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Wednesday, August 3, 2011

Stock Earning Reports: (RDC), (CHTR), (NI), (CFNB), (TECH)

Rowan Companies Inc (RDC) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.38 when they were expecting earnings to be $0.33 per share. Earnings were 15.15% larger than expected. An upside surprise. 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. A total of 15 analysts are currently covering this company. Shares of RDC fell by 3.08% or $-1.195/share to $37.58. In the past year, the shares have traded as low as $24.36 and as high as $44.83. On average, 2400770 shares of RDC exchange hands on a given day and today's volume is recorded at 860768.

Charter Communications Inc (CHTR) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.23 per share, and the company reported $-0.67 per share. Earnings were unexpectedly -391.3% lower or $-0.9 per share below estimates. 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 4 analysts are currently covering this company. Shares of CHTR fell by 4.3% or $-2.29/share to $50.99. In the past year, the shares have traded as low as $31.36 and as high as $61.15. On average, 453783 shares of CHTR exchange hands on a given day and today's volume is recorded at 820872.

Nisource Inc (NI) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.17 when they were expecting earnings to be $0.14 per share. Actual earnings beat estimated earnings by $0.03 per share. 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. There are currently 8 analysts covering this firm. Investors can look to their reports for more information. Shares of NI traded higher by 1.39% or $0.28/share to $20.40. In the past year, the shares have traded as low as $16.32 and as high as $21.37. On average, 3069520 shares of NI exchange hands on a given day and today's volume is recorded at 5761912.

California First National Bancorp (CFNB) 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 $0.29. Earnings were unexpectedly -17.24% 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. Shares of CFNB fell by 1.57% or $-0.24/share to $15.07. In the past year, the shares have traded as low as $12.29 and as high as $16.76. On average, 2320 shares of CFNB exchange hands on a given day and today's volume is recorded at 1981.

Techne Corp (TECH) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.76 when they were expecting earnings to be $0.78 per share. Earnings missed estimates by an unexpected -2.56% downside surprise. 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 5 analysts are currently covering this company. Shares of TECH fell by 3.13% or $-2.3811/share to $73.68. In the past year, the shares have traded as low as $57.50 and as high as $86.43. On average, 127231 shares of TECH exchange hands on a given day and today's volume is recorded at 29389.