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What: Shares of Steiner Leisure
So what: It's hard to tell what caused the initial sell-off, especially when most stocks were already down due to fears the U.S. debt crisis wouldn't be resolved in time for next week's deadline. Seeing this five-star stock in Motley Fool CAPS dip to about 12 times earnings appears to have brought forth the bargain shoppers.
Now what: We'll know whether the initial dumping was justified after the bell today, when Steiner reports second-quarter results. The four analysts following the company expect $0.86 in per-share earnings on $167.65 million in revenue. Do you think Steiner will meet or beat those estimates? Let us know what you think using the comments box below.
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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