Thursday, August 4, 2011

$VPRT 30.00 Key...Resistance or Support?

July 28 (Reuters) - Vistaprint NV forecast 2012 profit below market expectations citing higher investment expenses, sending the online design company's shares down about 30 percent in after-market trade.
For 2012, the company forecast adjusted earnings of about $1.58-$1.68 a share, below analysts estimates of $2.64 a share, according to Thomson Reuters I/B/E/S.
It expects revenue of about $980 million-$1.03 billion. Analysts were expecting $975.9 million.