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Tuesday, August 9, 2011

Earnings Beats & Misses: (ROSE), (MGM), (TSE: NAL), (SLW), (TSE: IFP)

Rosetta Resources, Inc (ROSE) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.44 per share compared to analyst estimates of $0.44 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. There are currently 20 analysts covering this firm. Investors can look to their reports for more information. Shares of ROSE traded higher by 4.19% or $1.74/share to $43.27. In the past year, the shares have traded as low as $18.84 and as high as $58.04. On average, 1088900 shares of ROSE exchange hands on a given day and today's volume is recorded at 148200.

Mgm Resorts International (MGM) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $-0.13 per share, and the company reported $-0.08 per share. Earnings beat expectations by $0.05 per share or 38.46%. 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 21 analysts are currently covering this company. Shares of MGM fell by 6.5% or $-0.75/share to $10.79. In the past year, the shares have traded as low as $8.92 and as high as $16.94. On average, 22550500 shares of MGM exchange hands on a given day and today's volume is recorded at 8932513.

Canadian listed Newalta Corp (NAL) reported earnings results for the quarter ended June 2011. Earnings came in at $0.21 per share compared to analyst estimates of $0.13 per share. Earnings beat analyst estimates by 61.54%. 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 NAL fell by 0.93% or $-0.1/share to $10.62. In the past year, the shares have traded as low as $8.50 and as high as $13.66. On average, 56373 shares of NAL.TO exchange hands on a given day and today's volume is recorded at 3175.

Silver Wheaton Corp (SLW) reported earnings results for the quarter ended June 2011. Earnings came in at $0.42 per share compared to analyst estimates of $0.46 per share. Earnings were unexpectedly -8.7% 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. There are currently 8 analysts covering this firm. Investors can look to their reports for more information. Shares of SLW traded higher by 1.29% or $0.43/share to $33.67. In the past year, the shares have traded as low as $19.06 and as high as $47.60. On average, 10297900 shares of SLW exchange hands on a given day and today's volume is recorded at 1133198.

Canadian listed Intl Forest A (IFP) reported earnings results for the quarter ended June 2011. Earnings came in at $-0.1 per share compared to analyst estimates of $-0.04 per share. Earnings were unexpectedly -150.0% lower than estimated. 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. A total of 4 analysts are currently covering this company.