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Friday, August 5, 2011

Earnings Results Are In: (XEC), (HOS), (BID), (CI), (SGA)

Cimarex Energy Co (XEC) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $1.7 per share, and the company reported $1.78 per share. Earnings beat analyst estimates by 4.71%. Investors might 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. A total of 15 analysts are currently covering this company. Shares of XEC fell by 1.49% or $-1.07/share to $70.88. In the past year, the shares have traded as low as $62.88 and as high as $117.95. On average, 1185990 shares of XEC exchange hands on a given day and today's volume is recorded at 590608.

Hornbeck Offshore Services, Inc (HOS) reported earnings results for the quarter ended June 2011. Analysts were expecting $-0.32 per share, and the company reported $-0.26 per share. Earnings beat analyst estimates by 18.75%. 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. A total of 11 analysts are currently covering this company. Shares of HOS fell by 4.57% or $-1.18/share to $24.63. In the past year, the shares have traded as low as $15.16 and as high as $31.77. On average, 463865 shares of HOS exchange hands on a given day and today's volume is recorded at 238189.

Sotheby's (BID) announced their most recent earnings results for the quarter ended in June 2011. The company reported $1.83 per share when analysts were expecting earnings of $1.57. Earnings beat expectations by $0.26 per share or 16.56%. 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. There are currently 5 analysts covering this firm. Investors can look to their reports for more information. Shares of BID fell by 0.23% or $-0.0907/share to $39.10. In the past year, the shares have traded as low as $26.30 and as high as $55.67. On average, 1380570 shares of BID exchange hands on a given day and today's volume is recorded at 734541.

Cigna Corporation (CI) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $1.53 per share compared to analyst estimates of $1.29 per share. Earnings beat expectations by $0.24 per share or 18.6%. 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 18 analysts covering this firm. Investors can look to their reports for more information. Shares of CI fell by 0.37% or $-0.17/share to $45.33. In the past year, the shares have traded as low as $31.39 and as high as $52.95. On average, 2834640 shares of CI exchange hands on a given day and today's volume is recorded at 1202784.

Saga Communications Inc (SGA) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.75 when they were expecting earnings to be $0.84 per share. Earnings were unexpectedly -10.71% lower or $-0.09 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 SGA fell by 1.17% or $-0.35/share to $29.64. In the past year, the shares have traded as low as $16.53 and as high as $40.45. On average, 13275 shares of SGA exchange hands on a given day and today's volume is recorded at 430.