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Saturday, August 6, 2011

Stocks Report Results: (BPO), (TSE: CUP), (TSE: MG), (NVAX), (EXEL)

Brookfield Properties Corporation (BPO) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.3 when they were expecting earnings to be $0.26 per share. Actual earnings beat estimated earnings by $0.04 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. Shares of BPO fell by 2.6% or $-0.49/share to $18.33. In the past year, the shares have traded as low as $13.94 and as high as $20.07. On average, 1672420 shares of BPO exchange hands on a given day and today's volume is recorded at 2009689.

Canadian listed Carib Utils (CUP) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $0.19 per share compared to analyst estimates of $0.2 per share. Earnings were unexpectedly -5.0% 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 1 analyst is currently covering this company.

Canadian listed Magna Intl A (MG) announced their most recent earnings results for the quarter ended in June 2011. The company reported $1.08 per share when analysts were expecting earnings of $1.2. Earnings were unexpectedly -10.0% lower or $-0.12 per share below estimates. 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. There are currently 3 analysts covering this firm. Investors can look to their reports for more information.

Novavax, Inc (NVAX) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $-0.04 when they were expecting earnings to be $-0.06 per share. Earnings were 33.33% 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. Shares of NVAX fell by 7.01% or $-0.11/share to $1.46. In the past year, the shares have traded as low as $1.45 and as high as $3.50. On average, 860551 shares of NVAX exchange hands on a given day and today's volume is recorded at 1316064.

Exelixis, Inc (EXEL) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $-0.16 when they were expecting earnings to be $-0.16 per share. 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 EXEL fell by 3.42% or $-0.27/share to $7.62. In the past year, the shares have traded as low as $2.86 and as high as $12.82. On average, 1504500 shares of EXEL exchange hands on a given day and today's volume is recorded at 1292185.