StreetInsider.com Unusual 11 Mid-Day Movers 05/10/2007
Tweeter Home Entertainment (Nasdaq: TWTR) 44.4% LOWER; Reports a Q2 loss of $1.38 vs. consensus for $0.15 loss. Revenues were $163 million vs. $151.62 million consensus. The Company believes that it does not have sufficient working capital to fund its short-term needs, such as the payment of costs associated with store closings, lump-sum payments to landlords of closed stores with whom it reaches settlements, and to fund its long-term cash needs. Absent obtaining additional capital or reaching adequate settlements with the landlords of its closing stores, the Company may choose to file for reorganization under Chapter 11 of the bankruptcy code.
PlanetOut (Nasdaq: LGBT) 33.7% LOWER; Reports a Q1 loss of $0.38, 22 cents worse than estimates. Revenues were $16.8 million vs. $18.59 million consensus. Sees FY07 revs of $70-$75 million vs. consensus of $76 million.
Torch Energy Royalty Trust (NYSE: TRU) 25.4% HIGHER; Trust Venture Company, LLC commenced a tender offer for any and all of the outstanding Units of Beneficial Interest of Torch Energy Royalty Trust at a price of $8.00 per Unit, net to the seller in cash, without interest,
Pope & Talbot (NYSE: POP) 21.2% LOWER; Reports Q1 loss of $1.15 per share, versus the consensus of a $0.32 loss. Revenues came in at $200.5 million versus the consensus of $226.3 million.
Zareba Systems, Inc. (NASDAQ: ZRBA) 21% HIGHER; Reports Q3 EPS of $0.04 compared to a loss of $0.16. Revenues were $9.2 million compared to $7.5 million for the same period last year. (NOTE - Light Volume)
Ralcorp Holdings, Inc. (NYSE: RAH) 19.5% LOWER; Reports Q2 EPS of $0.02 vs. consensus of $0.84 - may not be comparable. Revenues were $519.0 million vs. $482.07 million consensus.
Merge Technologies (Nasdaq: MRGE) 17.25% HIGHER; Reports a Q1 non-GAAP adjusted loss of $0.12, 17 cents better than estimates. (GAAP loss was $0.30) Revenues were $15.7 million vs. $16.74 million consensus. Q1 booking were $25 million compared to $15 million for Q1 of 2006.
Inter Parfums (Nasdaq: IPAR) 15% HIGHER; Reports Q1 EPS of $0.28, 5 cents better than estimates.(0.23) Revenues were $85.1 million vs. $83.51 million consensus. Sees FY07 revs of $375 million, versus the consensus of $371.3 million. Sees FY07 EPS of $1.02, versus the consensus of $1.01.
Home Solutions of America (Nasdaq: HSOA) 13% HIGHER; Reports Q1 EPS of $0.12, 2 cents better than estimates.(0.10) Revenues were $39.9 million vs. $38.60 million consensus. Sees Q2 EPS of $0.14-$0.17. Sees Q2 revs of $44-$48 million
Hillenbrand (NYSE: HB) 9.4% HIGHER; Reports Q2 adj-EPS of $0.87 per share, versus the consensus of $0.76. Revenues came in at $516.2 million versus the consensus of $521 million. Sees FY07 adj-EPS of $3.02-$3.32 versus the consensus of $3.16.
Service Corp (NYSE: SCI) 9% HIGHER; Reports Q1 EPS of $0.17, 5 cents better than estimates.(0.12) Revenues were $607.6 million vs. $600.2 million consensus.
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