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Friday, August 5, 2011

Surprises in Results: (GLBL), (THR), (FSTR), (BXC), (ANR)

Global Industries Ltd (GLBL) reported earnings results for the quarter ended June 2011. The company reported $-0.11 per share when analysts were expecting earnings of $-0.04. Actual earnings missed estimated earnings by $-0.07 per share. 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. Shares of GLBL fell by 5.5% or $-0.23/share to $3.95. In the past year, the shares have traded as low as $4.18 and as high as $10.23. On average, 1602210 shares of GLBL exchange hands on a given day and today's volume is recorded at 688581.

Thermon Group Holdings, Inc. Co (THR) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.13 per share, and the company reported $0.2 per share. Earnings beat expectations by $0.07 per share or 53.85%. 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. Shares of THR traded higher by 1.29% or $0.18/share to $14.08. In the past year, the shares have traded as low as $11.05 and as high as $15.30. On average, 231375 shares of THR exchange hands on a given day and today's volume is recorded at 31938.

Lb Foster Co (FSTR) announced their most recent earnings results for the quarter ended in June 2011. Analysts were expecting $0.67 per share, and the company reported $0.61 per share. Actual earnings missed estimated earnings by $-0.06 per share. 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 FSTR fell by 9.86% or $-2.15/share to $19.66. In the past year, the shares have traded as low as $21.78 and as high as $44.06. On average, 52177 shares of FSTR exchange hands on a given day and today's volume is recorded at 88980.

Bluelinx Holdings Inc (BXC) announced their most recent earnings results for the quarter ended in June 2011. The company reported $-0.2 per share when analysts were expecting earnings of $-0.28. Actual earnings beat estimated earnings by $0.08 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. A total of 1 analyst is currently covering this company. Shares of BXC fell by 8.02% or $-0.19/share to $2.18. In the past year, the shares have traded as low as $2.11 and as high as $4.35. On average, 96519 shares of BXC exchange hands on a given day and today's volume is recorded at 67090.

Alpha Natural Resources, Inc (ANR) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.96 when they were expecting earnings to be $1.11 per share. Earnings were unexpectedly -13.51% lower or $-0.15 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. Shares of ANR fell by 3.79% or $-1.26/share to $31.98. In the past year, the shares have traded as low as $33.00 and as high as $68.05. On average, 6825960 shares of ANR exchange hands on a given day and today's volume is recorded at 4118626.