NEWYORK, May 24 -- When Temple-Inland (NYSE:TIN) reported earnings 30 days ago on April 21, 2010, analysts, on average, expected the company to report a loss of $0.01 on sales of $920 million.
The company actually reported a loss of $0.01 on sales of $905 million, matching EPS estimates and missing revenues estimates by $15 million.
Since the company's report, share of Temple-Inland have fallen from $23.83 to $19.87, representing a loss of 16.62% in the past 30 days.
SmarTrend is bearish on shares of Temple-Inland and our subscribers were alerted to Sell on May 06, 2010 at $19.93. The stock has fallen 0.3% since the alert was issued.
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