Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, August 4, 2011

Earnings Beats & Misses: (TSE: ARE), (NXTM), (ZLCS), (PATR), (MDR)

Canadian listed Aecon Grp Inc (ARE) reported earnings results for the quarter ended June 2011. Earnings came in at $0.07 per share compared to analyst estimates of $0.01 per share. Actual earnings beat estimated earnings by $0.06 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 ARE fell by 4.54% or $-0.39/share to $8.20. In the past year, the shares have traded as low as $7.54 and as high as $12.79. On average, 119058 shares of ARE.TO exchange hands on a given day and today's volume is recorded at 34839.

Nxstage Medical, Inc (NXTM) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $-0.11 per share, and the company reported $-0.1 per share. Earnings were 9.09% larger than expected. An upside surprise. 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 NXTM fell by 0.62% or $-0.12/share to $19.15. In the past year, the shares have traded as low as $14.63 and as high as $27.12. On average, 643766 shares of NXTM exchange hands on a given day and today's volume is recorded at 365424.

Zalicus Inc (ZLCS) reported earnings results for the quarter ended June 2011. Earnings came in at $-0.11 per share compared to analyst estimates of $-0.09 per share. Actual earnings missed estimated earnings by $-0.02 per share. 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. A total of 5 analysts are currently covering this company. Shares of ZLCS fell by 5.26% or $-0.12/share to $2.16. In the past year, the shares have traded as low as $1.01 and as high as $3.21. On average, 1753920 shares of ZLCS exchange hands on a given day and today's volume is recorded at 1105077.

Patriot Transportation Holding Inc (PATR) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.25 per share compared to analyst estimates of $0.23 per share. Earnings beat analyst estimates by 8.7%. 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 PATR traded higher by 0.21% or $0.049/share to $23.94. In the past year, the shares have traded as low as $19.49 and as high as $33.12. On average, 14234 shares of PATR exchange hands on a given day and today's volume is recorded at 2000.

Mcdermott International Inc (MDR) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.27 per share compared to analyst estimates of $0.32 per share. Earnings were unexpectedly -15.62% lower than estimated. 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 19 analysts are currently covering this company. Shares of MDR fell by 17.36% or $-3.31/share to $15.76. In the past year, the shares have traded as low as $12.10 and as high as $26.14. On average, 2904320 shares of MDR exchange hands on a given day and today's volume is recorded at 6361240.