Please login to Zacks.com or register to post a comment.
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
| No Recent Quote currently available |
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
| Company Name | Symbol | %Change |
|---|---|---|
| STAAR SURGIC | STAA | 10.98% |
| LUMOS NETWOR | LMOS | 5.70% |
| INSTEEL IND | IIIN | 5.28% |
| ERICKSON AIR | EAC | 5.10% |
| ASSURED GUAR | AGO | 4.98% |
Please login to Zacks.com or register to post a comment.
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Company Description
Geokinetics provides seismic data for the oil and gas industry. The company has a strong footprint in North America, but also targets several international markets.
Crushed Estimates
On May 7 the Houston-based company reported first-quarter results that included earnings of 37 cents per share. This was 26 cents higher that the consensus of 11 cents.
Revenues were $147 million, a 22% improvement over the same period last year.
Investments Paying Off
Geokinetics invested more than $170 million in equipment and can now decrease debt from additional revenue generated by those projects. Projects included increasing the transition zone fleet and Ocean Bottom Cable capacity.
Estimates Spike
Following the previously mentioned report, analysts quickly raised EPS forecasts. The current consensus for full-year 2009 is 33 cents, up from a 2 cent loss 2 months ago. Estimates for 2010 are averaging 34 cents, up from 9 cents.
The company lose 51 cents per share last year, meaning the year-over-year growth rate is 165%.
The Chart
After the latest quarterly release investors have become increasingly interested in shares of GOK. Shares have been surging on heavy volume. Take a look at the chart below.