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Friday, July 15, 2011

Earnings Results: (CBSH), (PGR), (JPM), (LBAI), (XPWR)

Commerce Bancshares Inc (CBSH) reported earnings results for the quarter ended June 2011. The company reported $0.79 per share when analysts were expecting earnings of $0.72. Earnings were 9.72% larger than expected. An upside surprise. 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 8 analysts are currently covering this company. Shares of CBSH traded higher by 0.8% or $0.34/share to $42.82. In the past year, the shares have traded as low as $35.51 and as high as $44.00. On average, 361311 shares of CBSH exchange hands on a given day and today's volume is recorded at 26056.

Progressive Corp (PGR) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.38 when they were expecting earnings to be $0.39 per share. Earnings were unexpectedly -2.56% lower than estimated. 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. Shares of PGR fell by 0.6% or $-0.12/share to $20.01. In the past year, the shares have traded as low as $18.41 and as high as $22.13. On average, 3644400 shares of PGR exchange hands on a given day and today's volume is recorded at 621433.

Jpmorgan Chase & Co (JPM) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $1.27 when they were expecting earnings to be $1.21 per share. Earnings beat analyst estimates by 4.96%. 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 26 analysts are currently covering this company. Shares of JPM fell by 0.32% or $-0.13/share to $40.22. In the past year, the shares have traded as low as $35.55 and as high as $48.36. On average, 32012500 shares of JPM exchange hands on a given day and today's volume is recorded at 5827988.

Lakeland Bancorp Inc (LBAI) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.19 per share, and the company reported $0.18 per share. Earnings were unexpectedly -5.26% 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 5 analysts covering this firm. Investors can look to their reports for more information. Shares of LBAI traded higher by 0.3% or $0.03/share to $9.94. In the past year, the shares have traded as low as $7.25 and as high as $11.50. On average, 42314 shares of LBAI exchange hands on a given day and today's volume is recorded at 19594.

Xzeres Corp (XPWR) reported earnings results for the quarter ended May 2011. They reported actual earnings per share of $-0.11 when they were expecting earnings to be $-0.07 per share. Earnings were unexpectedly -57.14% lower than estimated. 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.