After-Hours Stock Movers 08/23: (URRE) (LCI) (OSUR) Higher; (LZB) (DY) (INTU) Lower (more...)
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Today's After-Hours Movers
Uranium Resources, Inc. (Nasdaq: URRE) 47.7% HIGHER; announced that it has staked approximately 4,600 acres (1,860 hectares) of placer mining claims covering a prospective target for lithium-enriched brines in the Columbus Salt Marsh area of west-central Nevada. The target area, known as the Nina Project, is situated within a region of known lithium mineralization and is approximately 27 miles (43 kilometers) northwest of the Clayton Valley/Silver Peak lithium brine mine of Albemarle Corporation, the only operating lithium brine recovery operation in the United States.
La-Z-Boy (NYSE: LZB) 15.4% LOWER; reported Q1 EPS of $0.28, $0.01 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $340.8 million versus the consensus estimate of $358.79 million. Same-store sales for the La-Z-Boy Furniture Galleries® network declined 1.9% versus an increase of 5.3% in last year's first quarter.
Lannett (NYSE: LCI) 14.8% HIGHER; reported Q4 EPS of $0.73, $0.14 better than the analyst estimate of $0.59. Revenue for the quarter came in at $168.9 million versus the consensus estimate of $161.55 million. GUIDANCE: Lannett sees FY2017 revenue of $690-700 million, versus the consensus of $665.4 million.
OraSure Technologies, Inc. (NASDAQ: OSUR) 9.6% HIGHER; has been awarded a contract for up to $16.6 million in total funding from the U.S. Department of Health and Human Services (HHS) Office of the Assistant Secretary for Preparedness and Response’s Biomedical Advanced Research and Development Authority (BARDA) to advance the Company’s rapid Zika tests.
Dycom Industries (NYSE: DY) 4% LOWER; reported Q4 EPS of $1.64, $0.09 better than the analyst estimate of $1.55. Revenue for the quarter came in at $789.2 million versus the consensus estimate of $770.66 million. GUIDANCE: Dycom Industries sees Q1 2017 EPS of $1.55-$1.70, versus the consensus of $1.63. Dycom Industries sees Q1 2017 revenue of $780-810 million, versus the consensus of $775.0 million
Intuit (NASDAQ: INTU) 3.9% LOWER; reported Q4 EPS of $0.08, $0.10 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $754 million versus the consensus estimate of $733.2 million. GUIDANCE: Intuit sees Q1 2017 EPS of $0.01-$0.03, versus the consensus of $0.13. Intuit sees Q1 2017 revenue of $740-760 million, versus the consensus of $772.7 million. Intuit sees FY2017 EPS of $4.30-$4.40, versus the consensus of $4.33. Intuit sees FY2017 revenue of $5.0-5.1 billion, versus the consensus of $5.08 billion.
Nimble Storage (NYSE: NMBL) 2.8% HIGHER; reported Q2 EPS of ($0.19), $0.01 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $97.1 million versus the consensus estimate of $94.69 million. GUIDANCE: Nimble Storage sees Q3 2017 EPS of ($0.17)-($0.19), versus the consensus of ($0.17). Nimble Storage sees Q3 2017 revenue of $100-103 million, versus the consensus of $100.85 million.
Chesapeake Energy (NYSE: CHK) 1.4% HIGHER; Director, Archie Dunham, bought 350,000 shares on 08/22 at $6.07.
CommScope Holding Company, Inc. (NASDAQ: COMM) 1% LOWER; announced the sale of 7 million shares of its common stock on an underwritten basis by an affiliate of The Carlyle Group. In addition, the underwriter will have an option to purchase up to 1,050,000 additional shares from Carlyle. CommScope will not receive any of the proceeds from the offering of shares by Carlyle. Closing of the offering is expected to occur on or about August 29, 2016, subject to customary closing conditions.
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Related EntitiesThe Carlyle Group, After-Hours Movers, CommScope Takeover
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