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Wednesday, November 16, 2011

Stocks Report Results: (IOC), (MOTR), (GENT)

Interoil Corporation (IOC) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $-0.41 when they were expecting earnings to be $0.04 per share. Earnings were unexpectedly -1125.0% lower or $-0.45 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. There are currently 3 analysts covering this firm. Investors can look to their reports for more information. Shares of IOC traded higher by 3.67% or $1.725/share to $48.66. In the past year, the shares have traded as low as $37.90 and as high as $81.98. On average, 768740 shares of IOC exchange hands on a given day and today's volume is recorded at 95853.

Motricity, Inc (MOTR) announced their most recent earnings results for the quarter ended in September 2011. Earnings came in at $-0.33 per share compared to analyst estimates of $-0.15 per share. Earnings were unexpectedly -120.0% 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. Shares of MOTR fell by 1.38% or $-0.02/share to $1.43. In the past year, the shares have traded as low as $1.39 and as high as $31.95. On average, 1284940 shares of MOTR exchange hands on a given day and today's volume is recorded at 117281.

Gentium S.p.a (GENT) reported earnings results for the quarter ended September 2011. Analysts were expecting $0.05 per share, and the company reported $0.02 per share. Earnings were unexpectedly -60.0% lower or $-0.03 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. A total of 2 analysts are currently covering this company. Shares of GENT fell by 1.0% or $-0.06/share to $5.97. In the past year, the shares have traded as low as $5.15 and as high as $13.69. On average, 74806 shares of GENT exchange hands on a given day and today's volume is recorded at 14941.