Morning Movers 10/30: PVFC, WPTE, CNXT, HPOL, TVL, MSTR Higher; NVTL, GFIG, TSRA, GGC, IDIX Lower

October 30, 2009 10:33 AM EDT

PVF Capital Corp. (Nasdaq: PVFC) 32.1% HIGHER; reports Q3 EPS of $0.54, versus a loss of $0.12 for the same period 2008. Revenue for the quarter was $10 million, which compares to the estimate of $9.23 million.

Novatel Wireless (NASDAQ: NVTL) 26% LOWER; reports Q3 EPS of $0.20, 10 cents better than the analyst estimate of $0.10. Revenue for the quarter was $94.3 million, which compares to the estimate of $95.55 million.

WPT Enterprises, Inc. (NASDAQ: WPTE) 24.3% HIGHER; Mandalay Media, Inc. today announced that it has increased its proposal to the Board of Directors of WPT Enterprises. The revised proposal is to acquire WPT for $36.5 million, consisting of $28.5 million in cash, $5 million in Mandalay Media stock and perpetual revenue participation rights, guaranteed to be at least $3 million. The estimated value to shareholders per share is $1.77, including the guaranteed portion of the revenue participation rights, and as adjusted for the actual share count at closing.

Conexant (Nasdaq: CNXT) 24.1% HIGHER; reported Q4 core EPS of $0.11, inline the analyst estimate of $0.11. Revenue for the quarter was $60 million, which compares to the estimate of $57 million. Conexant also guided Q1 EPS to $0.11, versus the Street estimate of $0.07, and sales to $60 million, versus $52.20 million from analysts.

Harris Interactive Inc. (Nasdaq: HPOL) 23.5% HIGHER; reports Q1 adjusted EPS of $1.90, compared to $0.10 in the same quarter last year. Revenue for the quarter was $38.90 million, versus $50.30 million in Q109.

LIN TV Corp. (NYSE: TVL) 22.6% HIGHER; reports Q3 EPS of ($0.02), 5 cents better than the analyst estimate of ($0.07). Revenue for the quarter was $81.40 million, which compares to the estimate of $76.36 million.

GFI Group Inc. (NASDAQ: GFIG) 21.8% LOWER; reports Q3 EPS of $0.06, 3 cents below the analyst estimate of $0.09. Revenue for the quarter was $192.2 million, which compares to the estimate of $195.25 million.

MicroStrategy Inc. (Nasdaq: MSTR) 20.3% HIGHER; reports Q3 EPS of $1.73, versus the analyst estimate of $0.94. Revenue for the quarter was $104 million, which compares to the estimate of $91.95 million.

A. H. Belo Corporation (NYSE: AHC) 19.9% HIGHER; reports Q3 loss of $0.28, compared to a loss of $0.84 for the same period 2008. Revenue for the quarter was $126.90 million, which compares to the estimate of $198.85 million.

AXT Inc (NASDAQ: AXTI) 18.8% HIGHER; reports Q3 EPS of $0.07, 9 cents better than the analyst estimate of ($0.02). Revenue for the quarter was $16.8 million, which compares to the estimate of $14.42 million. AXT estimates revenue for the fourth quarter will increase to between $17.0 million and $17.5 million. The company estimates that net income per share will be between $0.03 and $0.05, which takes into account a weighted average share count of approximately 31.7 million shares. (Consensus is $16.03M and $0.00, respectively)

Tessera Technologies Inc (NASDAQ: TSRA) 17.3% LOWER; reports Q3 a EPS of $0.37, versus the analyst estimate of $0.21. Revenue for the quarter was $66.10 million, which compares to the estimate of $65.70 million. Sees Q409 Sales $60 - $62 million, versus 70 million.

Georgia Gulf Corporation (NYSE: GGC) 16.3% LOWER; today announced that the Securities and Exchange Commission has declared effective the Company's registration statement on Form S-1. The registration statement registers for resale 31,179,092 shares of the Company's common stock issued in the Company's recent private debt exchanges.

Nanometrics (NASDAQ: NANO) 14.3% HIGHER; reports Q3 EPS of $0.08, 14 cents better than the analyst estimate of ($0.06). Revenue for the quarter was $25.8 million, which compares to the estimate of $21.10 million.

