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Wednesday, November 16, 2011

Surprises in Results: (TSE: CUM), (NVIV), (TSE: CTL), (AVTR), (COV)

Canadian listed Copper Mountain (CUM) reported earnings results for the quarter ended September 2011. The company reported $0.1 per share when analysts were expecting earnings of $0.06. Earnings beat expectations by $0.04 per share or 66.67%. 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 4 analysts are currently covering this company. Shares of CUM fell by 1.1% or $-0.05/share to $4.50. In the past year, the shares have traded as low as $3.41 and as high as $8.15. On average, 783305 shares of CUM.TO exchange hands on a given day and today's volume is recorded at 141795.

Invivo Therapt (NVIV) reported earnings results for the quarter ended September 2011. They reported actual earnings per share of $-0.04 when they were expecting earnings to be $-0.04 per share. Actual earnings met the estimated earnings per share. 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.

Canadian listed Catalyst Paper (CTL) announced their most recent earnings results for the quarter ended in September 2011. The company reported $-0.04 per share when analysts were expecting earnings of $-0.05. Earnings beat expectations by $0.01 per share or 20.0%. 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 4 analysts covering this firm. Investors can look to their reports for more information. Shares of CTL fell by 7.69% or $-0.005/share to $0.06. In the past year, the shares have traded as low as $0.06 and as high as $0.55. On average, 483978 shares of CTL.TO exchange hands on a given day and today's volume is recorded at 68939.

Avatar Holdings Inc (AVTR) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $-0.74 when they were expecting earnings to be $-0.6 per share. Earnings were unexpectedly -23.33% 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 AVTR fell by 0.5% or $-0.04/share to $8.00. In the past year, the shares have traded as low as $7.44 and as high as $22.74. On average, 49895 shares of AVTR exchange hands on a given day and today's volume is recorded at 1971.

Covidien Plc (COV) announced their most recent earnings results for the quarter ended in September 2011. The company reported $1.08 per share when analysts were expecting earnings of $1.05. Earnings were 2.86% 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. A total of 19 analysts are currently covering this company. Shares of COV fell by 1.81% or $-0.87/share to $47.28. In the past year, the shares have traded as low as $41.35 and as high as $57.65. On average, 4248330 shares of COV exchange hands on a given day and today's volume is recorded at 230262.