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Tuesday, August 9, 2011

Earnings Beats & Misses: (AIMC), (STRL), (LMNX), (HWCC), (CMLP)

Altra Holdings, Inc (AIMC) reported earnings results for the quarter ended June 2011. Earnings came in at $0.42 per share compared to analyst estimates of $0.42 per share. Actual earnings met the estimated earnings per share. Investors could expect the stock price to remain stable based on this news of earnings meeting expectations. Guidance, current stock price, and revenue estimates must be considered for stock price direction. Shares of AIMC traded higher by 5.26% or $0.7/share to $14.01. In the past year, the shares have traded as low as $12.00 and as high as $27.48. On average, 195048 shares of AIMC exchange hands on a given day and today's volume is recorded at 38616.

Sterling Construction Co. Inc (STRL) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.25 when they were expecting earnings to be $0.23 per share. Actual earnings beat estimated earnings by $0.02 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. There are currently 6 analysts covering this firm. Investors can look to their reports for more information. Shares of STRL fell by 4.21% or $-0.45/share to $10.25. In the past year, the shares have traded as low as $10.45 and as high as $17.00. On average, 54594 shares of STRL exchange hands on a given day and today's volume is recorded at 5468.

Luminex Corporation (LMNX) reported earnings results for the quarter ended June 2011. Earnings came in at $0.11 per share compared to analyst estimates of $0.06 per share. Earnings beat analyst estimates by 83.33%. 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 LMNX fell by 0.24% or $-0.05/share to $20.61. In the past year, the shares have traded as low as $14.25 and as high as $21.89. On average, 163978 shares of LMNX exchange hands on a given day and today's volume is recorded at 171864.

Houston Wire & Cable Company (HWCC) reported earnings results for the quarter ended June 2011. The company reported $0.38 per share when analysts were expecting earnings of $0.26. Earnings beat analyst estimates by 46.15%. 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. Shares of HWCC traded higher by 3.5% or $0.42/share to $12.42. In the past year, the shares have traded as low as $8.64 and as high as $18.00. On average, 71812 shares of HWCC exchange hands on a given day and today's volume is recorded at 4983.

Crestwood Midstream Partners Lp (CMLP) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.32 per share, and the company reported $0.31 per share. Actual earnings missed estimated earnings by $-0.01 per share. 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. There are currently 4 analysts covering this firm. Investors can look to their reports for more information. Shares of CMLP traded higher by 3.52% or $0.8/share to $23.54. In the past year, the shares have traded as low as $21.72 and as high as $33.00. On average, 78200 shares of CMLP exchange hands on a given day and today's volume is recorded at 6895.