We take a look this morning at a few of the earnings reports that have come out so far today, including those of which have caught our eye particularly:

Missing estimates badly for its September quarter is Quebecor World (IQW), which posted a negative earnings surprise of 280%.  Last year's quarter produced a positive EPS of 17 cents, so this quarter's -$0.36 amounts to a year-over-year decrease of over 311%!  

The worldwide print media services provider was actually up in early trading this morning after the miss.  This may be due to the company's announcement that its European business is being sold off. The company is a leader in most of its major product categories, which include magazines, inserts and circulars, books, catalogs, specialty printing and direct mail, directories, digital pre-media and other value added services.

A positive surprise of 21-and-three-quarters percent has been reported by Chicago-based Sara Lee Corporation  (SLE), along with 8.3% sales growth.  This was accompanied, however, by a nearly 40% negative income growth, which has pushed the share price down a bit in morning trading.  High commodities prices were the culprit here.

Based on the Zacks Price Response Indicator (PRI), we are expecting a 1.49% price increase in the 10 days following the EPS earnings report. See below to find the link on how to profit from the Zacks PRI.

Dryships, Inc.  (DRYS) posted a very modest earnings surprise of $0.92.  This from a company which has posted gains of nearly 533% year-to-date.  Though the company has been trading about 80 cents down over the last ten days.  

Then again, the Zacks Rank on shares of Dryships remains a Strong Buy, so we shall see if there are more huge gains in store for the dry-bulk shipping company.  The stock price is up 35 cents on today's news thus far.