Third Quarter Stock Winners

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

  • Alon USA Energy, Inc. (NYSE:ALJ): This company reported earnings per share of $0.70 against consensus expectations of $0.49, for a surprise of 42.86%. About the company: Alon USA Energy, Inc. refines and markets oil, operates pipelines, and operates convenience stores. The Company operates a sour crude oil refinery and pipeline, markets gasoline and diesel fuel to retailers, markets unbranded gasoline and diesel and jet fuels, supplies asphalt in West Texas, New Mexico and Arizona, and operates convenience stores in West Texas and New Mexico.
  • Interval Leisure Group, Inc. (NASDAQ:IILG): This company reported earnings per share of $0.20 against consensus expectations of $0.14, for a surprise of 42.86%. About the company: Interval Leisure Group, Inc. provides membership services to the vacation ownership industry. The Company makes available vacation ownership membership services to individual members of its exchange networks, which allows such members to exchange the use and occupancy of their vacation interest for other accommodations at the same or another participating resort.
  • Cambrex Corporation (NYSE:CBM): This company reported earnings per share of $0.10 against consensus expectations of $0.07, for a surprise of 42.86%. About the company: Cambrex Corp. supplies products, services, and technologies for the Life Sciences and fine chemicals industry. The Company builds platforms for use in manufacturing small molecule Active Pharmaceutical Ingredients (APIs) and pharmaceutical intermediates including drug delivery. Cambrex’s services include process & analytical development, scale-up in addition to generic APIs.
  • M.D.C. Holdings, Inc. (NYSE:MDC): This company reported earnings per share of ($0.31) against consensus expectations of ($0.53), for a surprise of 41.51%. About the company: M.D.C. Holdings, Inc., through its subsidiaries, builds and sells homes under the name Richmond American Homes. The Company also originates mortgage loans primarily for its home buyers. M.D.C. builds its single-family homes in Colorado, Virginia, Maryland, Northern and Southern California, Arizona, and Nevada.
  • Argo Group International Holdings (NASDAQ:AGII): This company reported earnings per share of ($0.37) against consensus expectations of ($0.63), for a surprise of 41.27%. About the company: Argo Group International Holdings, Ltd. offers property casualty insurance and reinsurance. The Company offers excess and surplus lines, select markets, and international specialty insurance.
  • Suncor Energy Inc. (NYSE:SU): This company reported earnings per share of $1.13 against consensus expectations of $0.82, for a surprise of 37.80%. About the company: Suncor Energy, Inc. is a integrated energy company focused on developing the Athabasca oil sands basin. The Company extracts and upgrades oil sands into refinery feedstock and diesel fuel, explores for, develops and produces natural gas, refines crude oil and markets a range of petroleum and petrochemical products, and operates crude oil pipelines and retail petroleum stations.
  • PROS Holdings, Inc. (NYSE:PRO): This company reported earnings per share of $0.11 against consensus expectations of $0.08, for a surprise of 37.50%. About the company: PROS Holdings, Inc. develops and markets business computer software. The Company offers pricing and revenue optimization software.
  • Astronics Corporation (NASDAQ:ATRO): This company reported earnings per share of $0.52 against consensus expectations of $0.38, for a surprise of 36.84%. About the company: Astronics Corporation designs, manufactures, and markets specialized lighting, control systems, and electronics for the cockpit, cabin, and exteriors of military, commercial jet, and general aviation aircraft.
  • Fortress Investment Group LLC  (NYSE:FIG): This company reported earnings per share of $0.08 against consensus expectations of $0.06, for a surprise of 33.33%. About the company: Fortress Investment Group LLC is an alternative asset manager. The Company raises, invests and manages private equity funds, hedge funds and publically traded alternative investment vehicles.
  • McGrath RentCorp (NASDAQ:MGRC): This company reported earnings per share of $0.62 against consensus expectations of $0.47, for a surprise of 31.91%. About the company: McGrath Rentcorp rents and sells relocatable modular offices, as well as electronic test and measurement instruments. The Company’s offices are used as temporary offices adjacent to existing facilities, and as sales offices, construction field offices, classrooms, and for a variety of other purposes. McGrath serves customers primarily in California and Texas.

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

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