StreetInsider.com Pre-Open Movers 01/29: (KERX) (SWIR) (HES) Higher; (VMW) (MNRO) (BMC) Lower (more...)

January 29, 2013 9:40 AM EST Send to a Friend
Keryx Biopharmaceuticals (NASDAQ: KERX) 20% HIGHER; continues higher after yesterday's 77% gains. A number of analyst raise PTs.

VMware, Inc. (NYSE: VMW) 20% LOWER; reported Q4 EPS of $0.81, $0.03 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.28 billion. VMware, Inc. sees FY2013 revenue of $5.23-5.35 billion, versus the consensus of $5.42 billion. VMware, Inc. sees Q1 2013 revenue of $1.17-1.19 billion, versus the consensus of $1.25 billion.

Sierra Wireless, Inc. (NASDAQ: SWIR) 19% HIGHER; executed a definitive agreement for the sale of substantially all of the assets and operations related to its AirCard® business to NETGEAR, Inc. (NASDAQM: NTGR) for $138 million in cash.

Hess (NYSE: HES) 13% HIGHER; Elliott Management Corporation sent a letter to shareholders of Hess Corporation urging them to elect at the Company’s 2013 Annual Meeting the following slate of five independent directors to the Board:

Valero Energy Corp. (NYSE: VLO) 10% HIGHER; reported Q4 EPS of $1.88, $0.72 better than the analyst estimate of $1.16. Revenue for the quarter came in at $34.7 million versus the consensus estimate of $31.01 million.

Monro Muffler, Inc. (NASDAQ: MNRO) 8% LOWER; reported Q3 EPS of $0.35, $0.01 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $190.4 million versus the consensus estimate of $187.53 million. Monro Muffler, Inc. sees FY2013 EPS of $1.27-1.32, versus prior guidance of $1.36-1.50 and the consensus of $1.43.

Mindspeed Technologies, Inc. (NASDAQ: MSPD) 8% HIGHER; reported Q1 EPS of $0.03, $0.05 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $44.4 million versus the consensus estimate of $39.04 million. Mindspeed forecasts total net product revenue in the fiscal second quarter of 2013 to be approximately flat to up or down 2% versus total net product revenue in the fiscal first quarter of 2013.

PLX Technology, Inc. (NASDAQ: PLXT) 7% HIGHER; reported Q4 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $23.4 million versus the consensus estimate of $24.85 million. PLX Technology, Inc. sees Q1 2013 revenue of $25-27 million, versus the consensus of $25.85 million.

BMC Software, Inc. (NASDAQ: BMC) 7% LOWER; reported Q3 EPS of $0.99, $0.02 worse than the analyst estimate of $1.01. Revenue for the quarter came in at $580.2 million versus the consensus estimate of $587.4 million. BMC Software, Inc. sees FY2013 EPS of $3.35-3.45, versus prior guidance of $3.49-3.59 and the consensus of $3.56.

EMC (NYSE: EMC) 5% LOWER; lower on VMW results. Also, reported Q4 EPS of $0.54, $0.02 better than the analyst estimate of $0.52. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.98 billion.

Seagate Technology (NASDAQ: STX) 5% LOWER; reported Q2 EPS of $1.38, $0.15 better than the analyst estimate of $1.23. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.53 billion. sees Q3 revs of $3.25-$3.45 billion, versus the consensus of $3.48 billion

Werner Enterprises, Inc. (NASDAQ: WERN) 5% LOWER; reported Q4 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $509.7 million versus the consensus estimate of $509.27 million.

AK Steel Holding Corp. (NYSE: AKS) 4% HIGHER; reported Q4 EPS of ($0.30), $0.07 better than the analyst estimate of ($0.37). Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.42 billion

Rent-A-Center, Inc. (NASDAQ: RCII) 4% LOWER; reported Q4 EPS of $0.81, $0.02 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $758.4 million versus the consensus estimate of $777.57 million. Rent-A-Center, Inc. sees FY2013 EPS of $3.25-3.40, versus the consensus of $3.49

Fusion-io (NYSE: FIO) 4% LOWER; lower on VMW results.

Jetblue Airways Corp (NASDAQ: JBLU) 4% LOWER; reported Q4 EPS of $0.00, $0.02 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.22 billion.

Citrix Systems, Inc. (NASDAQ: CTXS) 4% LOWER; lower on VMW results.

Pandora (NYSE: P) 3% LOWER; Wedbush downgraded from Outperform to Neutral but raises its price target from $10 to $11.50. The firm cited valuation.

Plum Creek Timber Co. (NYSE: PCL) 3% HIGHER; reported Q4 EPS of $0.49, $0.21 better than the analyst estimate of $0.28. Revenue for the quarter came in at $354 million versus the consensus estimate of $298.71 million. Plum Creek Timber Co. sees FY2013 EPS of $1.25-1.50, versus the consensus of $1.40. Plum Creek Timber Co. sees Q1 2013 EPS of $0.28-0.33, versus the consensus of $0.30

Tyson Foods, Inc. (NYSE: TSN) 2% HIGHER; upgraded at BofA

Yahoo, Inc. (NASDAQ: YHOO) 2% HIGHER; reported Q4 EPS of $0.32, $0.04 better than the analyst estimate of $0.28. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.21 billion.

3D Systems Corp. (NYSE: DDD) 2% LOWER; continues recent sell-off.

Equinix, Inc. (NASDAQ: EQIX) 2% LOWER; downgraded at Citi

MGM Resorts International (NYSE: MGM) 2% LOWER; downgraded at Deutsche Bank

Ford Motor Co. (NYSE: F) 1% LOWER; reported Q4 EPS of $0.31, $0.06 better than the analyst estimate of $0.25. Revenue for the quarter came in at $36.5 billion versus the consensus estimate of $33.17 billion.


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