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Wednesday, August 10, 2011

Earnings Beats & Misses: (HEK), (CLDT), (PSEM), (NXST), (TSE: MRT)

Heckmann Corporation (HEK) reported earnings results for the quarter ended June 2011. Earnings came in at $0.02 per share compared to analyst estimates of $0.02 per share. These earnings are in line with investor expectations. 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 4 analysts are currently covering this company. Shares of HEK fell by 2.38% or $-0.1429/share to $5.87. In the past year, the shares have traded as low as $3.63 and as high as $6.72. On average, 1211270 shares of HEK exchange hands on a given day and today's volume is recorded at 1496071.

Chatham Lodging Trust (CLDT) reported earnings results for the quarter ended June 2011. Earnings came in at $0.24 per share compared to analyst estimates of $0.25 per share. Earnings were unexpectedly -4.0% lower than estimated. 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. Shares of CLDT fell by 7.91% or $-1.0/share to $11.65. In the past year, the shares have traded as low as $11.28 and as high as $19.46. On average, 70044 shares of CLDT exchange hands on a given day and today's volume is recorded at 28877.

Pericom Semiconductor Corp (PSEM) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.1 when they were expecting earnings to be $0.08 per share. Actual earnings beat estimated earnings by $0.02 per share. 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 are currently 3 analysts covering this firm. Investors can look to their reports for more information. Shares of PSEM fell by 9.14% or $-0.68/share to $6.76. In the past year, the shares have traded as low as $6.57 and as high as $11.58. On average, 70362 shares of PSEM exchange hands on a given day and today's volume is recorded at 26200.

Nexstar Broadcasting Group Inc (NXST) reported earnings results for the quarter ended June 2011. The company reported $-0.09 per share when analysts were expecting earnings of $-0.11. Actual earnings beat estimated earnings by $0.02 per share. 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. Shares of NXST fell by 1.66% or $-0.12/share to $7.12. In the past year, the shares have traded as low as $3.64 and as high as $10.28. On average, 85927 shares of NXST exchange hands on a given day and today's volume is recorded at 10224.

Canadian listed Morguard Reit (MRT) reported earnings results for the quarter ended June 2011. Earnings came in at $0.33 per share compared to analyst estimates of $0.33 per share. These earnings are in line with investor expectations. 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.