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Wednesday, August 10, 2011

Beats And Misses: (ATPG), (SHIP), (MYRG), (TAT), (FXEN)

Atp Oil & Gas Corp (ATPG) reported earnings results for the quarter ended June 2011. Earnings came in at $-0.58 per share compared to analyst estimates of $-0.35 per share. Earnings were unexpectedly -65.71% lower than estimated. 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 ATPG traded higher by 7.52% or $0.62/share to $8.87. In the past year, the shares have traded as low as $6.26 and as high as $21.40. On average, 1533340 shares of ATPG exchange hands on a given day and today's volume is recorded at 1610290.

Seanergy Maritime Holdings Corp (SHIP) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.09 per share when analysts were expecting earnings of $0.13. Actual earnings missed estimated earnings by $-0.04 per share. 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 SHIP traded higher by 3.07% or $0.0999/share to $3.35. In the past year, the shares have traded as low as $2.71 and as high as $20.25. On average, 6443 shares of SHIP exchange hands on a given day and today's volume is recorded at 240.

Myr Group, Inc (MYRG) reported earnings results for the quarter ended June 2011. Earnings came in at $0.18 per share compared to analyst estimates of $0.19 per share. Earnings missed estimates by an unexpected -5.26% downside surprise. 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 MYRG fell by 7.77% or $-1.56/share to $18.53. In the past year, the shares have traded as low as $12.80 and as high as $26.54. On average, 132658 shares of MYRG exchange hands on a given day and today's volume is recorded at 54845.

Transatlantic Petroleum Ltd (TAT) announced their most recent earnings results for the quarter ended in June 2011. The company reported $-0.03 per share when analysts were expecting earnings of $-0.04. Actual earnings beat estimated earnings by $0.01 per share. 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. Shares of TAT fell by 5.88% or $-0.08/share to $1.28. In the past year, the shares have traded as low as $1.28 and as high as $3.59. On average, 2384730 shares of TAT exchange hands on a given day and today's volume is recorded at 1400328.

Fx Energy Inc (FXEN) reported earnings results for the quarter ended June 2011. Earnings came in at $0.05 per share compared to analyst estimates of $0.07 per share. Earnings were unexpectedly -28.57% lower or $-0.02 per share below estimates. 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 FXEN fell by 14.52% or $-0.99/share to $5.83. In the past year, the shares have traded as low as $2.89 and as high as $12.20. On average, 442055 shares of FXEN exchange hands on a given day and today's volume is recorded at 344092.