DreamWorks Animation Set 10-Month High Wednesday

Posted on: Thu, 30 Jul 2009 08:52:00 EDT


Symbols: DWA
(RTTNews) - DreamWorks Animation (DWA | Quote | Chart | News | PowerRating) reported second quarter EPS of $0.30 after the close Tuesday, which matched the result in the prior year period. The consensus estimate was for EPS of $0.16.

DreamWorks Animation gapped up Wednesday and climbed further in early trade. The stock took out the session highs late in the afternoon and closed up by $2.45 at $31.13. DreamWorks broke out of a 2-month range and set a 10-month high.

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