Keeping Fingers Crossed for Fitbit, FreightCar America

Today is a big day in value land, as two names near and dear to my heart (but not necessarily my wallet) are scheduled to report after the market's close.

First, Fibit Inc. (FIT) , the down-and-out former growth darling and short-lived cult stock that has seen its shares slide from $48 to $5 in just two short years, will report second-quarter results. Consensus estimates are calling for a loss of 15 cents a share on revenue of $341.5 million. Fitbit posted a mild bottom-line surprise last quarter, with a smaller-than-expected loss of 15 cents a share versus the consensus expectation of an 18.5-cent loss. However, it has not posted a profitable quarter since last October and has been guiding estimates lower as sales suffer....348 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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