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Life Tech Down on Heavy Volume – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/19454/Life+Tech+Down+on+Heavy+Volume++-+Zacks+Tale+of+the+Tape
 Posted on Thursday, April 23rd, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -


Life Technologies Corp. (LIFE) shares were down almost 2% this afternoon on heavy volume of 4.3 million, against the average of about 2.3 million.

Life Technologies is a Zacks #2 Rank (”Buy”) that beat the consensus in each of the last 4 quarters by an average surprise of 25.27%.

The full-year average earnings estimate has gone up by a penny to $2.51 per share in the last month as 3 out of 13 covering brokerage analysts raised projections.

Brokerage analysts expect next-year’s earnings to grow by 14.34% to $2.87 per share over this year.

“LIFE” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research

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