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Since Reporting Quarterly Results 44 Days Ago Aspen Insurance Is Down 12.79%

 

Monday, Jun 14,2010, 12:47:47 PM   Click:

When Aspen Insurance (NYSE:AHL) reported earnings 44 days ago on April 28, 2010, analysts, on average, expected the company to report earnings of $0.06 on sales of $520 million.

The company actually reported EPS of $0.01 on sales of $538 million, missing EPS estimates by $0.05 and beating revenues estimates by $18 million.

Since the company's report, share of Aspen Insurance have fallen from $28.31 to $24.69, representing a loss of 12.79% in the past 44 days.

SmarTrend is bearish on shares of Aspen Insurance and our subscribers were alerted to Sell on April 30, 2010 at $27.30. The stock has fallen 9.6% since the alert was issued.

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