Ancestry.com Beats Up on Analysts Yet Again – DailyFinance

Ancestry.com is on a tear lately after taking a huge hit over their Q4 numbers.  Analysts responded after the fact with downgrades and price target reductions, but we still see a huge opportunity in the company. From DailyFinance: The 10-second takeawayFor the quarter ended Dec. 31 (Q4), Ancestry.com met expectations on revenues and beat expectations on earnings per share. Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share expanded significantly. Gross margins shrank, operating margins increased, net margins grew. Revenue detailsAncestry.com reported revenue of $104.2 million. The seven analysts polled by S&P Capital IQ predicted net … Read more