Companies Exceeding Analyst Earnings Estimates in Latest Releases

Following is some information on earnings surprises announced for the third quarter of 2011. The following companies announced earnings on November 3rd.

  • Niska Gas Storage Partners LLC (NYSE:NKA): This company reported earnings per share of $0.41 against consensus expectations of $0.02, for a surprise of 1,950.00%. About the company: Niska Gas Storage Partners LLC is an independent owner and operator of natural gas storage assets in North America. The Company stores natural gas for a broad range of customers, including financial institutions, marketers, pipelines, power generators, utilities and producers of natural gas.
  • Penn West Petroleum Ltd (NYSE:PWE): This company reported earnings per share of $0.29 against consensus expectations of $0.02, for a surprise of 1,350.00%. About the company: Penn West Energy Trust is a conventional oil and natural gas producing income trust . The Company is also involved with exploration, development, and operating activities focused in western Canada.
  • Petroleum Development Corporati (NASDAQ:PETD): This company reported earnings per share of $0.28 against consensus expectations of $0.03, for a surprise of 833.33%. About the company: Petroleum Development Corporation is an oil and gas company with drilling and production operations in the Rocky Mountains, the Appalachian Basin, and Michigan. The Company’s drilling operations are focused on shallow Rocky Mountain gas prospects. Petroleum Development also sponsors publicly registered drilling programs and owns an Appalachian Basin natural gas marketing company.
  • Alpha Natural Resources, inc.  (NYSE:ANR): This company reported earnings per share of $0.35 against consensus expectations of $0.04, for a surprise of 775.00%. About the company: Alpha Natural Resources, Inc. extracts, processes, and markets steam and metallurgical coal. The Company conducts operations from surface and underground mines located in the northern and central Appalachian regions and Colorado, all located in the United States. Alpha Natural Resources markets its coal to electric utilities, steel and other industrial producers.
  • Retail Opportunity Investments (NASDAQ:ROIC): This company reported earnings per share of $0.06 against consensus expectations of ($0.01), for a surprise of 700.00%. About the company: Retail Opportunity Investments Corp. is a real estate company. The Company intends to qualify as a REIT for U.S. federal incoming tax purposes and that expects to invest in, acquire, own, lease, reposition and manage a diverse portfolio of necessity-based retail properties, including, primarily, community and neighborhood shopping centers. The company will file for REIT status 2010.
  • Caliper Life Sciences Inc (NASDAQ:CALP): This company reported earnings per share of $0.03 against consensus expectations of ($0.01), for a surprise of 400.00%. About the company: Caliper Life Sciences, Inc. develops and sells innovative and enabling products and services to the life sciences research community, a customer base that includes pharmaceutical and biotechnology companies, and government and other not-for-profit research.
  • Lionbridge Technologies, Inc. (NASDAQ:LIOX): This company reported earnings per share of $0.04 against consensus expectations of $0.01, for a surprise of 300.00%. About the company: Lionbridge Technologies, Inc. provides globalization and multilingual Internet services to technology companies worldwide. The Company’s software, test, Web, and linguistic engineering groups create and maintain multilingual versions of its clients’ software and hardware, as well as Web-based technical support, training materials, and sales and marketing information.
  • Denison Mines Corp Ordinary Sha (AMEX:DNN): This company reported earnings per share of $0.04 against consensus expectations of ($0.02), for a surprise of 300.00%. About the company: Denison Mines Corporation explores and produces uranium concentrates. The Company holds interest in properties in the United States, Canada, and Mongolia. Denison also has a mining project in Zambia.
  • Global Partners LP Global Partn (NYSE:GLP): This company reported earnings per share of $0.16 against consensus expectations of ($0.11), for a surprise of 245.45%. About the company: Global Partners LP owns, controls or has access to a terminal network of refined petroleum products in New England, located in the United States. The Company is a wholesale distributor of distillates such as home heating oil, gasoline, and residual oil. Global Partners serves wholesalers, retailers, and commercial customers.
  • Openwave Systems Inc (NASDAQ:OPWV): This company reported earnings per share of $0.11 against consensus expectations of ($0.08), for a surprise of 237.50%. About the company: Openwave Systems Inc. provides open Internet-based communication infrastructure software and applications. The Company’s customers are wireless network operators, wireline carriers, Internet service providers, and broadband network providers. Openwave offers wireless Internet infrastructure and browsers, unified messaging, mobile email, directory service, and voice processing.

(Note: Data about the companies’ earnings are sourced from Yahoo! Finance. All data are assumed to be accurate.)

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