Solera Holdings Inc. Has Risen To A New High On Q1 News

Solera Holdings Inc. (SLH) reported first quarter EPS of $0.50 after the bell Tuesday, which came in above the consensus estimate of $0.43. The company also increased its full year 2010 EPS forecast to between $1.89 and $1.97, from prior expectations of $1.76 to $1.83.

Solera Holdings Inc. gapped up sharply Wednesday and has risen further in early trade. The stock is now up 3.18 at $35.42 and has broken out of a one-month range, to set a new high for the year.

by RTTNews Staff Writer

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