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Wednesday, August 10, 2011

Earnings Surprises of the Day: (CHKM), (GEOI), (YONG), (TGH), (CREE)

Chesapeake Midstream Partners, L.p (CHKM) reported earnings results for the quarter ended June 2011. Earnings came in at $0.29 per share compared to analyst estimates of $0.29 per share. Actual earnings met the estimated earnings per share. 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 8 analysts covering this firm. Investors can look to their reports for more information. Shares of CHKM traded higher by 1.18% or $0.29/share to $24.97. In the past year, the shares have traded as low as $22.33 and as high as $29.31. On average, 91642 shares of CHKM exchange hands on a given day and today's volume is recorded at 11045.

Georesources, Inc (GEOI) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.31 when they were expecting earnings to be $0.29 per share. Actual earnings beat estimated earnings by $0.02 per share. 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 GEOI fell by 2.68% or $-0.56/share to $20.37. In the past year, the shares have traded as low as $13.33 and as high as $32.94. On average, 379168 shares of GEOI exchange hands on a given day and today's volume is recorded at 63263.

Yongye International, Inc (YONG) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.48 per share, and the company reported $0.81 per share. Earnings beat expectations by $0.33 per share or 68.75%. 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 1 analyst is currently covering this company. Shares of YONG fell by 0.48% or $-0.02/share to $4.13. In the past year, the shares have traded as low as $3.01 and as high as $9.49. On average, 935288 shares of YONG exchange hands on a given day and today's volume is recorded at 75285.

Textainer Group Holdings Limited (TGH) reported earnings results for the quarter ended June 2011. The company reported $0.81 per share when analysts were expecting earnings of $0.78. Earnings beat analyst estimates by 3.85%. 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 TGH fell by 0.47% or $-0.11/share to $23.18. In the past year, the shares have traded as low as $20.01 and as high as $37.87. On average, 140097 shares of TGH exchange hands on a given day and today's volume is recorded at 53022.

Cree Inc (CREE) reported earnings results for the quarter ended June 2011. Earnings came in at $0.2 per share compared to analyst estimates of $0.21 per share. Earnings were unexpectedly -4.76% 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 CREE traded higher by 15.9% or $4.69/share to $34.18. In the past year, the shares have traded as low as $26.60 and as high as $72.85. On average, 3758180 shares of CREE exchange hands on a given day and today's volume is recorded at 4137787.