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Friday, August 12, 2011

Earnings Beats & Misses: (BTE), (TSE: SES), (TSE: ONR), (PAL), (TSE: CUQ)

Baytex Energy Corp (BTE) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.92 when they were expecting earnings to be $0.35 per share. Earnings beat expectations by $0.57 per share or 162.86%. 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. There is currently 1 analyst covering this firm. Investors can look to their reports for more information. Shares of BTE traded higher by 5.22% or $2.5/share to $50.40. In the past year, the shares have traded as low as $31.14 and as high as $61.96. On average, 353483 shares of BTE exchange hands on a given day and today's volume is recorded at 80346.

Canadian listed Secure Egy Serv (SES) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.0 per share when analysts were expecting earnings of $0.03. Earnings missed estimates by an unexpected -100.0% downside surprise. 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 SES traded higher by 0.46% or $0.04/share to $8.74. In the past year, the shares have traded as low as $3.57 and as high as $10.10. On average, 235329 shares of SES.TO exchange hands on a given day and today's volume is recorded at 41540.

Canadian listed Open Range Egy (ONR) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.08 per share when analysts were expecting earnings of $0.09. Earnings were unexpectedly -11.11% lower or $-0.01 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 ONR traded higher by 1.08% or $0.07/share to $6.54. In the past year, the shares have traded as low as $1.10 and as high as $6.95. On average, 808572 shares of ONR.TO exchange hands on a given day and today's volume is recorded at 652390.

North American Palladium Ltd (PAL) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $-0.01 per share, and the company reported $0.03 per share. Earnings beat analyst estimates by 400.0%. 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. A total of 4 analysts are currently covering this company. Shares of PAL fell by 2.21% or $-0.0789/share to $3.49. In the past year, the shares have traded as low as $2.67 and as high as $7.99. On average, 3287870 shares of PAL exchange hands on a given day and today's volume is recorded at 568293.

Canadian listed Churchill Corp (CUQ) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.19 per share compared to analyst estimates of $0.35 per share. Earnings missed estimates by an unexpected -45.71% downside surprise. 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 CUQ traded higher by 0.29% or $0.05/share to $17.36. In the past year, the shares have traded as low as $16.30 and as high as $21.40. On average, 26924 shares of CUQ.TO exchange hands on a given day and today's volume is recorded at 90577.