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Thursday, August 4, 2011

Earnings Surprises of the Day: (PZZA), (AFAM), (BIP), (TSE: FTS), (CCO)

Papa John's International Inc (PZZA) reported earnings results for the quarter ended June 2011. The company reported $0.47 per share when analysts were expecting earnings of $0.47. These earnings are in line with investor expectations. 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. Shares of PZZA traded higher by 0.36% or $0.11/share to $30.77. In the past year, the shares have traded as low as $23.20 and as high as $34.75. On average, 157359 shares of PZZA exchange hands on a given day and today's volume is recorded at 2643.

Almost Family Inc (AFAM) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.66 per share, and the company reported $0.58 per share. Earnings were unexpectedly -12.12% 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 7 analysts are currently covering this company. Shares of AFAM fell by 0.14% or $-0.03/share to $21.89. In the past year, the shares have traded as low as $19.70 and as high as $40.76. On average, 123283 shares of AFAM exchange hands on a given day and today's volume is recorded at 8778.

Brookfield Infrastructure Partners L.p (BIP) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.56 per share, and the company reported $0.65 per share. Earnings were 16.07% larger than expected. An upside surprise. 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. A total of 4 analysts are currently covering this company. Shares of BIP fell by 1.33% or $-0.3529/share to $26.15. In the past year, the shares have traded as low as $16.52 and as high as $27.25. On average, 243686 shares of BIP exchange hands on a given day and today's volume is recorded at 240197.

Canadian listed Fortis Inc (FTS) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.33 when they were expecting earnings to be $0.35 per share. Earnings were unexpectedly -5.71% lower than estimated. Investors could 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 FTS fell by 0.92% or $-0.29/share to $31.37. In the past year, the shares have traded as low as $28.25 and as high as $35.45. On average, 485153 shares of FTS.TO exchange hands on a given day and today's volume is recorded at 185803.

Clear Channel Outdoor Holdings Inc (CCO) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.04 per share, and the company reported $0.07 per share. Earnings beat expectations by $0.03 per share or 75.0%. 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. Shares of CCO fell by 0.9% or $-0.1/share to $11.04. In the past year, the shares have traded as low as $9.86 and as high as $15.47. On average, 196740 shares of CCO exchange hands on a given day and today's volume is recorded at 24632.