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Friday, August 5, 2011

Hot Off The Press: (SSW), (PMI), (ANAD), (MHK), (WNR)

Seaspan Corp (SSW) announced their most recent earnings results for the quarter ended in June 2011. The company reported $0.27 per share when analysts were expecting earnings of $0.26. Earnings beat analyst estimates by 3.85%. 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 SSW traded higher by 2.37% or $0.27/share to $11.67. In the past year, the shares have traded as low as $10.30 and as high as $21.33. On average, 430503 shares of SSW exchange hands on a given day and today's volume is recorded at 516756.

Pmi Group Inc (PMI) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $-2.06 when they were expecting earnings to be $-0.6 per share. Earnings were unexpectedly -243.33% lower or $-1.46 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. A total of 6 analysts are currently covering this company. Shares of PMI fell by 39.31% or $-0.1612/share to $0.25. In the past year, the shares have traded as low as $0.36 and as high as $4.68. On average, 4944860 shares of PMI exchange hands on a given day and today's volume is recorded at 16895168.

Anadigics, Inc (ANAD) reported earnings results for the quarter ended June 2011. Earnings came in at $-0.18 per share compared to analyst estimates of $-0.2 per share. Earnings were 10.0% 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 4 analysts covering this firm. Investors can look to their reports for more information. Shares of ANAD fell by 8.63% or $-0.24/share to $2.54. In the past year, the shares have traded as low as $2.78 and as high as $8.20. On average, 942642 shares of ANAD exchange hands on a given day and today's volume is recorded at 983699.

Mohawk Industries Inc (MHK) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.95 when they were expecting earnings to be $0.93 per share. Earnings beat expectations by $0.02 per share or 2.15%. 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 13 analysts are currently covering this company. Shares of MHK traded higher by 4.12% or $1.95/share to $49.25. In the past year, the shares have traded as low as $42.61 and as high as $68.86. On average, 641800 shares of MHK exchange hands on a given day and today's volume is recorded at 1364956.

Western Refining Inc (WNR) reported earnings results for the quarter ended June 2011. Analysts were expecting $1.16 per share, and the company reported $0.94 per share. Earnings were unexpectedly -18.97% lower than estimated. 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. A total of 10 analysts are currently covering this company. Shares of WNR fell by 8.12% or $-1.25/share to $14.14. In the past year, the shares have traded as low as $4.01 and as high as $21.75. On average, 3944180 shares of WNR exchange hands on a given day and today's volume is recorded at 3290154.