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Thursday, October 6, 2011

Earnings Results Are In: (ELRC), (MAR), (RT)

Electro Rent Corp (ELRC) announced their most recent earnings results for the quarter ended in August 2011. The company reported $0.22 per share when analysts were expecting earnings of $0.24. Actual earnings missed estimated earnings by $-0.02 per share. Investors might 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 1 analyst is currently covering this company. Shares of ELRC fell by 0.91% or $-0.13/share to $14.14. In the past year, the shares have traded as low as $12.64 and as high as $17.98. On average, 59868 shares of ELRC exchange hands on a given day and today's volume is recorded at 500.

Marriott International, Inc (MAR) announced their most recent earnings results for the quarter ended in September 2011. Earnings came in at $0.29 per share compared to analyst estimates of $0.27 per share. Earnings were 7.41% larger than expected. An upside surprise. 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. There are currently 20 analysts covering this firm. Investors can look to their reports for more information. Shares of MAR traded higher by 0.18% or $0.05/share to $28.23. In the past year, the shares have traded as low as $25.49 and as high as $42.78. On average, 6188250 shares of MAR exchange hands on a given day and today's volume is recorded at 1136894.

Ruby Tuesday, Inc (RT) reported earnings results for the quarter ended August 2011. They reported actual earnings per share of $0.05 when they were expecting earnings to be $0.05 per share. 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 7 analysts are currently covering this company. Shares of RT traded higher by 0.84% or $0.06/share to $7.22. In the past year, the shares have traded as low as $6.56 and as high as $15.57. On average, 911720 shares of RT exchange hands on a given day and today's volume is recorded at 521260.