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Wednesday, November 16, 2011

Earnings Surprises of the Day: (VIT), (TSEM), (TSE: STP), (TSE: TAO), (PMBC)

Vanceinfo Technologies Inc (VIT) reported earnings results for the quarter ended September 2011. Analysts were expecting $0.16 per share, and the company reported $0.09 per share. Earnings missed estimates by an unexpected -43.75% downside surprise. 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 VIT fell by 0.58% or $-0.06/share to $10.30. In the past year, the shares have traded as low as $6.41 and as high as $41.06. On average, 1138340 shares of VIT exchange hands on a given day and today's volume is recorded at 211871.

Tower Semiconductor Ltd (TSEM) reported earnings results for the quarter ended September 2011. The company reported $0.0 per share when analysts were expecting earnings of $0.15. Earnings missed estimates by an unexpected -100.0% 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. Shares of TSEM fell by 6.49% or $-0.05/share to $0.72. In the past year, the shares have traded as low as $0.62 and as high as $1.54. On average, 359288 shares of TSEM exchange hands on a given day and today's volume is recorded at 192487.

Canadian listed Southern Pac Rs (STP) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $0.0 when they were expecting earnings to be $-0.01 per share. Earnings were 100.0% larger than expected. An upside surprise. 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 STP remained unchanged at $1.39. In the past year, the shares have traded as low as $1.00 and as high as $1.95. On average, 709647 shares of STP.TO exchange hands on a given day and today's volume is recorded at 68142.

Canadian listed Tag Oil Ltd (TAO) announced their most recent earnings results for the quarter ended in September 2011. Analysts were expecting $0.03 per share, and the company reported $0.02 per share. Earnings were unexpectedly -33.33% lower or $-0.01 per share below estimates. 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. There are currently 2 analysts covering this firm. Investors can look to their reports for more information.

Pacific Mercantile Bancorp (PMBC) announced their most recent earnings results for the quarter ended in September 2011. The company reported $0.06 per share when analysts were expecting earnings of $0.08. Earnings were unexpectedly -25.0% lower or $-0.02 per share below estimates. Investors could 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. A total of 1 analyst is currently covering this company. Shares of PMBC traded higher by 2.01% or $0.06/share to $3.05. In the past year, the shares have traded as low as $2.79 and as high as $4.92. On average, 18474 shares of PMBC exchange hands on a given day and today's volume is recorded at 550.