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Saturday, February 11, 2012

Earnings Surprises of the Day: (BPO), (TSE: IGM), (SRLS), (LH), (RUTH)

Brookfield Properties Corporation (BPO) announced their most recent earnings results for the quarter ended in December 2011. Earnings came in at $0.26 per share compared to analyst estimates of $0.26 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. Shares of BPO fell by 0.11% or $-0.02/share to $17.79. In the past year, the shares have traded as low as $12.80 and as high as $20.07. On average, 1659150 shares of BPO exchange hands on a given day and today's volume is recorded at 1762537.

Canadian listed Igm Finl Inc (IGM) announced their most recent earnings results for the quarter ended in December 2011. Earnings came in at $0.66 per share compared to analyst estimates of $0.75 per share. Earnings were unexpectedly -12.0% lower or $-0.09 per share below estimates. 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 IGM fell by 0.19% or $-0.09/share to $46.16. In the past year, the shares have traded as low as $41.05 and as high as $51.10. On average, 184410 shares of IGM.TO exchange hands on a given day and today's volume is recorded at 88491.

Seracare Life Sciences, Inc (SRLS) announced their most recent earnings results for the quarter ended in December 2011. They reported actual earnings per share of $0.07 when they were expecting earnings to be $0.04 per share. Earnings beat expectations by $0.03 per share or 75.0%. 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. A total of 3 analysts are currently covering this company. Shares of SRLS traded higher by 6.23% or $0.21/share to $3.58. In the past year, the shares have traded as low as $2.58 and as high as $4.48. On average, 27024 shares of SRLS exchange hands on a given day and today's volume is recorded at 36528.

Laboratory Corp. Of America Holdings (LH) announced their most recent earnings results for the quarter ended in December 2011. The company reported $1.56 per share when analysts were expecting earnings of $1.52. Earnings beat expectations by $0.04 per share or 2.63%. 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. A total of 20 analysts are currently covering this company. Shares of LH fell by 2.26% or $-2.08/share to $90.03. In the past year, the shares have traded as low as $74.57 and as high as $100.94. On average, 730423 shares of LH exchange hands on a given day and today's volume is recorded at 2075340.

Ruth's Hospitality Group Inc (RUTH) reported earnings results for the quarter ended December 2011. They reported actual earnings per share of $0.11 when they were expecting earnings to be $0.1 per share. Earnings were 10.0% larger than expected. An upside surprise. 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. A total of 6 analysts are currently covering this company. Shares of RUTH traded higher by 2.67% or $0.16/share to $6.16. In the past year, the shares have traded as low as $3.79 and as high as $7.10. On average, 166161 shares of RUTH exchange hands on a given day and today's volume is recorded at 246874.