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Friday, July 1, 2011

Earnings Results: (STZ), (MSM), (WOR), (MEI), (DRI)

Constellation Brands Inc (STZ) reported earnings results for the quarter ended May 2011. Earnings came in at $0.39 per share compared to analyst estimates of $0.37 per share. Actual earnings beat estimated earnings by $0.02 per share. 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. Shares of STZ traded higher by 1.01% or $0.21/share to $21.03. In the past year, the shares have traded as low as $15.26 and as high as $23.19. On average, 2020520 shares of STZ exchange hands on a given day and today's volume is recorded at 101616.

Msc Industrial Direct Co. Inc (MSM) reported earnings results for the quarter ended May 2011. Analysts were expecting $0.94 per share, and the company reported $0.97 per share. Actual earnings beat estimated earnings by $0.03 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. A total of 10 analysts are currently covering this company. Shares of MSM traded higher by 0.68% or $0.4484/share to $66.76. In the past year, the shares have traded as low as $44.19 and as high as $79.22. On average, 329020 shares of MSM exchange hands on a given day and today's volume is recorded at 16035.

Worthington Industries, Inc (WOR) reported earnings results for the quarter ended May 2011. They reported actual earnings per share of $0.66 when they were expecting earnings to be $0.56 per share. Actual earnings beat estimated earnings by $0.1 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. A total of 5 analysts are currently covering this company. Shares of WOR fell by 1.13% or $-0.26/share to $22.84. In the past year, the shares have traded as low as $12.00 and as high as $23.48. On average, 721048 shares of WOR exchange hands on a given day and today's volume is recorded at 51261.

Methode Electronics Inc (MEI) announced their most recent earnings results for the quarter ended in April 2011. Analysts were expecting $0.11 per share, and the company reported $0.16 per share. Actual earnings beat estimated earnings by $0.05 per share. 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 1 analyst is currently covering this company. Shares of MEI fell by 1.03% or $-0.12/share to $11.49. In the past year, the shares have traded as low as $7.85 and as high as $13.73. On average, 99719 shares of MEI exchange hands on a given day and today's volume is recorded at 15173.

Darden Restaurants, Inc (DRI) announced their most recent earnings results for the quarter ended in May 2011. The company reported $1.0 per share when analysts were expecting earnings of $1.0. 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. Shares of DRI traded higher by 1.91% or $0.95/share to $50.71. In the past year, the shares have traded as low as $37.08 and as high as $52.12. On average, 1716820 shares of DRI exchange hands on a given day and today's volume is recorded at 344730.