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Friday, October 28, 2011

Earnings Surprises of the Day: (GILD), (OSTK), (CCE), (YAVY), (UAM)

Gilead Sciences Inc (GILD) announced their most recent earnings results for the quarter ended in September 2011. Analysts were expecting $0.96 per share, and the company reported $0.97 per share. Earnings beat analyst estimates by 1.04%. 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. A total of 11 analysts are currently covering this company. Shares of GILD traded higher by 0.9% or $0.3796/share to $42.49. In the past year, the shares have traded as low as $35.26 and as high as $43.49. On average, 8423460 shares of GILD exchange hands on a given day and today's volume is recorded at 1679768.

Overstock.com Inc (OSTK) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $-0.33 when they were expecting earnings to be $-0.23 per share. Earnings missed estimates by an unexpected -43.48% 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. A total of 2 analysts are currently covering this company. Shares of OSTK fell by 0.94% or $-0.09/share to $9.45. In the past year, the shares have traded as low as $8.89 and as high as $17.69. On average, 95492 shares of OSTK exchange hands on a given day and today's volume is recorded at 11562.

Coca-cola Enterprises Inc (CCE) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.72 when they were expecting earnings to be $0.69 per share. Earnings beat expectations by $0.03 per share or 4.35%. 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. A total of 7 analysts are currently covering this company. Shares of CCE traded higher by 1.41% or $0.37/share to $26.60. In the past year, the shares have traded as low as $21.66 and as high as $29.99. On average, 4030950 shares of CCE exchange hands on a given day and today's volume is recorded at 937691.

Yadkin Valley Financial Corp (YAVY) reported earnings results for the quarter ended September 2011. Analysts were expecting $-0.08 per share, and the company reported $0.15 per share. Earnings beat analyst estimates by 287.5%. 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. A total of 5 analysts are currently covering this company. Shares of YAVY fell by 1.06% or $-0.02/share to $1.86. In the past year, the shares have traded as low as $1.43 and as high as $3.00. On average, 16112 shares of YAVY exchange hands on a given day and today's volume is recorded at 6250.

Universal American Corp (UAM) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $0.14 when they were expecting earnings to be $0.09 per share. Earnings were 55.56% larger than expected. An upside surprise. 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 UAM traded higher by 0.7% or $0.08/share to $11.56. In the past year, the shares have traded as low as $8.82 and as high as $23.55. On average, 382105 shares of UAM exchange hands on a given day and today's volume is recorded at 40398.