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Coinstar Inc. (CSTR) Is Losing Ground On Weak Q1 Forecast

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Coinstar Inc. (CSTR: Quote) reported fourth quarter core diluted EPS from continuing operations of $0.93 after the bell Thursday, compared with $1.03 last year. The consensus estimate was for EPS of $0.73 The company expects to report first quarter core diluted EPS from continuing operations of $0.77 to $0.92 and between $4.91 and $5.51 for the full year 2013. The consensus estimates are for EPS of $1.21 and $5.15. The stock is now down 3.99 on 524K shares.

Coinstar traded in a range for the majority of Thursday's session and closed up by 0.78 at $52.10. The stock finished near the upper end of a 2-month range.

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by RTT Staff Writer

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