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Thursday, July 28, 2011

Earnings Hit The Street: (ABD), (CGI), (NICE), (LSI), (R)

Acco Brands Corporation (ABD) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.08 per share, and the company reported $0.15 per share. Earnings were 87.5% larger than expected. An upside surprise. Investors might expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. There are currently 3 analysts covering this firm. Investors can look to their reports for more information. Shares of ABD traded higher by 5.67% or $0.47/share to $8.76. In the past year, the shares have traded as low as $5.26 and as high as $10.39. On average, 264677 shares of ABD exchange hands on a given day and today's volume is recorded at 216727.

Celadon Group Inc (CGI) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.24 per share when analysts were expecting earnings of $0.19. Earnings beat expectations by $0.05 per share or 26.32%. Investors could expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. A total of 10 analysts are currently covering this company. Shares of CGI traded higher by 4.86% or $0.66/share to $14.24. In the past year, the shares have traded as low as $10.72 and as high as $16.80. On average, 139566 shares of CGI exchange hands on a given day and today's volume is recorded at 44574.

Nice Systems Ltd (NICE) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.42 per share, and the company reported $0.41 per share. Earnings were unexpectedly -2.38% lower or $-0.01 per share below estimates. Investors could 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. Shares of NICE fell by 0.22% or $-0.08/share to $36.10. In the past year, the shares have traded as low as $25.95 and as high as $38.49. On average, 186089 shares of NICE exchange hands on a given day and today's volume is recorded at 18677.

Lsi Corporation (LSI) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.08 per share, and the company reported $0.07 per share. Earnings were unexpectedly -12.5% lower than estimated. 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 4 analysts are currently covering this company. Shares of LSI traded higher by 16.77% or $1.08/share to $7.52. In the past year, the shares have traded as low as $3.89 and as high as $7.74. On average, 7121300 shares of LSI exchange hands on a given day and today's volume is recorded at 11004895.

Ryder System, Inc (R) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.77 per share, and the company reported $0.79 per share. Earnings beat expectations by $0.02 per share or 2.6%. Investors could 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 14 analysts are currently covering this company. Shares of R traded higher by 1.09% or $0.63/share to $58.51. In the past year, the shares have traded as low as $37.00 and as high as $60.38. On average, 603864 shares of R exchange hands on a given day and today's volume is recorded at 284527.