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Wednesday, August 10, 2011

Earnings Results Are In: (LGF), (CVVT), (SNHY), (TAT), (EBIX)

Lions Gate Entertainment Corp (LGF) reported earnings results for the quarter ended June 2011. The company reported $0.09 per share when analysts were expecting earnings of $-0.06. Earnings beat expectations by $0.15 per share or 250.0%. 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 8 analysts are currently covering this company. Shares of LGF fell by 0.98% or $-0.065/share to $6.56. In the past year, the shares have traded as low as $5.69 and as high as $7.84. On average, 449625 shares of LGF exchange hands on a given day and today's volume is recorded at 30962.

China Valves Technology, Inc (CVVT) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.3 when they were expecting earnings to be $0.34 per share. Earnings were unexpectedly -11.76% 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. Shares of CVVT fell by 0.33% or $-0.01/share to $3.06. In the past year, the shares have traded as low as $2.58 and as high as $12.64. On average, 258200 shares of CVVT exchange hands on a given day and today's volume is recorded at 140352.

Sun Hydraulics Corp (SNHY) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.41 per share when analysts were expecting earnings of $0.4. Earnings beat expectations by $0.01 per share or 2.5%. 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 SNHY fell by 1.86% or $-0.46/share to $24.26. In the past year, the shares have traded as low as $14.66 and as high as $36.23. On average, 96822 shares of SNHY exchange hands on a given day and today's volume is recorded at 8863.

Transatlantic Petroleum Ltd (TAT) announced their most recent earnings results for the quarter ended in June 2011. The company reported $-0.03 per share when analysts were expecting earnings of $-0.04. Earnings were 25.0% larger than expected. An upside surprise. 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 2 analysts are currently covering this company. Shares of TAT fell by 5.88% or $-0.08/share to $1.28. In the past year, the shares have traded as low as $1.28 and as high as $3.59. On average, 2384730 shares of TAT exchange hands on a given day and today's volume is recorded at 1400328.

Ebix Inc (EBIX) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.42 per share compared to analyst estimates of $0.38 per share. Earnings beat expectations by $0.04 per share or 10.53%. 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 4 analysts covering this firm. Investors can look to their reports for more information. Shares of EBIX fell by 5.02% or $-0.82/share to $15.52. In the past year, the shares have traded as low as $15.05 and as high as $30.35. On average, 911869 shares of EBIX exchange hands on a given day and today's volume is recorded at 50950.