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Wednesday, August 10, 2011

Earnings Surprises of the Day: (WPC), (TC), (NUAN), (TSE: RIC), (PGNX)

W. P. Carey & Co. Llc (WPC) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $1.29 per share, and the company reported $1.81 per share. Earnings beat analyst estimates by 40.31%. 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 is currently 1 analyst covering this firm. Investors can look to their reports for more information. Shares of WPC fell by 1.74% or $-0.67/share to $37.87. In the past year, the shares have traded as low as $27.86 and as high as $42.72. On average, 61089 shares of WPC exchange hands on a given day and today's volume is recorded at 68988.

Thompson Creek Metals Company Inc (TC) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.33 per share when analysts were expecting earnings of $0.28. Earnings were 17.86% 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 7 analysts covering this firm. Investors can look to their reports for more information. Shares of TC fell by 7.17% or $-0.57/share to $7.38. In the past year, the shares have traded as low as $7.05 and as high as $27.09. On average, 2447190 shares of TC exchange hands on a given day and today's volume is recorded at 1889460.

Nuance Communications, Inc (NUAN) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.24 per share when analysts were expecting earnings of $0.23. Earnings beat analyst estimates by 4.35%. 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. There are currently 7 analysts covering this firm. Investors can look to their reports for more information. Shares of NUAN traded higher by 6.75% or $1.13/share to $17.88. In the past year, the shares have traded as low as $14.55 and as high as $22.93. On average, 2044830 shares of NUAN exchange hands on a given day and today's volume is recorded at 2044381.

Canadian listed Richmont Mne (RIC) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.16 per share, and the company reported $0.15 per share. Earnings missed estimates by an unexpected -6.25% downside surprise. 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. A total of 2 analysts are currently covering this company. Shares of RIC traded higher by 1.02% or $0.08/share to $7.92. In the past year, the shares have traded as low as $4.28 and as high as $9.75. On average, 80594 shares of RIC.TO exchange hands on a given day and today's volume is recorded at 13080.

Progenics Pharmaceuticals Inc (PGNX) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $1.64 when they were expecting earnings to be $-0.25 per share. Earnings beat expectations by $1.89 per share or 756.0%. 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 PGNX fell by 4.66% or $-0.27/share to $5.52. In the past year, the shares have traded as low as $4.00 and as high as $8.69. On average, 107360 shares of PGNX exchange hands on a given day and today's volume is recorded at 21430.