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Thursday, September 1, 2011

Surprises in Results: (TSE: CM), (CPY), (BFB), (GEF), (LTXC)

Canadian listed Cdn Impl Bk (CM) announced their most recent earnings results for the quarter ended in July 2011. Analysts were expecting $1.8 per share, and the company reported $1.91 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. Shares of CM fell by 0.92% or $-0.7/share to $75.70. In the past year, the shares have traded as low as $67.32 and as high as $85.56. On average, 1539830 shares of CM.TO exchange hands on a given day and today's volume is recorded at 267022.

Cpi Corp (CPY) announced their most recent earnings results for the quarter ended in July 2011. Analysts were expecting $-0.38 per share, and the company reported $-0.75 per share. Earnings missed estimates by an unexpected -97.37% downside surprise. Investors might 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 CPY fell by 2.88% or $-0.25/share to $8.42. In the past year, the shares have traded as low as $8.08 and as high as $31.00. On average, 86438 shares of CPY exchange hands on a given day and today's volume is recorded at 11311.

Brown Forman B (BFB) announced their most recent earnings results for the quarter ended in July 2011. They reported actual earnings per share of $0.81 when they were expecting earnings to be $0.83 per share. Earnings missed estimates by an unexpected -2.41% downside surprise. 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 6 analysts are currently covering this company.

Greif, Inc (GEF) announced their most recent earnings results for the quarter ended in July 2011. The company reported $1.18 per share when analysts were expecting earnings of $1.33. Earnings were unexpectedly -11.28% 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. There are currently 4 analysts covering this firm. Investors can look to their reports for more information. Shares of GEF fell by 11.08% or $-6.19/share to $49.67. In the past year, the shares have traded as low as $48.84 and as high as $67.57. On average, 151979 shares of GEF exchange hands on a given day and today's volume is recorded at 153887.

Ltx-credence Corporation (LTXC) reported earnings results for the quarter ended July 2011. Earnings came in at $0.27 per share compared to analyst estimates of $0.28 per share. Earnings were unexpectedly -3.57% lower than estimated. 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 LTXC fell by 0.44% or $-0.025/share to $5.66. In the past year, the shares have traded as low as $4.98 and as high as $9.83. On average, 601105 shares of LTXC exchange hands on a given day and today's volume is recorded at 173083.