Unusual 11 Mid-Day Movers 08/31: (LAS) (SPLK) (SRPT) Higher; (GMAN) (ZUMZ) (DDMG) Lower

August 31, 2012 12:51 PM EDT Send to a Friend
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Lentuo International Inc. (NYSE: LAS) 23.2% HIGHER; shares are on a nine session winning streak Friday. Today, shares are above $1.30 50-day SMA with volume.

Gordmans Stores, Inc. (Nasdaq: GMAN) 16.1% LOWER; reported Q2 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $128.2 million versus the consensus estimate of $131.2 million. Comparable store sales increased 0.1%. Sees FY2012 EPS of $1.46-1.51, versus the consensus of $1.51. Gordmans Stores, Inc. sees FY2012 revenue of $624-628 million, versus the consensus of $634.0 million.

Splunk (Nasdaq: SPLK) 15.6% HIGHER; reported Q2 EPS of ($0.01), $0.03 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $44.5 million versus the consensus estimate of $39.84 million. Sees Q3 2013 revenue of $45-47 million, versus the consensus of $44.66 million. Non-GAAP operating margin is expected to be between negative 4% and negative 5%. Also sees FY2013 revenue of $183-186 million, versus prior guidance of $174-177 million and the consensus of $178.3 million. Non-GAAP operating margin is expected to be between negative 2% and negative 3% (was previously negative 4% to negative 5% as of May 31, 2012).

Sarepta Therapeutics (Nasdaq: SRPT) 11.8% HIGHER; shares are higher again on the session Friday, following a 14.3 percent gain on Thursday. Shares have been strong since positive reports hit on August 15th for its DMD treatment, Eteplirsen.

Saba Software (Nasdaq; SABA) 11.3% HIGHER; has been rallying all week following the Kenexa (Nasdaq: KNXA), IBM (NYSE: IBM) deal on Monday. Shares are 20 percent higher over the last five sessions.

Zumiez, Inc. (Nasdaq: ZUMZ) 11.2% LOWER; reported Q2 EPS of $0.07, or $0.17 ex-items, versus analyst estimate of $0.13. Revenue for the quarter came in at $135.1 million versus the consensus estimate of $135.52 million. Comparable store sales for the second quarter of fiscal 2012 increased 9.5% on top of a comparable store sales increase of 7.5% in the second quarter of fiscal 2011. Sees Q3 sales of $181-$185 million, versus the consensus of $183.8 million. Zumiez, Inc. sees Q3 2012 EPS of $0.42-0.45, or $0.51-$0.54 ex-items, versus the consensus of $0.56.

Esterline Technologies Corp. (NYSE: ESL) 11.0% HIGHER; reported Q3 EPS of $1.12, $0.01 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $485.9 million versus the consensus estimate of $488 million. Sees FY2012 EPS of $4.90-5, versus the consensus of $4.92. Esterline Technologies Corp. sees FY2012 revenue of $1.95-2 billion, versus the consensus of $1.99 billion.

Digital Domain Media Group, Inc. (Nasdaq: DDMG) 9.5% LOWER; making an inverse parabolic move, showing continious strength in its downside. Shares fell below $2.25 today, but did remain above the $2 level.

TeleCommunication Systems (Nasdaq: TSYS) 9.3% HIGHER; JPMorgan upgraded TeleCommunication Systems from Neutral to Overweight.

Centrais Elétricas Brasileiras S.A. (NYSE: EBR) 7.3% LOWER; lower following Ben Bernanke comments at Jackson Hole earlier. No mention of further stimulus was made at the event. For more on Bernanke's speech, click here.

Acorn International Inc. (NYSE: ATV) 6.5% LOWER; reported Q2 EPS of ($0.17), versus $0.13 reported last year. Revenue for the quarter came in at $46.1 million, versus $82.9 million reported last year. Sees FY2012 revenue of $260 million to $280 million, versus prior guidance of $380 million to $400 million.

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