The Toronto-dominion Bank (TD) reported earnings results for the quarter ended October 2011. They reported actual earnings per share of $1.73 when they were expecting earnings to be $1.51 per share. Earnings beat analyst estimates by 14.57%. 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 TD traded higher by 1.27% or $0.9/share to $71.78. In the past year, the shares have traded as low as $64.56 and as high as $89.79. On average, 794870 shares of TD exchange hands on a given day and today's volume is recorded at 115920.
