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	<title>Stock Blog Hub &#187; Mirant Corp.</title>
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		<title>(MIR) Mirant Corporation &#8211; Consensus Estimates Move Higher</title>
		<link>http://www.stockbloghub.com/2009/07/23/mir-mirant-corporation-consensus-estimates-move-higher/11134</link>
		<comments>http://www.stockbloghub.com/2009/07/23/mir-mirant-corporation-consensus-estimates-move-higher/11134#comments</comments>
		<pubDate>Thu, 23 Jul 2009 18:57:47 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Diversified Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[MIR]]></category>
		<category><![CDATA[Mirant Corp.]]></category>

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		<description><![CDATA[Mirant Corporation (MIR), the electricity provider, has surprised on estimates 3 out of the last 4 quarters by an average of 9.87%. The stock is cheap. MIR trades at just 5.4x forward earnings. Company Description Mirant Corporation sells electricity across the United States. The company has 11 power plants near high population centers. Mirant Easily Surprised in the First Quarter On May 8, Mirant reported first-quarter 2009 results that surprised on estimates by 38.60%. Earnings per share were 79 cents compared to 66 cents in the year ago quarter. Analysts expected 57 cents. The year over year gain was the result of lower realized gross margin and higher net interest expense. At the end of the quarter, the company had cash and cash equivalents of $1.905 billion. $424 million of ]]></description>
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