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Wednesday, November 16, 2011

Company Earnings News: (ENER), (AOB), (TROX), (NGL), (CVVT)

Energy Conversion Devices, Inc (ENER) announced their most recent earnings results for the quarter ended in September 2011. Analysts were expecting $-0.41 per share, and the company reported $-0.46 per share. Earnings were unexpectedly -12.2% lower than estimated. 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. Shares of ENER traded higher by 0.63% or $0.0019/share to $0.30. In the past year, the shares have traded as low as $0.28 and as high as $5.38. On average, 876717 shares of ENER exchange hands on a given day and today's volume is recorded at 42403.

American Oriental Bioengineering Inc (AOB) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.08 when they were expecting earnings to be $0.05 per share. Earnings beat expectations by $0.03 per share or 60.0%. 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 AOB remained unchanged at $0.81. In the past year, the shares have traded as low as $0.57 and as high as $2.57. On average, 283848 shares of AOB exchange hands on a given day and today's volume is recorded at 7785.

Tronox Inc (TROX) reported earnings results for the quarter ended September 2011. The company reported $6.25 per share when analysts were expecting earnings of $5.87. Earnings were 6.47% 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 is currently 1 analyst covering this firm. Investors can look to their reports for more information.

Ngl Energy Partners Lp (NGL) announced their most recent earnings results for the quarter ended in September 2011. The company reported $-0.36 per share when analysts were expecting earnings of $0.05. Actual earnings missed estimated earnings by $-0.41 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. Shares of NGL fell by 1.34% or $-0.2871/share to $21.21. In the past year, the shares have traded as low as $18.00 and as high as $24.20. On average, 30111 shares of NGL exchange hands on a given day and today's volume is recorded at 8611.

China Valves Technology, Inc (CVVT) announced their most recent earnings results for the quarter ended in September 2011. Earnings came in at $0.31 per share compared to analyst estimates of $0.4 per share. Earnings were unexpectedly -22.5% lower or $-0.09 per share below estimates. 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. Shares of CVVT fell by 4.83% or $-0.13/share to $2.56. In the past year, the shares have traded as low as $2.01 and as high as $12.64. On average, 184682 shares of CVVT exchange hands on a given day and today's volume is recorded at 38157.