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Friday, August 5, 2011

Earnings Surprises of the Day: (TSE: HCG), (SPPI), (MITI), (CNQ), (POM)

Canadian listed Home Cap Grp -b (HCG) announced their most recent earnings results for the quarter ended in June 2011. The company reported $1.38 per share when analysts were expecting earnings of $1.34. Earnings were 2.99% larger than expected. An upside surprise. 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. Shares of HCG fell by 0.4% or $-0.2/share to $50.25. In the past year, the shares have traded as low as $42.00 and as high as $60.00. On average, 56516 shares of HCG.TO exchange hands on a given day and today's volume is recorded at 1672.

Spectrum Pharmaceuticals, Inc (SPPI) reported earnings results for the quarter ended June 2011. Earnings came in at $0.13 per share compared to analyst estimates of $0.13 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. A total of 5 analysts are currently covering this company. Shares of SPPI fell by 0.11% or $-0.01/share to $9.11. In the past year, the shares have traded as low as $3.70 and as high as $11.36. On average, 1711210 shares of SPPI exchange hands on a given day and today's volume is recorded at 182028.

Micromet, Inc (MITI) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $-0.19 when they were expecting earnings to be $-0.21 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. A total of 8 analysts are currently covering this company. Shares of MITI traded higher by 1.43% or $0.07/share to $4.97. In the past year, the shares have traded as low as $4.75 and as high as $8.63. On average, 823592 shares of MITI exchange hands on a given day and today's volume is recorded at 77258.

Canadian Natural Resources Limited (CNQ) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.79 per share compared to analyst estimates of $0.49 per share. Earnings beat analyst estimates by 61.22%. 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. Shares of CNQ traded higher by 1.06% or $0.39/share to $37.27. In the past year, the shares have traded as low as $30.00 and as high as $52.04. On average, 3463020 shares of CNQ exchange hands on a given day and today's volume is recorded at 239180.

Pepco Holdings, Inc (POM) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.42 per share compared to analyst estimates of $0.31 per share. Actual earnings beat estimated earnings by $0.11 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. A total of 6 analysts are currently covering this company. Shares of POM traded higher by 1.73% or $0.31/share to $18.18. In the past year, the shares have traded as low as $16.97 and as high as $20.36. On average, 1888760 shares of POM exchange hands on a given day and today's volume is recorded at 244729.