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Thursday, June 30, 2011

Earnings Hot Off The Press: (GIS), (FC), (KBH)

General Mills, Inc (GIS) announced their most recent earnings results for the quarter ended in May 2011. Analysts were expecting $0.52 per share, and the company reported $0.52 per share. These earnings are in line with investor expectations. Investors could expect the stock price to remain stable based on this news of earnings meeting expectations. Guidance, current stock price, and revenue estimates must be considered for stock price direction. Shares of GIS fell by 0.03% or $-0.01/share to $37.37. In the past year, the shares have traded as low as $33.11 and as high as $40.00. On average, 3908120 shares of GIS exchange hands on a given day and today's volume is recorded at 130495.

Franklin Covey Co (FC) reported earnings results for the quarter ended May 2011. Earnings came in at $0.04 per share compared to analyst estimates of $0.04 per share. Actual earnings met the estimated earnings per share. Investors could expect the stock price to remain stable based on this news of earnings meeting expectations. Guidance, current stock price, and revenue estimates must be considered for stock price direction. A total of 2 analysts are currently covering this company. Shares of FC traded higher by 0.64% or $0.06/share to $9.50. In the past year, the shares have traded as low as $5.35 and as high as $9.75. On average, 30134 shares of FC exchange hands on a given day and today's volume is recorded at 705.

Kb Home (KBH) reported earnings results for the quarter ended May 2011. Analysts were expecting $-0.32 per share, and the company reported $-0.56 per share. Earnings missed estimates by an unexpected -75.0% downside surprise. Investors might expect the stock price to decrease as earnings were worse than expected. Further analysis may need to be conducted to determine whether the downswing will occur. There are currently 15 analysts covering this firm. Investors can look to their reports for more information. Shares of KBH fell by 2.38% or $-0.24/share to $9.84. In the past year, the shares have traded as low as $9.43 and as high as $16.11. On average, 4307610 shares of KBH exchange hands on a given day and today's volume is recorded at 185624.