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Wednesday, November 16, 2011

Earnings Results Are In: (EDS), (TSE: MAL), (TSE: PLS), (OSN), (TSE: AZD)

Exceed Company Ltd (EDS) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.81 when they were expecting earnings to be $0.48 per share. Earnings beat expectations by $0.33 per share or 68.75%. Investors could 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 EDS remained unchanged at $5.05. In the past year, the shares have traded as low as $2.83 and as high as $9.36. On average, 25678 shares of EDS exchange hands on a given day and today's volume is recorded at 0.

Canadian listed Magellan Aero (MAL) announced their most recent earnings results for the quarter ended in September 2011. Analysts were expecting $0.11 per share, and the company reported $0.17 per share. Earnings beat analyst estimates by 54.55%. Investors could 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 MAL traded higher by 1.45% or $0.05/share to $3.50. In the past year, the shares have traded as low as $2.60 and as high as $5.63. On average, 6181 shares of MAL.TO exchange hands on a given day and today's volume is recorded at 2200.

Canadian listed Polaris Mineral (PLS) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $-0.07 when they were expecting earnings to be $-0.05 per share. Earnings were unexpectedly -40.0% lower or $-0.02 per share below estimates. 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 2 analysts are currently covering this company. Shares of PLS traded higher by 4.55% or $0.01/share to $0.23. In the past year, the shares have traded as low as $0.45 and as high as $1.89. On average, 151406 shares of PLS.TO exchange hands on a given day and today's volume is recorded at 38000.

Ossen Innovation Co., Ltd (OSN) reported earnings results for the quarter ended September 2011. Earnings came in at $0.1 per share compared to analyst estimates of $0.23 per share. Earnings were unexpectedly -56.52% lower than estimated. 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 1 analyst is currently covering this company. Shares of OSN traded higher by 2.16% or $0.019/share to $0.90. In the past year, the shares have traded as low as $0.87 and as high as $6.11. On average, 17882 shares of OSN exchange hands on a given day and today's volume is recorded at 67300.

Canadian listed Azure Dynamics (AZD) reported earnings results for the quarter ended September 2011. Analysts were expecting $-0.01 per share, and the company reported $-0.01 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. Shares of AZD fell by 5.26% or $-0.005/share to $0.09. In the past year, the shares have traded as low as $0.11 and as high as $0.41. On average, 584592 shares of AZD.TO exchange hands on a given day and today's volume is recorded at 450300.