After-Hours Stock Movers 10/19: (DRWI) (AVGR) (AXP) Higher; (SCSS) (DXPE) (EBAY) Lower (more...)

October 19, 2016 6:15 PM EDT

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Today's After-Hours Movers

DragonWave Inc. (Nasdaq: DRWI) 53% HIGHER; announced Sprint (NYSE: S) has selected its microwave backhaul equipment for network deployment as part of the company's densification and optimization strategy.

Select Comfort Corp (NASDAQ: SCSS) 17.8% LOWER; reported Q3 EPS of $0.56, $0.01 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $368 million versus the consensus estimate of $391.02 million. GUIDANCE: Select Comfort Corp sees FY2016 EPS of $1.15-$1.25, versus the consensus of $1.24.

DXP Enterprises, Inc. (NASDAQ: DXPE) 17.3% LOWER; Sales are anticipated to be between $228.0 million and $231.0 million for the third quarter of 2016. (Street sees Q3 sales of $250.7 million).

Organovo Holdings, Inc. (Nasdaq: ONVO) 14.3% LOWER; announced that it has commenced an underwritten public offering of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to the completion, size and terms of the offering.

The Manitowoc Company, Inc. (NYSE: MTW) 8.6% LOWER; announced today preliminary results for its third quarter ended September 30, 2016.

Fairmount Santrol (NYSE: FMSA) 8.3% LOWER; announced that it has commenced an underwritten public offering of 28,000,000 shares of Fairmount Santrol common stock. The underwriter will be granted a 30-day option to purchase up to an additional 4,200,000 shares of common stock.

Avinger, Inc. (Nasdaq: AVGR) 7.8% HIGHER; announced that the company has received expanded indications from the U.S. Food and Drug Administration (FDA) recognizing the Pantheris Lumivascular atherectomy system as a technology that can be used for both therapeutic and diagnostic purposes.

eBay (NASDAQ: EBAY) 7.3% LOWER; reported Q3 EPS of $0.45, $0.01 better than the analyst estimate of $0.44. Revenue for the quarter came in at $2.22 billion versus the consensus estimate of $2.19 billion. GUIDANCE: eBay sees Q4 2016 EPS of $0.52-$0.54, versus the consensus of $0.54. eBay sees Q4 2016 revenue of $2.36-2.41 billion, versus the consensus of $2.40.

TrueBlue (NYSE: TBI) 6.3% LOWER; reported Q3 EPS of $0.70, $0.05 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $697.1 million versus the consensus estimate of $715.69 million. GUIDANCE: TrueBlue sees Q4 2016 EPS of $0.54-$0.59, versus the consensus of $0.69. TrueBlue sees Q4 2016 revenue of $670-686 million, versus the consensus of $776.5 million.

Bj's Restaurants, Inc. (NASDAQ: BJRI) 6.2% LOWER; reported Q3 EPS of $0.30, $0.03 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $233.7 million versus the consensus estimate of $239.64 million. Comparable restaurant sales declined 3.4%.

American Express (NYSE: AXP) 5.2% HIGHER; reported Q3 EPS of $1.24, $0.28 better than the analyst estimate of $0.96. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.72 billion. The company now expects GAAP earnings per share for 2016 to be between $5.65 and $5.75, which includes the restructuring charges taken in the first three quarters of 2016. The adjusted earnings per share outlook, which excludes restructuring charges, is now $5.90 to $6.00. This is higher than the prior estimate of adjusted full year earnings per share at the high end of the company’s initial $5.40 to $5.70 range. *** The Street sees FY16 EPS of $5.51.

Citrix Systems (NASDAQ: CTXS) 5% HIGHER; reported Q3 EPS of $1.32, $0.13 better than the analyst estimate of $1.19. Revenue for the quarter came in at $841.3 million versus the consensus estimate of $827.21 million. GUIDANCE: Citrix Systems sees FY2016 EPS of $5.18-$5.20, versus the consensus of $5.06. Citrix Systems sees FY2016 revenue of $3.40-3.41 billion, versus the consensus of $3.39 billion.

Mattel (NASDAQ: MAT) 5% HIGHER; reported Q3 EPS of $0.70, $0.01 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.77 billion.

Landstar System (NASDAQ: LSTR) 4.9% HIGHER; reported Q3 EPS of $0.86, $0.05 better than the analyst estimate of $0.81. Revenue for the quarter came in at $788 million versus the consensus estimate of $778.16 million.

United Rentals (NYSE: URI) 4.5% HIGHER; reported Q3 EPS of $2.58, $0.14 better than the analyst estimate of $2.44. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.52 billion. GUIDANCE: United Rentals sees FY2016 revenue of $5.65-5.75 billion, versus prior guidance of $5.6-5.8 billion and the consensus of $5.74 million. Sees Adjusted EBITDA of $2.7-$2.75 billion, versus prior of $2.65-$2.75 billion.



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