Canadian listed Royal Bk Cn (RY) announced their most recent earnings results for the quarter ended in July 2011. Analysts were expecting $1.09 per share, and the company reported $1.04 per share. Earnings missed estimates by an unexpected -4.59% downside surprise. 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 RY fell by 3.51% or $-1.78/share to $48.98. In the past year, the shares have traded as low as $47.91 and as high as $61.53. On average, 3399800 shares of RY.TO exchange hands on a given day and today's volume is recorded at 9362444.
Madison Square Garden, Inc (MSG) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.11 when they were expecting earnings to be $0.12 per share. Actual earnings missed estimated earnings by $-0.01 per share. 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 5 analysts are currently covering this company. Shares of MSG traded higher by 1.31% or $0.3/share to $23.14. In the past year, the shares have traded as low as $19.07 and as high as $30.21. On average, 353351 shares of MSG exchange hands on a given day and today's volume is recorded at 394127.
