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Solera Holdings Set New High For Year Wednesday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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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 gapped up sharply Wednesday and climbed in early trade, before settling into a range. The stock finished up by $3.54 at $35.78 and rose past the upper end of a one-month range, to set a new high for the year.

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