Novellus Systems, Inc (NVLS) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.76 per share, and the company reported $0.79 per share. Actual earnings beat estimated earnings by $0.03 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. A total of 14 analysts are currently covering this company. Shares of NVLS fell by 7.91% or $-2.83/share to $32.94. In the past year, the shares have traded as low as $22.88 and as high as $41.82. On average, 3173190 shares of NVLS exchange hands on a given day and today's volume is recorded at 1133410.
Alcoa, Inc (AA) reported earnings results for the quarter ended June 2011. Earnings came in at $0.32 per share compared to analyst estimates of $0.34 per share. Earnings missed estimates by an unexpected -5.88% 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. A total of 12 analysts are currently covering this company. Shares of AA traded higher by 0.13% or $0.02/share to $15.93. In the past year, the shares have traded as low as $9.81 and as high as $18.47. On average, 24644100 shares of AA exchange hands on a given day and today's volume is recorded at 5618636.
