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Coinstar Inc. (CSTR) Set Over A 6-Month High After Q4 Report

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Coinstar Inc. (CSTR: Quote) reported fourth quarter income from continuing operations of $1.00 per share after the bell Monday, compared to $0.68 per share in the previous year. The consensus estimate was for EPS of $0.64. The company expects to report first quarter core EPS of $0.76 to $0.91 and between $3.80 and $4.30 for the full year 2012. The consensus estimates are for EPS of $0.86 and $3.86.

Coinstar gapped open sharply higher Tuesday, but traded in a range for the majority of the session. The stock ended the day higher by 6.97 at $57.53 on the highest volume of the year. Coinstar has been climbing for the past month and set over a 6-month high.

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by RTT Staff Writer

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