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Thursday, July 28, 2011

Earnings Results Are In: (FSRV), (TSE: CP), (CVD), (BYD), (UMBF)

Firstservice Corp (FSRV) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.47 per share compared to analyst estimates of $0.54 per share. Earnings missed estimates by an unexpected -12.96% downside surprise. 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. Shares of FSRV traded higher by 0.79% or $0.28/share to $35.62. In the past year, the shares have traded as low as $20.21 and as high as $40.57. On average, 36367 shares of FSRV exchange hands on a given day and today's volume is recorded at 7200.

Canadian listed Cdn Pac Rlwy (CP) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.75 per share compared to analyst estimates of $0.79 per share. Actual earnings missed estimated earnings by $-0.04 per share. 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. A total of 10 analysts are currently covering this company. Shares of CP traded higher by 3.67% or $2.13/share to $60.13. In the past year, the shares have traded as low as $57.09 and as high as $69.48. On average, 526897 shares of CP.TO exchange hands on a given day and today's volume is recorded at 232041.

Covance Inc (CVD) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.66 when they were expecting earnings to be $0.65 per share. Earnings beat expectations by $0.01 per share or 1.54%. 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. A total of 15 analysts are currently covering this company. Shares of CVD traded higher by 3.31% or $1.92/share to $59.96. In the past year, the shares have traded as low as $37.44 and as high as $63.86. On average, 453833 shares of CVD exchange hands on a given day and today's volume is recorded at 146179.

Boyd Gaming Corp (BYD) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.02 per share, and the company reported $0.01 per share. Earnings missed estimates by an unexpected -50.0% downside surprise. 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 BYD fell by 2.1% or $-0.19/share to $8.84. In the past year, the shares have traded as low as $6.70 and as high as $12.78. On average, 2008010 shares of BYD exchange hands on a given day and today's volume is recorded at 233990.

Umb Financial Corporation (UMBF) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.65 per share, and the company reported $0.65 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 UMBF fell by 1.25% or $-0.52/share to $41.06. In the past year, the shares have traded as low as $31.77 and as high as $45.81. On average, 160891 shares of UMBF exchange hands on a given day and today's volume is recorded at 25356.