Upside Earnings Surprise Companies in Q3

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

  • Copano Energy, L.L.C. (NASDAQ:CPNO): This company reported earnings per share of $0.06 against consensus expectations of $0.02, for a surprise of 200.00%. About the company: Copano Energy LLC is an aggregator of natural gas and provides services to natural gas producers and purchasers of natural gas and natural gas liquids. The company operates a network of pipelines and a natural gas processing plant, and services provided include natural gas gathering, transportation, compression, dehydration, treating, conditioning and processing of natural gas.
  • bebe stores, inc. (NASDAQ:BEBE): This company reported earnings per share of $0.03 against consensus expectations of $0.01, for a surprise of 200.00%. About the company: bebe stores, inc. designs, develops, and produces a line of contemporary women’s apparel and accessories. The Company markets its products under the bebe, bebe moda, and bbsp brand names. bebe operates retail stores in the United States. Canada, and the United Kingdom.
  • Rochester Medical Corporation (NASDAQ:ROCM): This company reported earnings per share of $0.03 against consensus expectations of $0.01, for a surprise of 200.00%. About the company: Rochester Medical Corporation develops, manufactures and markets latex free disposable urinary continence care products. The products are used for urinary dysfunction management and urine drainage management. The Company markets its products under its Rochester Medical brand and private label arrangements.
  • Sandridge Energy Inc. Common St (NYSE:SD): This company reported earnings per share of $0.01 against consensus expectations of ($0.01), for a surprise of 200.00%. About the company: SandRidge Energy Inc. explores and produces natural gas and crude oil. The Company and its subsidiaries own and operate gas gathering and processing facilities and CO2 treating and transportation facilities. Sandridge energy conducts marketing and tertiary oil recovery operations.
  • PowerSecure International, Inc (NASDAQ:POWR): This company reported earnings per share of $0.05 against consensus expectations of ($0.06), for a surprise of 183.33%. About the company: PowerSecure International Inc. provides energy management and conservation solutions to utilities and their commercial, institutional, and industrial customers. The Company partners with utilities to design and install systems and services that manage load curtailment and peak demand conditions, and provide customers with emergency power during outages.
  • OncoGenex Pharmaceuticals Inc. (NASDAQ:OGXI): This company reported earnings per share of $0.45 against consensus expectations of ($0.57), for a surprise of 178.95%. About the company: OncoGenex Pharmaceutical Inc. is a biopharmaceutical company that develops and commercializes new cancer therapies that address treatment resistance in cancer patients.
  • SunPower Corporation (NASDAQ:SPWRA): This company reported earnings per share of $0.16 against consensus expectations of $0.06, for a surprise of 166.67%. About the company: SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.
  • Perma-Fix Environmental Service (NASDAQ:PESI): This company reported earnings per share of $0.08 against consensus expectations of $0.03, for a surprise of 166.67%. About the company: Perma-Fix Environmental Services, Inc. provides industrial and nuclear-waste management services, and Consulting Engineering Services. The Company’s services include treatment, storage, processing, and disposal of hazardous and nonhazardous waste, industrial waste and wastewater management services, and nuclear and low-level radioactive waste treatment.
  • Tessera Technologies, Inc. (NASDAQ:TSRA): This company reported earnings per share of $0.15 against consensus expectations of $0.06, for a surprise of 150.00%. About the company: Tessera Technologies Inc. provides proprietary chip scale packaging technology. The Company’s technology accelerates demand for performance and miniaturization in wireless communications, Internet access, and computing and consumer electronics.
  • ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA): This company reported earnings per share of $0.10 against consensus expectations of $0.04, for a surprise of 150.00%. About the company: ARIAD Pharmaceuticals, Inc. discovers, develops, and commercializes small-molecule drugs to treat aggressive cancers. The Company’s first product candidate is an investigational mTOR inhibitor. ARIAD’s second product candidate is an investigational pan BCR-ABL inhibitor for treatment of blood cancers.

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

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