After-Hours Movers 5/5: DivX (DIVX) Higher on Better-Than-Expected Results/Guidance; Scotts Miracle-Gro (SMG) Lower on Warning

May 5, 2008 5:36 PM EDT

StreetInsider.com After-Hours Movers:

DivX (Nasdaq: DIVX) 16% HIGHER; reports Q1 EPS of $0.18, 4 cents better than the analyst estimate of $0.14. Revenues for the quarter were $25 million, versus the consensus of $25.04 million. Sees FY08 EPS of $0.52-$0.58, versus the consensus of $0.47.

Powerwave Technologies (Nasdaq: PWAV) 16% HIGHER; reports Q1 EPS of $0.01, 4 cents better than the analyst estimate of ($0.03). Revenues for the quarter were $226.3 million, versus the consensus of $203.41 million.

Obagi Medical Products (Nasdaq: OMPI) 14.8% LOWER; reports Q1 EPS of $0.13, 5 cents below the analyst estimate of $0.18. Revenues for the quarter were $25.4 million, versus the consensus of $27.14 million. Sees Q2 revenues $27-$28 million versus $29.9 million. Sees Q2 eps 18-20 cents versus 24 cents. Sees full year revenues $113-117 versus $120.7 million. Sees 81-85 cents versus 94 cents consensus.

Innophos (Nasdaq: IPHS) 10%+ HIGHER; reports Q1 EPS of $0.43, 20 cents better than the analyst estimate of $0.23. Revenues for the quarter were $162.5 million, versus the consensus of $161.38 million.

The Scotts Miracle-Gro Company (NYSE: SMG) 10% LOWER; reports Q1 EPS of $1.19, 2 cents better than the analyst estimate of $1.17. Revenues for the quarter were $958 million, versus the consensus of $980.02 million. Sees FY08 EPS of $2.00-$2.20, versus the consensus of $2.35.

Airgas (NYSE: ARG) 8% HIGHER; reports Q4 EPS of $0.76, 3 cents better than the analyst estimate of $0.73. Revenues for the quarter were $1.1 billion, versus the consensus of $1.07 billion. Chairman and CEO, Peter McCausland, said, "We expect earnings per diluted share of $3.24 to $3.40 in fiscal 2009. First-quarter expectations are $0.79 to $0.81 per diluted share. We are mindful of the state of the U.S. economy, but we believe Airgas is well-positioned to deliver strong earnings growth this year." (FY09 EPS consensus is $3.10 and Q1 EPS consensus is $0.74)

Sykes Enterprises (Nasdaq: SYKE) 7% HIGHER; reports Q1 EPS of $0.38, 12 cents better than the analyst estimate of $0.26. Revenues for the quarter were $203.7 million, versus the consensus of $201.64 million. Sees Q2 EPS of $0.29-$0.31, versus the consensus of $0.27. Sees FY08 EPS of $1.24-$1.33, versus $1.15.

McKesson Corporation (NYSE: MCK) 5.4% HIGHER; reports Q4 EPS of $1.04, 4 cents better than the analyst estimate of $1.00. Revenues for the quarter were $26.2 billion, versus the consensus of $26.38 billion. Sees FY09 EPS of $3.75-$3.90, versus the consensus of $3.78. Board authorizes an additional $1 billion buyback. Also boosted the quarterly dividend 100% from $0.06 to $0.12.

Anadarko Petroleum (NYSE: APC) 4% HIGHER; reports Q1 EPS of $1.44, 22 cents better than the analyst estimate of $1.22. Revenues for the quarter were $2.98 billion, versus the consensus of $3.13 billion.

Bois d'Arc Energy Inc (NYSE: BDE) 2.6% HIGHER; reports Q1 EPS of $0.56, 10 cents better than the analyst estimate of $0.46. Revenues for the quarter were $113.3 million, versus the consensus of $103.96 million.

China Security & Surveillance Tech. Inc. (NYSE: CSR) 1.5% HIGHER; reports Q1 EPS of $0.32, in-line with the analyst estimate of $0.32. Revenues for the quarter were $71.8 million, versus the consensus of $66.56 million. Raises FY08 revs of $380-$400 million, versus the consensus of $361.5 million and EPS of $1.59-$1.76, versus the consensus of $1.63.

Target Corporation (NYSE: TGT) 1.1% HIGHER; announced an agreement under which JPMorgan Chase would invest in Target's credit card receivables. At closing Target would sell an undivided interest in its credit card receivables to JPMorgan Chase (NYSE: JPM) for cash proceeds of approximately $3.6 billion. This interest would represent approximately 47 percent of the principal amount of Target's outstanding receivables at that time. This transaction is expected to close before the end of May.

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