• 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 >= 1413908913 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 >= 1413908913 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

Buyers Accumulate Shares of Heartland Ex...

Heartland Express (NASDAQ:HTLD) is one of today's notable stocks on the rise, up 2.5% t ...

Deere Crosses Above its 10-day MA (DE)...

Today, shares of Deere (NYSE:DE) have advanced above their 10-day MA of $82.76 on a vol ...

Xerox Makes a Move: Up 2.5%...

Xerox (NYSE:XRX) is one of today's biggest movers, up 2.5% to $13.00. The Dow is up 0. ...

Stryker Bullish Moving Average Crossover...

Today, shares of Stryker (NYSE:SYK) have advanced above their 10-day MA of $81.31 on a ...

Buyers Accumulate Shares of Flamel Techn...

Up 2.5% to $12.99, Flamel Technologies (NASDAQ:FLML), is one of today's notable movers. ...

Freeport-McMoRan Crosses Above its 10-da...

Freeport-McMoRan (NYSE:FCX) shares have crossed bullishly above their 10-day moving ave ...

Armstrong World Industries Makes a Move:...

Armstrong World Industries (NYSE:AWI) is one of today's notable stocks on the rise, up ...

Blackstone Crosses Above its 10-day MA (...

Today, shares of Blackstone (NYSE:BX) have crossed bullishly above their 10-day moving ...