Morning Movers 3/12: ZQK, LCUT, AIRM, CCO, POWR, AGU, POT, IPI, MOS, ARO Higher; BWEN, PSUN, ATV, SWHC, ZUMZ, WAVX, AMLN, PLL, NRG Lower
Quiksilver (NYSE: ZQK) 18% HIGHER; reports Q1 loss of $0.02 on revenues of $432.7 million, versus loss of $0.07 and revenues of $443.3 million last year. Sees Q210 revs down high single-digits. Also sees Q210 EPS down low single-digits.
Broadwind Energy, Inc. (NASDAQ: BWEN) 16% LOWER; reports Q4 EPS of $0.11, ex-items, versus the analyst estimate of ($0.07). Revenue for the quarter was $32.95 million, which compares to the estimate of $46.30 million.
Pacific Sunwear (NASDAQ: PSUN) 14% LOWER; reports Q4 EPS of $0.26, 4 cents better than the analyst estimate of ($0.30). Revenue for the quarter was $293 million, which compares to the estimate of $273.96 million. Q110 Loss 0.32 - 0.38, versus a loss of $0.13.
Acorn International, Inc. (NYSE: ATV) 13% LOWER; reports Q4 non-GAAP EPS of $0.06, 4 cents better than the analyst estimate of $0.02. Revenue for the quarter was $59.70 million, which compares to the estimate of $55.70 million. Sees FY10 revs of $290 - $310 million, versus the consensus of $320.30 million. Also, CFO to resign.
Lifetime Brands, Inc. (NASDAQ: LCUT) 11% HIGHER; Barrington upgrades to Outperform
Air Methods (NASDAQ: AIRM) 10% HIGHER; reports Q4 EPS of $0.22, which may not compare to the analyst estimate of $0.27. Revenue for the quarter was $120.2 million, which compares to the estimate of $121.63 million.
Clear Channel Outdoor Holdings Inc. (NYSE: CCO) 10% HIGHER;eports Q4 loss of $0.18, which may not compare to the analyst estimate of ($0.05). Revenue for the quarter was $763.1 million, which compares to the estimate of $722.21 million. Upgraded by Wedbush.
Smith & Wesson (NASDAQ: SWHC) 9% LOWER; reports Q4 EPS of $0.02, 1 cent better than the analyst estimate of $0.01. Revenue for the quarter was $89.4 million, which compares to the estimate of $92.57 million. Sees Q410 sales $97 - $101 million, versus the consensus of $103.7 million.
Zumiez Inc. (NASDAQ: ZUMZ) 8% LOWER; Reports Q4 EPS of $0.29, 2 cents better than the analyst estimate of $0.27. Revenue for the quarter was $132.4 million, which compares to the estimate of $130.96 million. The company is expecting to face an estimated total of $1.2 million in pre-tax charges in the current quarter, resulting in a discouraging guidance for the period for a loss of 9 cents to 11 cents per share, below the consensus of a $0.01 loss. The company sees comparable store sales increase in the mid to upper single digit range for the first quarter.
Wave Systems Corp. (NASDAQ: WAVX) 7% LOWER; Reports Q4 loss of $0.01, versus $0.07 reported for the same period a year ago. Revenue for the quarter was $5.2 million, compared to $3.3 million in Q408.
PowerSecure International, Inc. (NASDAQ: POWR) 6% HIGHER; reports Q4 EPS of $0.09, 5 cents better than the analyst estimate of $0.04. Revenue for the quarter was $30 million, which compares to the estimate of $28.44 million.
Agrium Inc. (NYSE: AGU) 6% HIGHER; Drops bid for CF, and Raised guidance from PotashCorp
PotashCorp (NYSE: POT) 6% HIGHER; raised their first-quarter earnings guidance to a range of $1.30-$1.50, well above the initial guidance of $0.70-$1.00 provided on January 28, 2010. The analyst consensus is $0.94.
Intrepid Potash, Inc. (NYSE: IPI) 6% HIGHER; Raised guidance from PotashCorp.
Mosaic Co. (NYSE: MOS) 6% HIGHER; Raised guidance from PotashCorp.
Mueller Water Products, Inc. (NYSE: MWA) 4.3% LOWER; Goldman Sachs adds to Sell List.
Aeropostale (NYSE: ARO) 5% HIGHER; reports Q4 EPS of $0.99, 4 cents better than the analyst estimate of $0.95. Revenue for the quarter was $801.2 million, which compares to the estimate of $797.74 million. Sees Q110 EPS of $0.39 - 0.40, versus the consensus of $0.37.
Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) 4.3% LOWER; expected FDA news on Byetta LAR
Pall Corp (NYSE: PLL) 4.3% LOWER; reports Q2 EPS of $0.42, versus the analyst estimate of $0.47. Revenue for the quarter was $560.4 million, which compares to the estimate of $589 million. Retains low-end of guidance. Sees FY10 EPS of $1.95 - $2.05 ex-items, versus the consensus of $2.07.
