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Wednesday, February 1, 2012

Hot Off The Press: (FBNC), (TYC)

First Bancorp (FBNC) announced their most recent earnings results for the quarter ended in December 2011. Earnings came in at $0.01 per share compared to analyst estimates of $0.12 per share. Earnings were unexpectedly -91.67% lower than estimated. 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. There are currently 5 analysts covering this firm. Investors can look to their reports for more information. Shares of FBNC fell by 2.32% or $-0.27/share to $11.37. In the past year, the shares have traded as low as $8.05 and as high as $15.42. On average, 38550 shares of FBNC exchange hands on a given day and today's volume is recorded at 17320.

Tyco International Ltd (TYC) reported earnings results for the quarter ended December 2011. Analysts were expecting $0.79 per share, and the company reported $0.84 per share. Earnings beat expectations by $0.05 per share or 6.33%. 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 TYC traded higher by 1.41% or $0.72/share to $51.67. In the past year, the shares have traded as low as $37.39 and as high as $53.38. On average, 3019420 shares of TYC exchange hands on a given day and today's volume is recorded at 961520.