After-Hours Movers 5/12: Fluor (FLR) Up On Strong Results/Guidance; LDK Solar (LDK) Falls After Earnings

May 12, 2008 5:30 PM EDT

StreetInsider.com After-Hours Movers:

Fuel Systems Solutions, Inc. (Nasdaq: FSYS) 16% HIGHER; reports Q1 EPS of $0.40, 22 cents better than estimates. Revenues were $94.6 million vs. $74.81 million consensus. Based on its current assessment of near-term market trends, the company is increasing its full year 2008 consolidated revenue guidance to $320 million and maintaining its gross profit margin of approximately 24 percent and operating margin of approximately nine percent. (FY08 revenue consensus is $304.83 million)

Kenexa (Nasdaq: KNXA) 10.8% HIGHER; reports Q1 non-GAAP EPS of $0.31 and GAAP EPS of $0.21, versus the analyst estimate of $0.23. Revenues for the quarter were $48.2 million, versus the consensus of $48.82 million. Sees Q2 EPS of $0.34-$0.35, versus consensus of $0.34. FY08 EPS of $1.47-$1.50, versus $1.39.

BearingPoint, Inc. (NYSE: BE) 7.5% HIGHER; reports a Q1 loss of $0.10, 3 cents better than the analyst estimate of ($0.13). Revenues for the quarter were $830 million, versus the consensus of $853.21 million.

Fluor Corporation (NYSE: FLR) 6.8% HIGHER; reports Q1 EPS of $1.50, 23 cents better than the analyst estimate of $1.27. Revenues for the quarter were $4.8 billion, versus the consensus of $4.64 billion. Raises FY08 EPS guidance to $6.25-$6.55, versus the consensus of $5.63.

LDK Solar Co., Ltd. (NYSE: LDK) 6.6% LOWER; reports Q1 EPS of $0.45, 6 cents better than the analyst estimate of $0.39. Revenues for the quarter were $233.4 million, versus the consensus of $217.29 million. Sees Q2 revenue $278-$288 million versus $251 million consensus. FY08 $1.08-$1.18 versus $1.08 billion consensus.

Bally Technologies Inc. (NYSE: BYI) 5% HIGHER; reports Q1 EPS of $0.56, 8 cents better than the analyst estimate of $0.48. Revenues for the quarter were $233 million, versus the consensus of $231.03 million.

Nuance Communications, Inc. (Nasdaq: NUAN) 5% LOWER; reports Q2 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenues for the quarter were $203.3 million, versus the consensus of $214.34 million. On track to exceed FY08 revenue view.

Warnaco Group (Nasdaq: WRNC) 4% HIGHER; reports Q1 EPS of $0.99, ex-items, 20 cents better than the analyst estimate of $0.79. Revenues for the quarter were $574.9 million, versus the consensus of $507.13 million.

Nordic American Tanker Shipping (NYSE: NAT) 3.6% LOWER; announced that it has commenced an offering of 4,000,000 common shares

CKX, Inc. (NASDAQ: CKXE) INDICATED HIGHER; announced today that 19X, Inc. had delivered a letter to the CKX board of directors setting forth certain proposed revisions to the pending agreement to acquire CKX. Citing material changes in the market for media companies and buyout transactions in general, 19X has proposed a new purchase price of $12.00 per share and has requested an extension of the outside deadline for closing the transaction to September 30, 2008.

EDS (NYSE: EDS); Confirmed after the close that they are in talks merger talks with HP. The stock ran up 28%, before being halted, on reports of a deal.

HP (NYSE: HPQ); Confirmed after the close that they are in talks merger talks with EDS. The stock fell 5%, before being halted, on reports of a deal.

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