After-Hours Movers 10/07: Stewart Enterprises (STEI) Lower On Dropped Offer, Alcoa (AA) Down On Results

October 7, 2008 6:02 PM EDT

StreetInsider.com After-Hours Movers:

Stewart Enterprises (Nasdaq: STEI) 32% LOWER; Service Corporation International (NYSE: SCI) withdraws its previous proposal of $11 per share for Stewart Enterprises.

Unica Corporation (Nasdaq: UNCA) 5% LOWER; expects fourth quarter total revenue of approximately $28 million and non-GAAP diluted net income per share of approximately $0.01. This is lower than the company’s original guidance, provided on August 7, 2008, of revenue of $31.0 million to $32.0 million and non-GAAP diluted net income per share of $0.05 to $0.07. The consensus is $31.5 million and $0.06.

Alcoa Inc (NYSE: AA) 5% LOWER; reports Q3 EPS of $0.33, or $0.37 ex-items, versus the analyst estimate of $0.54. (The earnings included a $0.06 negative impact from currencies) Revenues for the quarter were $7.2 billion, versus the consensus of $7.23 billion. Suspends share buyback.

Yum! Brands, Inc. (NYSE: YUM) 2% HIGHER; reports Q3 EPS of $0.58, 4 cents better than the analyst estimate of $0.54. Revenues for the quarter were $2.84 billion, versus the consensus of $2.78 billion. Reaffirms forecast.

Voltaire Ltd. (NASDAQ: VOLT) INDICATED LOWER; lowers its Q3 sales guidance from $17-$18 million to $14.1-$14.6 million. Cuts EPS outlook from $0.02-$0.04 to a loss of $0.02-$0.03.


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Stocks Mentioned

AA 12.99

-0.28 -2.11%
Volume: 46,762,566
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SCI 7.91

+0.19 +2.46%
Volume: 3,276,414
Track SCI

STEI 5.07

+0.12 +2.42%
Volume: 503,392
Track STEI

UNCA 6.88

+0.09 +1.33%
Volume: 26,910
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VOLT 4.57

+0.02 +0.44%
Volume: 18,582
Track VOLT

YUM 34.03

-1.10 -3.13%
Volume: 15,261,672
Track YUM


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