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Wednesday, August 24, 2011

Surprises in Results: (AVGO), (BLD), (DAKT), (DPSI), (ORCT)

Avago Technologies Limited (AVGO) announced their most recent earnings results for the quarter ended in July 2011. Earnings came in at $0.65 per share compared to analyst estimates of $0.61 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. There are currently 7 analysts covering this firm. Investors can look to their reports for more information. Shares of AVGO traded higher by 11.0% or $3.22/share to $32.48. In the past year, the shares have traded as low as $18.41 and as high as $39.45. On average, 2771330 shares of AVGO exchange hands on a given day and today's volume is recorded at 1588767.

Baldwin Technology Co. Inc (BLD) reported earnings results for the quarter ended June 2011. The company reported $-0.55 per share when analysts were expecting earnings of $-0.01. Earnings were unexpectedly -5400.0% lower or $-0.54 per share below estimates. 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. A total of 1 analyst is currently covering this company. Shares of BLD remained unchanged at $1.00. In the past year, the shares have traded as low as $0.83 and as high as $1.80. On average, 21531 shares of BLD exchange hands on a given day and today's volume is recorded at 20000.

Daktronics Inc (DAKT) announced their most recent earnings results for the quarter ended in July 2011. They reported actual earnings per share of $0.08 when they were expecting earnings to be $0.11 per share. Earnings were unexpectedly -27.27% lower or $-0.03 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. A total of 5 analysts are currently covering this company. Shares of DAKT fell by 0.33% or $-0.03/share to $9.04. In the past year, the shares have traded as low as $7.98 and as high as $17.30. On average, 207157 shares of DAKT exchange hands on a given day and today's volume is recorded at 17203.

Decisionpoint (DPSI) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $-0.47 when they were expecting earnings to be $0.01 per share. Actual earnings missed estimated earnings by $-0.48 per share. 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.

Orckit Communications Ltd (ORCT) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $-0.22 per share compared to analyst estimates of $-0.23 per share. Earnings beat expectations by $0.01 per share or 4.35%. 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 3 analysts are currently covering this company. Shares of ORCT fell by 2.67% or $-0.04/share to $1.46. In the past year, the shares have traded as low as $1.33 and as high as $4.05. On average, 26954 shares of ORCT exchange hands on a given day and today's volume is recorded at 500.