Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, October 27, 2011

Stocks Report Results: (ALR)

Alere Inc (ALR) announced their most recent earnings results for the quarter ended in September 2011. Analysts were expecting $0.52 per share, and the company reported $0.63 per share. Earnings beat expectations by $0.11 per share or 21.15%. 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 4 analysts are currently covering this company. Shares of ALR traded higher by 4.18% or $1.01/share to $25.19. In the past year, the shares have traded as low as $18.46 and as high as $41.18. On average, 1124650 shares of ALR exchange hands on a given day and today's volume is recorded at 324978.