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Friday, November 11, 2011

Earnings Results Are In: (GEN), (TSE: QUX), (TSE: WEQ)

Genon Energy, Inc (GEN) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $0.1 when they were expecting earnings to be $0.07 per share. Earnings beat expectations by $0.03 per share or 42.86%. 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 GEN traded higher by 3.72% or $0.1/share to $2.79. In the past year, the shares have traded as low as $2.60 and as high as $4.35. On average, 8944230 shares of GEN exchange hands on a given day and today's volume is recorded at 1914738.

Canadian listed Quadra Fnx Mng (QUX) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $0.28 when they were expecting earnings to be $0.22 per share. Earnings beat expectations by $0.06 per share or 27.27%. 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 QUX traded higher by 0.37% or $0.04/share to $10.99. In the past year, the shares have traded as low as $8.00 and as high as $17.55. On average, 1580400 shares of QUX.TO exchange hands on a given day and today's volume is recorded at 1091023.

Canadian listed Western One Eqt (WEQ) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $0.2 when they were expecting earnings to be $-0.07 per share. Earnings beat expectations by $0.27 per share or 385.71%. 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.