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Coinstar Inc. (CSTR) Is Up Sharply On Guidance News

Coinstar Inc. (CSTR) announced after the close Thursday that it now expects to report first quarter core earnings from continuing operations of $1.36 to $1.40 per share and between $4.40 and $4.80 for the full year 2012. The consensus estimates are for EPS of $0.90 and $4.09. The stock is now up 8.99 on 74K shares.

Coinstar gapped open lower Thursday, but traded in a range for the majority of the session. The stock closed down by 1.84 at $61.31 and set a 2 1/2 week low.

by RTT Staff Writer

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