AOL Crushes Revenue Estimates and 3 Hot Stocks Turning Heads
AOL (NYSE:AOL) reports third quarter EPS of $0.22 and revenue of $531.7 million which beat by $0.05 and $10 million respectively.
Computer Sciences (NYSE:CSC) reports an EPS of $0.83 during its second quarter which beats by $0.36. Revenue falls 3% year-on-year to $3.85 billion, short of expectations by $30 million. Free cash flow is $237 million and up $505 million compared to the same period last year. Operating margins improved across all three lines of businesses compared to the previous year, leading the company to improve its EPS guidance for 2013 to $2.30-$2.50.
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Amazon Prime (NASDAQ:AMZN) tests a $7.99 per month Prime membership as an alternative to its annual $79 plan, making it easier for subscribers reluctant to shell out the high upfront. Amazon is also able to compete better with Hulu and Netflix (NASDAQ:NFLX) who have similar $7.99 pricing.
Marsh & McLennan (NYSE:MMC), one of the world’s largest professional services and insurance brokerage firms, reports third quarter EPS of $0.39 which beats by $0.01 and revenue of $2.8 billion which misses estimates by $120 million.
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