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Morning Movers 08/04: (WWWW) (SRDX) (ATSG) (LHCG) Higher; (DNDN) (ENTR) (NCIT) (GTIV) (CLWR) Lower

August 4, 2011 11:22 AM EDT
Dendreon Corp (NASDAQ: DNDN) 67.3 LOWER; reported Q2 loss of ($0.57), $0.14 better than the analyst estimate of ($0.71). Revenue for the quarter came in at $49.6 million versus the consensus estimate of $58.58 million. The company also removed guidance for Provenge. The stock was downgraded at Needham, Gleacher, Cowen, RBC, Brean Murray, Collins Stewart and Baird. Credit Suisse upgraded the stock.

Entropic Communications, Inc. (NASDAQ: ENTR) 37.3% LOWER; reported Q2 EPS of $0.17, $0.01 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $61.5 million versus the consensus estimate of $65 million. The stock was downgraded at JPMorgan, Lazard and Barclays.

NCI, Inc. (NASDAQ: NCIT) 36.2% LOWER; reported Q2 EPS of $0.28, $0.08 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $161.2 million versus the consensus estimate of $164.49 million. The stock was downgraded at Stifel Nicolaus earlier.

Gentiva Health Services, Inc. (NASDAQ: GTIV) 32.6% LOWER; reported Q2 EPS of $0.49, versus $0.74 reported last year. Adjusted income from continuing operations attributable to Gentiva shareholders would have been $0.58. Revenue for the quarter came in at $456.9 million versus the consensus estimate of $466.24 million. Sees FY2011 EPS of $2.00-$2.20, versus the consensus of $2.68. Sees FY2011 revenue of $1.8-$1.85 billion, versus the consensus of $1.88 billion.

Web.com Group, Inc. (NASDAQ: WWWW) 31.1% HIGHER; reported Q2 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $42.2 million versus the consensus estimate of $45.67 million.

Clearwire Corporation (NASDAQ: CLWR) 30% LOWER; reported Q2 EPS of ($0.68), $0.19 worse than the analyst estimate of ($0.49). Revenue for the quarter came in at $322.6 million versus the consensus estimate of $294.52 million.

Cooper Tire & Rubber Co. (NYSE: CTB) 29.8% LOWER; reported Q2 EPS of $0.18, $0.23 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $922 million versus the consensus estimate of $979.9 million.

Leap Wireless International, Inc. (NASDAQ: LEAP) 29.2% LOWER; reported Q2 EPS of ($0.85), $0.35 worse than the analyst estimate of ($0.50). Revenue for the quarter came in at $760.5 million versus the consensus estimate of $779.51 million.

comScore, Inc. (NASDAQ: SCOR) 28.1% LOWER; reported Q2 loss of ($0.26), $0.18 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $58.1 million versus the consensus estimate of $57.66 million. Sees FY2011 revenue of $231.1-$234.7 million, versus the consensus of $237.8 million.

K-Swiss, Inc. (NASDAQ: KSWS) 24.3% LOWER; reported Q2 EPS of ($0.56), $0.26 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $65.54 million versus the consensus estimate of $62.15 million. For 2011, the Company expects full year consolidated revenues to be 25% to 30% above 2010. Consolidated gross margin is expected to be approximately 37.5%, compared to 39.2% in 2010.

EMCORE Corporation (Nasdaq: EMKR) 24.3% LOWER; reports Q2 EPS of $0., cents better than the analyst estimate of ($0.04). Revenue for the quarter came in at $ million, versus the consensus estimate of $49.76 million.

Complete Genomics, Inc. (NASDAQ: GNOM) 24.2% LOWER; reported Q2 EPS of ($0.56), $0.07 worse than the analyst estimate of ($0.49). Revenue for the quarter came in at $5.9 million versus the consensus estimate of $7.68 million.

Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) 23.1% LOWER; reported Q2 EPS of ($0.43), $0.13 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $2 million versus the consensus estimate of $2.77 million.

Ashford Hospitality Trust, Inc. (NYSE: AHT) 21.5% LOWER; reported Q2 FFO of $0.66, $0.01 worse than the analyst estimate of $0.67.

Aeropostale (NYSE: ARO) 21.4% LOWER; reports total sales for the month of July were $468.2 million, down 5 percent from the same period last year. Same store sales down 14 percent. Sees a Q2 loss of 3-4c excluding items. The Street is currently looking for EPS of 13c.

Walter Energy, Inc. (NYSE: WLT) 20.6% LOWER; reported Q2 EPS of $2.36, $1.71 worse than the analyst estimate of $4.07. Revenue for the quarter came in at $773 million versus the consensus estimate of $927.16 million. The stock was downgraded at KeyBanc and Brean Murray this morning.

Huntsman Corp. (NYSE: HUN) 19.9% LOWER; reported Q2 EPS of $0.48, $0.01 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $2.93 billion versus the consensus estimate of $2.77 billion.

SurModics, Inc. (NASDAQ: SRDX) 19.7% HIGHER; reported Q3 EPS of $0.22, $0.18 better than the analyst estimate of $0.04. Revenue for the quarter came in at $18 million versus the consensus estimate of $16.83 million.

Intermec (NYSE: IN) 19.4% LOWER; reported Q2 EPS of $0.09, $0.01 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $221.1 million versus the consensus estimate of $210.71 million. Sees Q3 2011 EPS of $0.07-$0.12, versus the consensus of $0.15. Sees Q3 2011 revenue of $215-$225 million, versus the consensus of $220.05 million.

Air Transport Services Group, Inc. (Nasdaq: ATSG) 17.1% HIGHER; reports Q2 EPS of $0.19, 2 cents better than the analyst estimate of $0.17. Revenue for the quarter came in at $193.1 million, versus the consensus estimate of $183.07 million.

STR Holdings (NYSE: STRI) 17.1% LOWER; reported Q2 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $102.4 million versus the consensus estimate of $98.27 million. Sees Q3 2011 EPS of $0.17-$0.21, versus the consensus of $0.36. Sees FY2011 EPS of $1.12-$1.22, versus the consensus of $1.42.

hggregg, Inc. (NYSE: HGG) 17.1% LOWER; reported Q1 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $431.46 million versus the consensus estimate of $478.72 million. Comps down 13.2 percent.

Zumiez Inc. (NASDAQ: ZUMZ) 16.7% LOWER; July comparable store sales increased 4.9%. Total net sales for the four-week period ended July 30, 2011 increased 12.3% to $38.7 million, compared to $34.4 million for the four-week period ended July 31, 2010.

LHC Group LLC (NASDAQ: LHCG) 14.6% HIGHER; reported Q2 EPS of $0.56, $0.06 better than the analyst estimate of $0.50. Revenue for the quarter came in at $161 million versus the consensus estimate of $161.78 million. Sees FY2011 revenue of $640-$650 million, versus prior guidance of $660-$670 million and the consensus of $665.40 million.

Insight Enterprises, Inc. (NASDAQ: NSIT) 13.8% HIGHER; reported Q2 EPS of $0.75, $0.13 better than the analyst estimate of $0.62. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.42 billion. Insight Enterprises, Inc. sees FY2011 EPS of $1.90-$1.98, versus the consensus of $1.79.

Emdeon (NYSE: EM) 13.8% HIGHER; to be acquired by Blackstone (NYSE: BX) for $19 per share in cash.

SolarWinds (NYSE: SWI) 11.1% HIGHER; reported Q2 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $45.8 million versus the consensus estimate of $44.25 million. SolarWinds sees FY2011 EPS of $0.86-$0.90, versus consensus of $0.88.

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