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Saturday, August 6, 2011

Earnings Surprises of the Day: (CNK), (KFT), (OCLS), (PG), (PTIE)

Cinemark Holdings Inc (CNK) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.38 when they were expecting earnings to be $0.41 per share. Earnings were unexpectedly -7.32% lower or $-0.03 per share below estimates. 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 CNK traded higher by 1.67% or $0.3/share to $18.22. In the past year, the shares have traded as low as $14.25 and as high as $22.09. On average, 1203220 shares of CNK exchange hands on a given day and today's volume is recorded at 2101953.

Kraft Foods Inc (KFT) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.58 per share, and the company reported $0.62 per share. Earnings beat expectations by $0.04 per share or 6.9%. 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 17 analysts covering this firm. Investors can look to their reports for more information. Shares of KFT traded higher by 3.23% or $1.09/share to $34.87. In the past year, the shares have traded as low as $28.85 and as high as $36.30. On average, 10111900 shares of KFT exchange hands on a given day and today's volume is recorded at 32605192.

Oculus Innovative Sciences, Inc (OCLS) reported earnings results for the quarter ended June 2011. Analysts were expecting $-0.06 per share, and the company reported $-0.08 per share. Earnings were unexpectedly -33.33% lower or $-0.02 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 OCLS remained unchanged at $1.43. In the past year, the shares have traded as low as $1.33 and as high as $2.65. On average, 63686 shares of OCLS exchange hands on a given day and today's volume is recorded at 91572.

Procter & Gamble Co (PG) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.84 per share compared to analyst estimates of $0.82 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 PG traded higher by 1.7% or $1.01/share to $60.59. In the past year, the shares have traded as low as $59.17 and as high as $67.72. On average, 10295400 shares of PG exchange hands on a given day and today's volume is recorded at 23699412.

Pain Therapeutics Inc (PTIE) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $-0.03 when they were expecting earnings to be $-0.02 per share. Earnings were unexpectedly -50.0% 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 1 analyst is currently covering this company. Shares of PTIE fell by 4.03% or $-0.18/share to $4.29. In the past year, the shares have traded as low as $3.28 and as high as $10.45. On average, 925038 shares of PTIE exchange hands on a given day and today's volume is recorded at 644781.