Idenix Pharmaceuticals, Inc. (NASDAQ: IDIX) 13.2% LOWER; reports a Q3 loss of $0.18, 6 cents better than the analyst estimate of ($0.24). Revenue for the quarter was $3.1 million, which compares to the estimate of $3.04 million. The company expects that its current cash, cash equivalents and marketable securities can fund operations through at least the next twelve months.

CIT Group, Inc. (NYSE: CIT) 13.1% LOWER; trading lower in early action as a bankruptcy filing is seen likely for the small and mid-size business lender. Click here for the full report.

CEC Entertainment (NYSE: CEC) 12.5% HIGHER; reports Q3 EPS of $0.55, versus the analyst estimate of $0.46. Revenue for the quarter was $197.80 million, which compares to the estimate of $195.66 million. Raises FY09 EPS to $2.63 - $2.67, versus $2.60 consensus. And sees FY10 $2.70 - $2.80, versus $2.79 consensus.

Bare Essentials, Inc. (NASDAQ: BARE) 12.4% HIGHER; reports Q3 EPS of $0.24, 3 cents better than the analyst estimate of $0.21. Revenue for the quarter was $135.7 million, which compares to the estimate of $131.58 million.

Genworth Financial, Inc. (NYSE: GNW) 11.4% HIGHER; reports Q3 adjusted EPS of $0.10, the analyst estimate of ($0.02). Revenue for the quarter was $2.39 billion, which compares to the estimate of $2.52 billion.

Lincoln Electric Holdings Inc. (Nasdaq: LECO) 10.9% HIGHER; reports Q3 EPS of $0.63, 22 cents better than the analyst estimate of $0.41. Revenue for the quarter was $441.8 million, which compares to the estimate of $406.8 million.

Zale Corporation (NYSE: ZLC) 10% LOWER; reports Q3 loss of $0.59, cents better than the analyst estimate of ($0.78). Revenue for the quarter was $357.11 million, which compares to the estimate of $363.46 million.

Syntel, Inc. (NASDAQ: SYNT) 9.9% LOWER; reports Q3 EPS of $0.73, versus the analyst estimate of $0.59. Revenue for the quarter was $104.70 million, which compares to the estimate of $102.78 million. Sees FY09 EPS of $2.60-$2.65, sales of $405-$408 million. Also downgraded to Sell at Deutsche Bank.

Stanley, Inc. (NYSE: SXE) 9.8% HIGHER; reports Q2 EPS of $0.49, 7 cents better than the analyst estimate of $0.42. Revenue for the quarter was $217.1 million, which compares to the estimate of $209.05 million. Stanley sees Q3 EPS of $0.46-$0.48, versus the consensus of $0.42. Sees Q3 sales $212-$219 million, versus the consensus of $211 million. The stock was also upgraded at Wells Fargo.

Openwave Systems Inc. (Nasdaq: OPWV) 9.8% LOWER; reports Q3 EPS of $0.00, 1 cents below the analyst estimate of $0.01. Revenue for the quarter was $49.8 million, which compares to the estimate of $46.5 million.

Barnes Group Inc. (NYSE: B) 9.7% LOWER; reports Q3 EPS of $0.20 vs. analyst estimate of $0.21. (Included in the third quarter 2009 results are $3.4 million pre-tax ($1.7 million after-tax) of restructuring charges) Barnes Group's Q3 revenues were $260.3 million vs. $254.44 million consensus.

Denny's Corporation (NASDAQ: DENN) 9.7% LOWER; reports Q3 EPS of $0.10, 3 cents better than the analyst estimate of $0.07. Revenue for the quarter was $146.1 million, which compares to the estimate of $152.67 million. Denny's comps down 6.6%.

Las Vegas Sands Corp. (NYSE: LVS) 9.5% HIGHER; reports Q3 EPS of $0.03, 4 cents better than the analyst estimate of ($0.01). Revenue for the quarter was $1.14 billion, which compares to the estimate of $1.17 billion.

Ruth's Hospitality Group, Inc. (NASDAQ: RUTH) 9.4% LOWER; reports Q3 loss of $0.01, 1 cent better than the analyst estimate of ($0.02). Revenue for the quarter was $77.80 million, which compares to the estimate of $80.66 million.

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