NRG Energy, Inc. (NRG) 4% LOWER; BofA/Merrill Lynch downgrades
Broadwind Energy, Inc. (NASDAQ: BWEN) 16% LOWER; reports Q4 EPS of $0.11, ex-items, versus the analyst estimate of ($0.07). Revenue for the quarter was $32.95 million, which compares to the estimate of $46.30 million.
Pacific Sunwear (NASDAQ: PSUN) 14% LOWER; reports Q4 EPS of $0.26, 4 cents better than the analyst estimate of ($0.30). Revenue for the quarter was $293 million, which compares to the estimate of $273.96 million. Q110 Loss 0.32 - 0.38, versus a loss of $0.13.
Acorn International, Inc. (NYSE: ATV) 13% LOWER; reports Q4 non-GAAP EPS of $0.06, 4 cents better than the analyst estimate of $0.02. Revenue for the quarter was $59.70 million, which compares to the estimate of $55.70 million. Sees FY10 revs of $290 - $310 million, versus the consensus of $320.30 million. Also, CFO to resign.
Lifetime Brands, Inc. (NASDAQ: LCUT) 11% HIGHER; Barrington upgrades to Outperform
Air Methods (NASDAQ: AIRM) 10% HIGHER; reports Q4 EPS of $0.22, which may not compare to the analyst estimate of $0.27. Revenue for the quarter was $120.2 million, which compares to the estimate of $121.63 million.
Clear Channel Outdoor Holdings Inc. (NYSE: CCO) 10% HIGHER;eports Q4 loss of $0.18, which may not compare to the analyst estimate of ($0.05). Revenue for the quarter was $763.1 million, which compares to the estimate of $722.21 million. Upgraded by Wedbush.
Smith & Wesson (NASDAQ: SWHC) 9% LOWER; reports Q4 EPS of $0.02, 1 cent better than the analyst estimate of $0.01. Revenue for the quarter was $89.4 million, which compares to the estimate of $92.57 million. Sees Q410 sales $97 - $101 million, versus the consensus of $103.7 million.
Zumiez Inc. (NASDAQ: ZUMZ) 8% LOWER; Reports Q4 EPS of $0.29, 2 cents better than the analyst estimate of $0.27. Revenue for the quarter was $132.4 million, which compares to the estimate of $130.96 million. The company is expecting to face an estimated total of $1.2 million in pre-tax charges in the current quarter, resulting in a discouraging guidance for the period for a loss of 9 cents to 11 cents per share, below the consensus of a $0.01 loss. The company sees comparable store sales increase in the mid to upper single digit range for the first quarter.
Wave Systems Corp. (NASDAQ: WAVX) 7% LOWER; Reports Q4 loss of $0.01, versus $0.07 reported for the same period a year ago. Revenue for the quarter was $5.2 million, compared to $3.3 million in Q408.
PowerSecure International, Inc. (NASDAQ: POWR) 6% HIGHER; reports Q4 EPS of $0.09, 5 cents better than the analyst estimate of $0.04. Revenue for the quarter was $30 million, which compares to the estimate of $28.44 million.
Agrium Inc. (NYSE: AGU) 6% HIGHER; Drops bid for CF, and Raised guidance from PotashCorp
PotashCorp (NYSE: POT) 6% HIGHER; raised their first-quarter earnings guidance to a range of $1.30-$1.50, well above the initial guidance of $0.70-$1.00 provided on January 28, 2010. The analyst consensus is $0.94.
Intrepid Potash, Inc. (NYSE: IPI) 6% HIGHER; Raised guidance from PotashCorp.
Mosaic Co. (NYSE: MOS) 6% HIGHER; Raised guidance from PotashCorp.
Mueller Water Products, Inc. (NYSE: MWA) 4.3% LOWER; Goldman Sachs adds to Sell List.
Aeropostale (NYSE: ARO) 5% HIGHER; reports Q4 EPS of $0.99, 4 cents better than the analyst estimate of $0.95. Revenue for the quarter was $801.2 million, which compares to the estimate of $797.74 million. Sees Q110 EPS of $0.39 - 0.40, versus the consensus of $0.37.
Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) 4.3% LOWER; expected FDA news on Byetta LAR
Pall Corp (NYSE: PLL) 4.3% LOWER; reports Q2 EPS of $0.42, versus the analyst estimate of $0.47. Revenue for the quarter was $560.4 million, which compares to the estimate of $589 million. Retains low-end of guidance. Sees FY10 EPS of $1.95 - $2.05 ex-items, versus the consensus of $2.07.
NRG Energy, Inc. (NRG) 4% LOWER; BofA/Merrill Lynch downgrades
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