Morning Movers 8/7: CROX, GOOG, SPDE, LEAP, AIG, STV, HANS, FSYS, MRT, KNOT
Up)
Crocs (Nasdaq: CROX) 31% HIGHER; reports Q2 loss of $0.06, versus the analyst estimate of ($0.21). Revenue for the quarter was $198 million, versus the consensus of $149.94 million. Sees Q3 loss of $0.06-$0.14, versus the consensus of a loss of $0.20, and revs of $150-$160 million, versus the consensus of $140.8 million. Piper upgraded it to Overweight.
51job (Nasdaq: GOOG) 26% HIGHER; reports Q2 EPS of $0.14, 11 cents better than the analyst estimate of $0.03. Revenue for the quarter was $28.3 million, versus the consensus of $26.60 million.
Speedus Corp (Nasdaq: SPDE) 24% HIGHER; Announced today that its Jet.io Solid State Drive has been certified for compliance with Underwriters Laboratories (UL60950-1) as well as FCC (Part 15 class B) standards. Completion of these regulatory certifications marks a new era for Solid State Drive technology with an innovative RamFlash Solid State Drive (RF-SSD) design.
Leap Wireless (Nasdaq: LEAP) 19% LOWER; reports Q2 loss of $0.89, versus the analyst estimate of ($0.30). Revenue for the quarter was $597.4 million, versus the consensus of $636.09 million. Several analysts downgraded the stock today.
American International Group (NYSE: AIG) 18% HIGHER; reported Q2 EPS of $2.30, which may not compare with estimates of $1.67.
China Digital TV (NYSE: STV) 10% LOWER; reports Q2 EPS of $0.12, 1 cent lower than the analyst estimate of $0.13. Revenue for the quarter was $14.6 million, versus the consensus of $14.23 million. Sees smart card shipments for the third quarter of 2009 to be in the range of 1.85-2.25 million. Sees Q3 sales of $11.8-$14 million, versus the consensus of $16.64 million.
Chiquita Brands (NYSE: CQB) 15% HIGHER; reports Q2 EPS of $1.95, which may not compare to the analyst estimate of $0.82. Revenue for the quarter was $955 million, versus the consensus of $872.90 million.
Energy Recovery (Nasdaq: ERII) 14% LOWER; reports Q2 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter was $9.1 million, versus the consensus of $10.17 million. Sees Q3 sales of $9.5-$10.5 million, versus the consensus of $11.86 million. For FY09, sales are expected to be in the range of $50-$55 million, versus the Street estimate of $62.64 million, with EPS of $0.09-$0.13, which compares to the consensus of $0.19.
Hansen Natural (Nasdaq: HANS) 12% HIGHER; reports Q2 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter was $300.2 million, versus the consensus of $309.24 million.
Fuel Systems (Nasdaq: FSYS) 12% HIGHER; reported Q2 EPS of $0.46, versus the analyst estimate of $0.32. Revenue for the quarter was $92.3 million, versus the consensus of $87.74 million. Sees FY09 sales of $370-$380 million, versus the consensus of $353.47 million.
Cogo Group (Nasdaq: COGO) 12% LOWER; reports Q2 EPS of $0.15, cents better than the analyst estimate of $0.15. Revenue for the quarter was $73.6 million, versus the consensus of $71.36 million. Sees Q3 EPS 16c to 17c versus 17 cents consensus.
Morton's (NYSE: MRT) 11% HIGHER; reports Q2 EPS of $0.04, 1 cent better than the analyst estimate of $0.03. Revenue for the quarter was $68.7 million, versus the consensus of $73.83 million. Sees FY09 EPS of $0.11-$0.15, versus the consensus of $0.18.
The Knot (Nasdaq: KNOT) 11% HIGHER; reports Q2 EPS of $0.05, 2 cents better than the analyst estimate of $0.03. Revenue for the quarter was $29.5 million, versus the consensus of $27.88 million. Kaufman upgraded The Knot to Buy.
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51job (Nasdaq: GOOG) 26% HIGHER; reports Q2 EPS of $0.14, 11 cents better than the analyst estimate of $0.03. Revenue for the quarter was $28.3 million, versus the consensus of $26.60 million.
Speedus Corp (Nasdaq: SPDE) 24% HIGHER; Announced today that its Jet.io Solid State Drive has been certified for compliance with Underwriters Laboratories (UL60950-1) as well as FCC (Part 15 class B) standards. Completion of these regulatory certifications marks a new era for Solid State Drive technology with an innovative RamFlash Solid State Drive (RF-SSD) design.
Leap Wireless (Nasdaq: LEAP) 19% LOWER; reports Q2 loss of $0.89, versus the analyst estimate of ($0.30). Revenue for the quarter was $597.4 million, versus the consensus of $636.09 million. Several analysts downgraded the stock today.
American International Group (NYSE: AIG) 18% HIGHER; reported Q2 EPS of $2.30, which may not compare with estimates of $1.67.
China Digital TV (NYSE: STV) 10% LOWER; reports Q2 EPS of $0.12, 1 cent lower than the analyst estimate of $0.13. Revenue for the quarter was $14.6 million, versus the consensus of $14.23 million. Sees smart card shipments for the third quarter of 2009 to be in the range of 1.85-2.25 million. Sees Q3 sales of $11.8-$14 million, versus the consensus of $16.64 million.
Chiquita Brands (NYSE: CQB) 15% HIGHER; reports Q2 EPS of $1.95, which may not compare to the analyst estimate of $0.82. Revenue for the quarter was $955 million, versus the consensus of $872.90 million.
Energy Recovery (Nasdaq: ERII) 14% LOWER; reports Q2 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter was $9.1 million, versus the consensus of $10.17 million. Sees Q3 sales of $9.5-$10.5 million, versus the consensus of $11.86 million. For FY09, sales are expected to be in the range of $50-$55 million, versus the Street estimate of $62.64 million, with EPS of $0.09-$0.13, which compares to the consensus of $0.19.
Hansen Natural (Nasdaq: HANS) 12% HIGHER; reports Q2 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter was $300.2 million, versus the consensus of $309.24 million.
Fuel Systems (Nasdaq: FSYS) 12% HIGHER; reported Q2 EPS of $0.46, versus the analyst estimate of $0.32. Revenue for the quarter was $92.3 million, versus the consensus of $87.74 million. Sees FY09 sales of $370-$380 million, versus the consensus of $353.47 million.
Cogo Group (Nasdaq: COGO) 12% LOWER; reports Q2 EPS of $0.15, cents better than the analyst estimate of $0.15. Revenue for the quarter was $73.6 million, versus the consensus of $71.36 million. Sees Q3 EPS 16c to 17c versus 17 cents consensus.
Morton's (NYSE: MRT) 11% HIGHER; reports Q2 EPS of $0.04, 1 cent better than the analyst estimate of $0.03. Revenue for the quarter was $68.7 million, versus the consensus of $73.83 million. Sees FY09 EPS of $0.11-$0.15, versus the consensus of $0.18.
The Knot (Nasdaq: KNOT) 11% HIGHER; reports Q2 EPS of $0.05, 2 cents better than the analyst estimate of $0.03. Revenue for the quarter was $29.5 million, versus the consensus of $27.88 million. Kaufman upgraded The Knot to Buy.
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