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Thursday, September 8, 2011

Stocks Report Results: (MIND), (EPM), (FCEL), (LAYN), (LPL)

Mitcham Industries Inc (MIND) reported earnings results for the quarter ended July 2011. Earnings came in at $0.11 per share compared to analyst estimates of $0.1 per share. Earnings beat analyst estimates by 10.0%. 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. Shares of MIND fell by 6.07% or $-1.01/share to $15.62. In the past year, the shares have traded as low as $6.56 and as high as $20.00. On average, 197131 shares of MIND exchange hands on a given day and today's volume is recorded at 37888.

Evolution Petroleum Corp (EPM) announced their most recent earnings results for the quarter ended in June 2011. They reported actual earnings per share of $0.02 when they were expecting earnings to be $0.03 per share. Earnings were unexpectedly -33.33% lower or $-0.01 per share below estimates. 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 EPM traded higher by 1.85% or $0.12/share to $6.61. On average, 89857 shares of EPM exchange hands on a given day and today's volume is recorded at 1950.

Fuelcell Energy Inc (FCEL) announced their most recent earnings results for the quarter ended in July 2011. They reported actual earnings per share of $-0.07 when they were expecting earnings to be $-0.09 per share. Earnings beat analyst estimates by 22.22%. 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 FCEL traded higher by 7.71% or $0.0995/share to $1.39. In the past year, the shares have traded as low as $0.98 and as high as $2.41. On average, 2027460 shares of FCEL exchange hands on a given day and today's volume is recorded at 858711.

Layne Christensen Co (LAYN) reported earnings results for the quarter ended July 2011. Earnings came in at $0.46 per share compared to analyst estimates of $0.46 per share. Actual earnings met the estimated earnings per share. 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. A total of 4 analysts are currently covering this company. Shares of LAYN fell by 3.12% or $-0.82/share to $25.42. In the past year, the shares have traded as low as $23.67 and as high as $38.00. On average, 127535 shares of LAYN exchange hands on a given day and today's volume is recorded at 31034.

Lg Display Co., Ltd (LPL) reported earnings results for the quarter ended June 2011. The company reported $0.03 per share when analysts were expecting earnings of $0.03. 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. A total of 1 analyst is currently covering this company. Shares of LPL fell by 3.61% or $-0.335/share to $8.94. In the past year, the shares have traded as low as $8.30 and as high as $18.92. On average, 1398370 shares of LPL exchange hands on a given day and today's volume is recorded at 83269.