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Wednesday, August 10, 2011

Company Earnings News: (TSE: GSC), (RAM), (OTTR), (TSE: FM), (FSYS)

Canadian listed Golden Star (GSC) announced their most recent earnings results for the quarter ended in June 2011. The company reported $-0.02 per share when analysts were expecting earnings of $0.01. Earnings missed estimates by an unexpected -300.0% downside surprise. Investors might 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. A total of 5 analysts are currently covering this company. Shares of GSC traded higher by 1.4% or $0.03/share to $2.18. In the past year, the shares have traded as low as $1.78 and as high as $6.21. On average, 317278 shares of GSC.TO exchange hands on a given day and today's volume is recorded at 127400.

Ram Energy Resources, Inc (RAM) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.03 per share, and the company reported $0.02 per share. Earnings missed estimates by an unexpected -33.33% downside surprise. Investors might 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 RAM fell by 1.98% or $-0.02/share to $0.99. In the past year, the shares have traded as low as $0.96 and as high as $2.58. On average, 526561 shares of RAM exchange hands on a given day and today's volume is recorded at 193396.

Otter Tail Corporation (OTTR) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.16 when they were expecting earnings to be $0.12 per share. Earnings beat analyst estimates by 33.33%. 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 3 analysts covering this firm. Investors can look to their reports for more information. Shares of OTTR fell by 6.6% or $-1.414/share to $20.03. In the past year, the shares have traded as low as $18.24 and as high as $23.48. On average, 130823 shares of OTTR exchange hands on a given day and today's volume is recorded at 140991.

Canadian listed First Quantum (FM) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $1.62 when they were expecting earnings to be $2.15 per share. Earnings were unexpectedly -24.65% lower or $-0.53 per share below estimates. 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. There are currently 9 analysts covering this firm. Investors can look to their reports for more information. Shares of FM fell by 3.57% or $-0.8/share to $21.63. In the past year, the shares have traded as low as $19.18 and as high as $148.00. On average, 476141 shares of FM.TO exchange hands on a given day and today's volume is recorded at 1041287.

Fuel Systems Solutions, Inc (FSYS) reported earnings results for the quarter ended June 2011. Earnings came in at $0.19 per share compared to analyst estimates of $0.13 per share. Earnings beat analyst estimates by 46.15%. 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 FSYS fell by 0.59% or $-0.12/share to $20.28. In the past year, the shares have traded as low as $17.22 and as high as $42.65. On average, 249297 shares of FSYS exchange hands on a given day and today's volume is recorded at 82618.