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Thursday, July 21, 2011

Surprises in Earnings Results: (PNC), (ABT), (TESS), (APH), (JCI)

Pnc Financial Services Group Inc (PNC) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $1.67 when they were expecting earnings to be $1.47 per share. Earnings were 13.61% 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. Shares of PNC traded higher by 1.76% or $0.98/share to $56.57. In the past year, the shares have traded as low as $49.43 and as high as $65.19. On average, 4229950 shares of PNC exchange hands on a given day and today's volume is recorded at 2265460.

Abbott Laboratories (ABT) reported earnings results for the quarter ended June 2011. The company reported $1.12 per share when analysts were expecting earnings of $1.11. Earnings beat analyst estimates by 0.9%. 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 17 analysts are currently covering this company. Shares of ABT traded higher by 0.97% or $0.51/share to $52.91. In the past year, the shares have traded as low as $44.59 and as high as $54.24. On average, 7052640 shares of ABT exchange hands on a given day and today's volume is recorded at 864758.

Tessco Technologies Inc (TESS) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.57 per share when analysts were expecting earnings of $0.4. Earnings were 42.5% 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 1 analyst is currently covering this company. Shares of TESS traded higher by 0.2% or $0.03/share to $15.00. In the past year, the shares have traded as low as $10.00 and as high as $16.96. On average, 61448 shares of TESS exchange hands on a given day and today's volume is recorded at 67122.

Amphenol Corporation (APH) reported earnings results for the quarter ended June 2011. Earnings came in at $0.79 per share compared to analyst estimates of $0.77 per share. Actual earnings beat estimated earnings by $0.02 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 9 analysts are currently covering this company. Shares of APH traded higher by 0.64% or $0.32/share to $50.47. In the past year, the shares have traded as low as $39.61 and as high as $59.11. On average, 1092740 shares of APH exchange hands on a given day and today's volume is recorded at 164216.

Johnson Controls Inc (JCI) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.56 per share when analysts were expecting earnings of $0.53. Earnings beat analyst estimates by 5.66%. 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. There are currently 21 analysts covering this firm. Investors can look to their reports for more information. Shares of JCI traded higher by 0.6% or $0.24/share to $39.93. In the past year, the shares have traded as low as $26.10 and as high as $42.92. On average, 4968230 shares of JCI exchange hands on a given day and today's volume is recorded at 982942.