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Saturday, November 5, 2011

Surprises in Results: (BPO), (TGH), (ZEUS), (MFLX), (ALJ)

Brookfield Properties Corporation (BPO) reported earnings results for the quarter ended September 2011. Analysts were expecting $0.28 per share, and the company reported $0.3 per share. Earnings beat expectations by $0.02 per share or 7.14%. 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. A total of 12 analysts are currently covering this company. Shares of BPO fell by 1.13% or $-0.19/share to $16.56. In the past year, the shares have traded as low as $13.38 and as high as $20.07. On average, 2915150 shares of BPO exchange hands on a given day and today's volume is recorded at 2699146.

Textainer Group Holdings Limited (TGH) reported earnings results for the quarter ended September 2011. Earnings came in at $0.99 per share compared to analyst estimates of $0.85 per share. Earnings were 16.47% larger than expected. An upside surprise. 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 TGH traded higher by 1.37% or $0.38/share to $28.08. In the past year, the shares have traded as low as $20.01 and as high as $37.87. On average, 130165 shares of TGH exchange hands on a given day and today's volume is recorded at 115102.

Olympic Steel Inc (ZEUS) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.45 when they were expecting earnings to be $0.41 per share. Earnings beat expectations by $0.04 per share or 9.76%. Investors might 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. There are currently 4 analysts covering this firm. Investors can look to their reports for more information. Shares of ZEUS traded higher by 3.62% or $0.79/share to $22.62. In the past year, the shares have traded as low as $15.20 and as high as $35.00. On average, 68698 shares of ZEUS exchange hands on a given day and today's volume is recorded at 72570.

Multi-fineline Electronix Inc (MFLX) reported earnings results for the quarter ended September 2011. The company reported $0.18 per share when analysts were expecting earnings of $0.33. Earnings were unexpectedly -45.45% lower or $-0.15 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. Shares of MFLX fell by 18.04% or $-4.24/share to $19.26. In the past year, the shares have traded as low as $17.03 and as high as $29.99. On average, 58679 shares of MFLX exchange hands on a given day and today's volume is recorded at 223646.

Alon Usa Energy, Inc (ALJ) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.63 when they were expecting earnings to be $0.49 per share. Earnings beat expectations by $0.14 per share or 28.57%. 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 ALJ traded higher by 46.48% or $3.63/share to $11.44. In the past year, the shares have traded as low as $5.16 and as high as $15.58. On average, 353327 shares of ALJ exchange hands on a given day and today's volume is recorded at 2148493.