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Wednesday, October 26, 2011

Company Results Wrapup: (TECH), (FBMI), (AGCO), (CRDN), (PNRA)

Techne Corp (TECH) announced their most recent earnings results for the quarter ended in September 2011. Earnings came in at $0.81 per share compared to analyst estimates of $0.82 per share. Earnings missed estimates by an unexpected -1.22% 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. Shares of TECH fell by 2.81% or $-1.96/share to $67.85. In the past year, the shares have traded as low as $58.60 and as high as $86.43. On average, 113418 shares of TECH exchange hands on a given day and today's volume is recorded at 16200.

Firstbank Corporation (FBMI) announced their most recent earnings results for the quarter ended in September 2011. The company reported $0.15 per share when analysts were expecting earnings of $0.07. Earnings beat expectations by $0.08 per share or 114.29%. 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 FBMI remained unchanged at $4.85. In the past year, the shares have traded as low as $4.27 and as high as $7.51. On average, 5218 shares of FBMI exchange hands on a given day and today's volume is recorded at 0.

Agco Corporation (AGCO) reported earnings results for the quarter ended September 2011. Earnings came in at $0.87 per share compared to analyst estimates of $0.75 per share. Earnings beat analyst estimates by 16.0%. 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. A total of 10 analysts are currently covering this company. Shares of AGCO traded higher by 1.71% or $0.7/share to $41.66. In the past year, the shares have traded as low as $32.28 and as high as $59.81. On average, 2090000 shares of AGCO exchange hands on a given day and today's volume is recorded at 518688.

Ceradyne Inc (CRDN) reported earnings results for the quarter ended September 2011. The company reported $0.84 per share when analysts were expecting earnings of $0.75. Earnings were 12.0% larger than expected. An upside surprise. 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. Shares of CRDN traded higher by 0.66% or $0.22/share to $33.34. In the past year, the shares have traded as low as $22.35 and as high as $53.56. On average, 258091 shares of CRDN exchange hands on a given day and today's volume is recorded at 41796.

Panera Bread Co (PNRA) reported earnings results for the quarter ended September 2011. The company reported $0.97 per share when analysts were expecting earnings of $0.94. Earnings beat expectations by $0.03 per share or 3.19%. 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. There are currently 20 analysts covering this firm. Investors can look to their reports for more information. Shares of PNRA traded higher by 14.99% or $17.35/share to $133.07. In the past year, the shares have traded as low as $87.08 and as high as $133.43. On average, 644338 shares of PNRA exchange hands on a given day and today's volume is recorded at 1319983.