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Friday, August 5, 2011

Earnings Beats & Misses: (DXYN), (GGC), (TSE: RKN), (CTB), (GLP)

The Dixie Group, Inc (DXYN) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.06 per share compared to analyst estimates of $0.06 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. A total of 1 analyst is currently covering this company. Shares of DXYN fell by 0.93% or $-0.04/share to $4.28. In the past year, the shares have traded as low as $2.80 and as high as $5.00. On average, 9505 shares of DXYN exchange hands on a given day and today's volume is recorded at 500.

Georgia Gulf Corp (GGC) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.33 per share, and the company reported $0.42 per share. Actual earnings beat estimated earnings by $0.09 per share. 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 GGC fell by 4.89% or $-0.95/share to $18.48. In the past year, the shares have traded as low as $12.01 and as high as $40.59. On average, 823761 shares of GGC exchange hands on a given day and today's volume is recorded at 892462.

Canadian listed Redknee Solutns (RKN) reported earnings results for the quarter ended June 2011. Earnings came in at $-0.04 per share compared to analyst estimates of $0.01 per share. Earnings were unexpectedly -500.0% lower or $-0.05 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. Shares of RKN remained unchanged at $1.35. In the past year, the shares have traded as low as $0.95 and as high as $1.78. On average, 42034 shares of RKN.TO exchange hands on a given day and today's volume is recorded at 0.

Cooper Tire & Rubber Co (CTB) reported earnings results for the quarter ended June 2011. Earnings came in at $0.18 per share compared to analyst estimates of $0.46 per share. Earnings were unexpectedly -60.87% lower or $-0.28 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. A total of 6 analysts are currently covering this company. Shares of CTB traded higher by 0.42% or $0.05/share to $12.06. In the past year, the shares have traded as low as $11.20 and as high as $27.73. On average, 792191 shares of CTB exchange hands on a given day and today's volume is recorded at 464275.

Global Partners Lp (GLP) reported earnings results for the quarter ended June 2011. Earnings came in at $-0.09 per share compared to analyst estimates of $-0.06 per share. Actual earnings missed estimated earnings by $-0.03 per share. 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 GLP traded higher by 2.07% or $0.41/share to $20.25. In the past year, the shares have traded as low as $19.70 and as high as $29.98. On average, 90303 shares of GLP exchange hands on a given day and today's volume is recorded at 26349.