

Shares of Sohu.com Receive a Boost, Up 2...

Up 2.3% to $43.84, Sohu.com (NASDAQ:SOHU), is one of today's notable movers. The Dow J ...