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Friday, November 4, 2011

Earnings Beats & Misses: (DVA), (BLDP), (CNVO), (TSE: BCE), (TSE: MFC)

Davita, Inc (DVA) announced their most recent earnings results for the quarter ended in September 2011. The company reported $1.45 per share when analysts were expecting earnings of $1.46. Actual earnings missed estimated earnings by $-0.01 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. There are currently 12 analysts covering this firm. Investors can look to their reports for more information. Shares of DVA fell by 0.64% or $-0.47/share to $73.05. In the past year, the shares have traded as low as $59.61 and as high as $89.76. On average, 1500870 shares of DVA exchange hands on a given day and today's volume is recorded at 620584.

Ballard Power Systems Inc (BLDP) reported earnings results for the quarter ended September 2011. The company reported $-0.09 per share when analysts were expecting earnings of $-0.08. Earnings missed estimates by an unexpected -12.5% downside surprise. Investors might 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 4 analysts are currently covering this company. Shares of BLDP fell by 2.31% or $-0.0324/share to $1.37. In the past year, the shares have traded as low as $1.11 and as high as $2.51. On average, 130170 shares of BLDP exchange hands on a given day and today's volume is recorded at 41631.

Convio, Inc (CNVO) reported earnings results for the quarter ended September 2011. The company reported $0.09 per share when analysts were expecting earnings of $0.06. Actual earnings beat estimated earnings by $0.03 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. Shares of CNVO fell by 5.01% or $-0.51/share to $9.66. In the past year, the shares have traded as low as $7.01 and as high as $13.00. On average, 64477 shares of CNVO exchange hands on a given day and today's volume is recorded at 3065.

Canadian listed Bce Inc (BCE) announced their most recent earnings results for the quarter ended in September 2011. Earnings came in at $0.92 per share compared to analyst estimates of $0.74 per share. Earnings beat expectations by $0.18 per share or 24.32%. 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. Shares of BCE fell by 0.18% or $-0.07/share to $39.42. In the past year, the shares have traded as low as $32.64 and as high as $39.65. On average, 1781770 shares of BCE.TO exchange hands on a given day and today's volume is recorded at 410700.

Canadian listed Manulife Fin (MFC) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $-0.73 when they were expecting earnings to be $-0.41 per share. Earnings were unexpectedly -78.05% 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 MFC fell by 2.06% or $-0.27/share to $12.84. In the past year, the shares have traded as low as $10.95 and as high as $19.29. On average, 6032470 shares of MFC.TO exchange hands on a given day and today's volume is recorded at 1662786.