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Friday, July 29, 2011

Earnings Beats & Misses: (TSE: ALA), (TRP), (SRT), (CWEI), (CAB)

Canadian listed Altagas Inc Ltd (ALA) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.24 per share compared to analyst estimates of $0.2 per share. Earnings beat analyst estimates by 20.0%. Investors might expect the stock price to rise on better than expected results. Further analysis on other trends may need to be completed to determine whether the upswing will be confirmed. Guidance, stock price, and revenue estimates must be considered as well. A total of 5 analysts are currently covering this company. Shares of ALA traded higher by 0.31% or $0.08/share to $26.10. In the past year, the shares have traded as low as $19.33 and as high as $27.10. On average, 155356 shares of ALA.TO exchange hands on a given day and today's volume is recorded at 106928.

Transcanada Corp (TRP) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.55 per share when analysts were expecting earnings of $0.56. Earnings were unexpectedly -1.79% lower than estimated. Investors could expect the stock price to fall as earnings were below expectations. Examining previous stock price movement may help to further determine the direction of the share price. Guidance, stock price, and revenue estimates must be considered as well. There are currently 2 analysts covering this firm. Investors can look to their reports for more information. Shares of TRP fell by 0.21% or $-0.09/share to $41.95. In the past year, the shares have traded as low as $34.23 and as high as $45.09. On average, 395962 shares of TRP exchange hands on a given day and today's volume is recorded at 134017.

Startek, Inc (SRT) reported earnings results for the quarter ended June 2011. Analysts were expecting $-0.14 per share, and the company reported $-0.27 per share. Earnings were unexpectedly -92.86% lower or $-0.13 per share below estimates. Investors might expect the stock price to fall as earnings were below expectations. Examining previous stock price movement may help to further determine the direction of the share price. Guidance, stock price, and revenue estimates must be considered as well. A total of 3 analysts are currently covering this company. Shares of SRT traded higher by 8.01% or $0.27/share to $3.64. In the past year, the shares have traded as low as $3.30 and as high as $6.00. On average, 60686 shares of SRT exchange hands on a given day and today's volume is recorded at 56849.

Clayton Williams Energy Inc (CWEI) reported earnings results for the quarter ended June 2011. Analysts were expecting $1.35 per share, and the company reported $2.0 per share. Actual earnings beat estimated earnings by $0.65 per share. Investors might expect the stock price to rise on better than expected results. Further analysis on other trends may need to be completed to determine whether the upswing will be confirmed. Guidance, stock price, and revenue estimates must be considered as well. There are currently 4 analysts covering this firm. Investors can look to their reports for more information. Shares of CWEI fell by 1.18% or $-0.79/share to $66.32. In the past year, the shares have traded as low as $41.55 and as high as $109.45. On average, 138538 shares of CWEI exchange hands on a given day and today's volume is recorded at 69155.

Cabela's Inc (CAB) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.32 when they were expecting earnings to be $0.27 per share. Earnings beat analyst estimates by 18.52%. Investors might expect the stock price to rise on better than expected results. Further analysis on other trends may need to be completed to determine whether the upswing will be confirmed. Guidance, stock price, and revenue estimates must be considered as well. There are currently 8 analysts covering this firm. Investors can look to their reports for more information. Shares of CAB fell by 0.61% or $-0.17/share to $27.50. In the past year, the shares have traded as low as $13.93 and as high as $32.37. On average, 589987 shares of CAB exchange hands on a given day and today's volume is recorded at 131836.