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After-Hours Movers 06/07: (ULTA) (NANO) (OXM) Higher; (QNST) (BOBE) (HOV) (MCP) (LDK) Lower

June 7, 2011 5:51 PM EDT
QNST Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

Revenue Growth %: -13.6%
QuinStreet (Nasdaq: QNST) 22.6% LOWER; said it sees FY11 sales growth at the top of the previously-provided 15-20% range. Sees sales flat year-over-year in Q4 and Q1. Sees FY12 sales of $455-$475 million, which compares to the Street estimate of $480 million.

Ulta Salon Inc. (NASDAQ: ULTA) 12% HIGHER; reported Q1 EPS of $0.37, $0.06 better than the analyst estimate of $0.31. Revenue for the quarter came in at $386 million versus the consensus estimate of $371.02 million. Sees Q2 2011 EPS of $0.31-$0.33, versus the consensus of $0.30. Sees Q2 2011 revenue of $378-$384 million, versus the consensus of $376.8 million.

Bob Evans Farms (NASDAQ: BOBE) 6.9% LOWER; reported Q4 EPS of $0.60, $0.06 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $418.7 million versus the consensus estimate of $423.67 million. Same-store sales rose 1.2 percent. Sees FY2012 EPS of $2.36-$2.44, versus the consensus of $2.39.

Hovnanian Enterprises Inc. (NYSE: HOV) 5.8% LOWER; reported Q2 EPS of ($0.69), $0.18 worse than the analyst estimate of ($0.51). Revenue for the quarter came in at $255.1 million versus the consensus estimate of $263 million. Net contracts during the second quarter of 2011, including unconsolidated joint ventures, decreased 17% to 1,166 homes compared with the same period of the prior year.

Molycorp (NYSE: MCP) 4.4% LOWER; announces secondary offering of 10 million shares.

Nanometrics Inc. (NASDAQ: NANO) 4.2% LOWER; will replace TradeStation Group, Inc. (NASDAQ: TRAD) in the S&P SmallCap 600 index after the close of trading on Thursday

Odyssey Marine (Nasdaq: OMEX) 4.2% LOWER; announced it will offer 4 million shares of common stock.

Oxford Industries, Inc. (NYSE: OXM) 4% HIGHER; reported Q1 adjusted EPS of $1.07, $0.07 better than the analyst estimate of $1.00. Revenue for the quarter came in at $208.3 million versus the consensus estimate of $208.77 million.

Comtech Telecommunications (NASDAQ: CMTL) 2.6% LOWER; reported Q3 EPS of $0.47, $0.08 better than the analyst estimate of $0.39. Revenue for the quarter came in at $131.08 million versus the consensus estimate of $144.81 million. Consolidated net sales for the fourth quarter of fiscal 2011 are expected to be significantly lower than the fourth quarter of fiscal 2010.

LDK Solar (NYSE: LDK) 2% LOWER; reported Q1 EPS of $0.95, $0.09 better than the analyst estimate of $0.86. Revenue for the quarter came in at $766.3 million versus the consensus estimate of $769.45 million. Shipped 118.7Mw of modules in the quarter, 631.5MW of wafers. Sees Q2 sales of $710-$760 million, which compares to the Street estimate of $771.7 million. Sees wafer shipments of 500-550MW. Sees gross margin of 22-26%.

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