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Friday, September 30, 2011

Earnings Results Are In: (BOPH)

Bohai Pharmact (BOPH) reported earnings results for the quarter ended June 2011. They reported actual earnings per share of $0.17 when they were expecting earnings to be $0.06 per share. Actual earnings beat estimated earnings by $0.11 per share. 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 2 analysts are currently covering this company.