Stock Analysts

Affymetrix Misses on All Fronts (AFFX) (ILMN)

Genetic products maker Affymetrix Inc ’s ( AFFX ) third-quarter fiscal 2011 adjusted (excluding one-time items such as impairment charges and provision for note receivable) loss per share of 10 cents was higher than the Zacks Consensus Estimate of a loss of 4 cents. On a reported basis, the California-based company posted a loss of $9.8 million (or 14 cents a share) compared with a profit of $1 million (or a penny a share) a year ago as it saw a double-digit decline in sales. Moreover, the year ago quarter’s results were boosted by a $4.1 million gain from repurchase of convertible notes. […]

Stock Analysts

Chesapeake Beats on Oil Volume (CHK) (EOG)

Natural gas provider, Chesapeake Energy Corp. ( CHK ) has reported sharper-than-expected adjusted third quarter 2011 earnings of 72 cents per share, striding ahead of the Zacks Consensus Estimate of 65 cents. The outperformance came on the back of a 91% expansion in liquid production volumes. […]

Stock Analysts

AIG Loss Soars on Weak Dynamics (AIG) (MET) (PRU)

American International Group Inc. ( AIG ) reported third quarter operating loss per share of $1.60, which came in way higher than the Zacks Consensus Estimate of a loss of 8 cents and 84 cents reported in the year-ago quarter. Consequently, operating loss of $3.0 billion increased drastically from $114 million in the year-ago quarter. […]