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Tuesday, August 2, 2011

Earnings Beats & Misses: (AWI), (DW)

Armstrong World Industries, Inc (AWI) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.7 per share compared to analyst estimates of $0.71 per share. Earnings were unexpectedly -1.41% lower or $-0.01 per share below estimates. 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. A total of 10 analysts are currently covering this company. Shares of AWI fell by 1.48% or $-0.56/share to $37.24. In the past year, the shares have traded as low as $33.76 and as high as $54.58. On average, 247795 shares of AWI exchange hands on a given day and today's volume is recorded at 160524.

Drew Industries Inc (DW) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.49 per share compared to analyst estimates of $0.52 per share. Actual earnings missed estimated earnings by $-0.03 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 3 analysts covering this firm. Investors can look to their reports for more information. Shares of DW fell by 0.9% or $-0.18/share to $19.82. In the past year, the shares have traded as low as $18.62 and as high as $26.78. On average, 89247 shares of DW exchange hands on a given day and today's volume is recorded at 6618.