Tam S.a (TAM) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.24 when they were expecting earnings to be $0.07 per share. Actual earnings beat estimated earnings by $0.17 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. Shares of TAM traded higher by 0.59% or $0.11/share to $18.60. In the past year, the shares have traded as low as $13.92 and as high as $25.92. On average, 798353 shares of TAM exchange hands on a given day and today's volume is recorded at 52446.
