Renren (RENN) Trades Higher into Q4 Numbers, Street Sees Lighter Revs
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Renren (NYSE: RENN) showing some strength heading into its quarterly report, scheduled for after the market closes Thursday.
Analysts are currently expecting a fourth-quarter 2011 loss of 1 cent per share on revs of $32.62 million. Last quarter, Renren reported a break-even loss on revs of $34.2 million.
Shares are up 2.1 percent on the session, though volume is a little lighter than average.
Analysts are currently expecting a fourth-quarter 2011 loss of 1 cent per share on revs of $32.62 million. Last quarter, Renren reported a break-even loss on revs of $34.2 million.
Shares are up 2.1 percent on the session, though volume is a little lighter than average.
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