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Thursday, October 20, 2011

Earnings Beats & Misses: (OFLX), (CRUS), (SYK), (UTX), (NTRS)

Omegaflex, Inc (OFLX) reported earnings results for the quarter ended September 2011. Earnings came in at $0.1 per share compared to analyst estimates of $0.13 per share. Actual earnings missed estimated earnings by $-0.03 per share. 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. A total of 1 analyst is currently covering this company. Shares of OFLX fell by 3.37% or $-0.35/share to $10.05. In the past year, the shares have traded as low as $10.40 and as high as $18.21. On average, 9565 shares of OFLX exchange hands on a given day and today's volume is recorded at 3954.

Cirrus Logic Inc (CRUS) reported earnings results for the quarter ended September 2011. Analysts were expecting $0.3 per share, and the company reported $0.27 per share. Earnings missed estimates by an unexpected -10.0% 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. There are currently 3 analysts covering this firm. Investors can look to their reports for more information. Shares of CRUS fell by 16.52% or $-2.81/share to $14.20. In the past year, the shares have traded as low as $12.39 and as high as $25.48. On average, 2681600 shares of CRUS exchange hands on a given day and today's volume is recorded at 1384260.

Stryker Corp (SYK) reported earnings results for the quarter ended September 2011. The company reported $0.91 per share when analysts were expecting earnings of $0.89. Earnings beat expectations by $0.02 per share or 2.25%. 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 26 analysts are currently covering this company. Shares of SYK fell by 1.48% or $-0.73/share to $48.68. In the past year, the shares have traded as low as $43.73 and as high as $65.21. On average, 2849600 shares of SYK exchange hands on a given day and today's volume is recorded at 338043.

United Technologies Corp (UTX) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $1.49 when they were expecting earnings to be $1.44 per share. Actual earnings beat estimated earnings by $0.05 per share. 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. There are currently 17 analysts covering this firm. Investors can look to their reports for more information. Shares of UTX traded higher by 0.7% or $0.515/share to $73.78. In the past year, the shares have traded as low as $67.12 and as high as $91.83. On average, 6337020 shares of UTX exchange hands on a given day and today's volume is recorded at 248140.

Northern Trust Corporation (NTRS) reported earnings results for the quarter ended September 2011. Analysts were expecting $0.7 per share, and the company reported $0.72 per share. Earnings beat analyst estimates by 2.86%. 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. There are currently 16 analysts covering this firm. Investors can look to their reports for more information. Shares of NTRS traded higher by 0.58% or $0.22/share to $38.15. In the past year, the shares have traded as low as $33.51 and as high as $56.86. On average, 2920990 shares of NTRS exchange hands on a given day and today's volume is recorded at 72580.