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Friday, December 2, 2011

Company Results Wrapup: (CM), (ULTA), (HRB), (TSE: GIL), (LAVA)

Canadian Imperial Bank Of Commerce (CM) reported earnings results for the quarter ended October 2011. They reported actual earnings per share of $1.81 when they were expecting earnings to be $1.86 per share. Earnings missed estimates by an unexpected -2.69% 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. A total of 6 analysts are currently covering this company. Shares of CM fell by 0.27% or $-0.19/share to $70.81. In the past year, the shares have traded as low as $64.92 and as high as $88.76. On average, 310283 shares of CM exchange hands on a given day and today's volume is recorded at 56007.

Ulta Salon, Cosmetics & Fragrance, Inc (ULTA) reported earnings results for the quarter ended October 2011. The company reported $0.42 per share when analysts were expecting earnings of $0.38. Earnings beat analyst estimates by 10.53%. Investors could 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. Shares of ULTA traded higher by 5.68% or $3.89/share to $72.38. In the past year, the shares have traded as low as $32.01 and as high as $75.69. On average, 1051380 shares of ULTA exchange hands on a given day and today's volume is recorded at 453909.

H&r Block, Inc (HRB) reported earnings results for the quarter ended October 2011. They reported actual earnings per share of $-0.38 when they were expecting earnings to be $-0.35 per share. Earnings were unexpectedly -8.57% 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. A total of 6 analysts are currently covering this company. Shares of HRB fell by 6.79% or $-1.09/share to $14.97. In the past year, the shares have traded as low as $11.43 and as high as $18.00. On average, 3652260 shares of HRB exchange hands on a given day and today's volume is recorded at 1238076.

Canadian listed Gildan Activ (GIL) announced their most recent earnings results for the quarter ended in September 2011. They reported actual earnings per share of $0.42 when they were expecting earnings to be $0.41 per share. Actual earnings beat estimated earnings by $0.01 per share. 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 GIL traded higher by 2.72% or $0.45/share to $16.99. In the past year, the shares have traded as low as $16.54 and as high as $36.47. On average, 564133 shares of GIL.TO exchange hands on a given day and today's volume is recorded at 215073.

Magma Design Automation Inc (LAVA) announced their most recent earnings results for the quarter ended in October 2011. They reported actual earnings per share of $0.06 when they were expecting earnings to be $0.08 per share. Earnings missed estimates by an unexpected -25.0% downside surprise. 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. Shares of LAVA traded higher by 0.84% or $0.06/share to $7.19. In the past year, the shares have traded as low as $4.03 and as high as $8.50. On average, 1456810 shares of LAVA exchange hands on a given day and today's volume is recorded at 1398886.