Earnings Surprises of the Day: (KLIC)

Kulicke & Soffa Industries Inc (KLIC) reported earnings results for the quarter ended June 2011. The company reported $0.97 per share when analysts were expecting earnings of $0.85. Earnings were 14.12% 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. There are currently 3 analysts covering this firm. Investors can look to their reports for more information. Shares of KLIC fell by 0.35% or $-0.03/share to $8.60. In the past year, the shares have traded as low as $5.27 and as high as $12.72. On average, 2212210 shares of KLIC exchange hands on a given day and today's volume is recorded at 566456.