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Friday, November 4, 2011

Surprises in Results: (HURN), (SQNM), (MEA), (ATK), (PGN)

Huron Consulting Group Inc (HURN) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.74 when they were expecting earnings to be $0.51 per share. Earnings were 45.1% 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 HURN fell by 1.47% or $-0.55/share to $36.97. In the past year, the shares have traded as low as $19.69 and as high as $34.50. On average, 169359 shares of HURN exchange hands on a given day and today's volume is recorded at 16471.

Sequenom Inc (SQNM) reported earnings results for the quarter ended September 2011. Earnings came in at $-0.19 per share compared to analyst estimates of $-0.19 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. There are currently 11 analysts covering this firm. Investors can look to their reports for more information. Shares of SQNM traded higher by 3.3% or $0.145/share to $4.54. In the past year, the shares have traded as low as $4.31 and as high as $8.71. On average, 2142020 shares of SQNM exchange hands on a given day and today's volume is recorded at 1750692.

Metalico Inc (MEA) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $0.06 when they were expecting earnings to be $0.1 per share. Earnings missed estimates by an unexpected -40.0% 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. A total of 2 analysts are currently covering this company. Shares of MEA fell by 1.03% or $-0.04/share to $3.83. In the past year, the shares have traded as low as $3.55 and as high as $6.69. On average, 394577 shares of MEA exchange hands on a given day and today's volume is recorded at 203975.

Alliant Techsystems Inc (ATK) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $2.11 when they were expecting earnings to be $2.04 per share. Earnings were 3.43% 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. There are currently 12 analysts covering this firm. Investors can look to their reports for more information. Shares of ATK fell by 1.9% or $-1.2/share to $61.89. In the past year, the shares have traded as low as $51.26 and as high as $79.96. On average, 261565 shares of ATK exchange hands on a given day and today's volume is recorded at 59902.

Progress Energy Inc (PGN) reported earnings results for the quarter ended September 2011. Analysts were expecting $1.24 per share, and the company reported $1.16 per share. Earnings missed estimates by an unexpected -6.45% 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 PGN fell by 2.03% or $-1.08/share to $52.10. In the past year, the shares have traded as low as $42.05 and as high as $53.29. On average, 1891790 shares of PGN exchange hands on a given day and today's volume is recorded at 764252.