Morning Movers 07/27: (QCOR) (JNY) (KEYN) (IACI) Higher; (JNPR) (SSYS) (IPHI) (CVGI) (ILMN) Lower

July 27, 2011 10:46 AM EDT
Questcor Pharmacueticals, Inc. (NASDAQ: QCOR) 19.9% HIGHER; reported Q2 EPS of $0.23, $0.03 better than the analyst estimate of $0.20. Revenue for the quarter came in at $46 million versus the consensus estimate of $41.75 million.

Juniper Networks (Nasdaq: JNPR) 19.8% LOWER; reported Q2 EPS of $0.31, $0.02 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.15 billion. Sees Q3 2011 revenue of $1.07-$1.12 billion, versus the consensus of $1.22 billion. Sees EPS of $0.26-$0.30. The stock was downgraded at ThinkEquity, Oppenheimer, JPMorgan, William Blair, Piper Jaffray and WJB Capital.

Stratasys, Inc. (NASDAQ: SSYS) 16.1% LOWER; reported Q2 EPS of $0.23, $0.01 better than the analyst estimate of $0.22. Revenue for the quarter came in at $37.6 million versus the consensus estimate of $39.14 million.

Inphi Corp. (NYSE: IPHI) 14.4% LOWER; reported Q2 EPS of $0.14, $0.01 better than the analyst estimate of $0.13. Revenue for the quarter came in at $24 million versus the consensus estimate of $23.91 million. Sees Q3 2011 EPS of $0.10-$0.13, versus the consensus of $0.17. Sees Q3 2011 revenue of $22-$24 million, versus the consensus of $27.6 million.

Commercial Vehicle Group, Inc. (NASDAQ: CVGI) 14.2% LOWER; reported Q2 GAAP loss of ($0.08), $0.31 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $206.8 million versus the consensus estimate of $208.9 million.

Jones Group (NYSE: JNY) 14.1% HIGHER; reported Q2 EPS of $0.33, $0.06 better than the analyst estimate of $0.27. Revenue for the quarter came in at $876.7 million versus the consensus estimate of $894.84 million.

Illumina, Inc. (NASDAQ: ILMN) 14.1% LOWER; reported Q2 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $287.5 million versus the consensus estimate of $281.62 million. The company sees earnings raising 33-36 percent for the year, up from its previous estimate of 30 percent.

Keynote Systems, Inc. (NASDAQ: KEYN) 13.6% HIGHER; reported Q3 EPS of $0.31, $0.06 better than the analyst estimate of $0.25. Revenue for the quarter came in at $26.6 million versus the consensus estimate of $24.97 million. Sees Q4 2011 EPS of $0.27-$0.32, versus the consensus of $0.23. Sees Q4 2011 revenue of $26-$27 million, versus the consensus of $25.07 million.

IAC/InterActiveCorp (NASDAQ: IACI) 13.3% HIGHER; reported Q2 EPS of $0.62, $0.22 better than the analyst estimate of $0.40. Revenue for the quarter came in at $485.4 million versus the consensus estimate of $463.41 million. The company's Board also added 15 million shares to its buyback program.

Alere (NYSE: ALR) 12.3% LOWER; reported Q2 adjusted EPS of $0.57, $0.02 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $567.2 million versus the consensus estimate of $571.64 million.

Websense (NASDAQ: WBSN) 12.1% LOWER; reported Q2 EPS of $0.35, $0.03 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $90.7 million versus the consensus estimate of $89.93 million.

Flagstar Bancorp, Inc. (NYSE: FBC) 11.8% LOWER; reported Q2 EPS of ($0.14), $0.10 worse than the analyst estimate of ($0.04). Also announced PNC (NYSE: PNC) will acquire 27 branches from a unit of Flagstar.

Acxiom (Nasdaq: ACXM) 11.2% HIGHER; reports Q2 EPS of $0.13, which does not compare to the analyst estimate of $0.13. Revenue for the quarter came in at $288.9 million, versus the consensus estimate of $276.65 million. The company also named former Microsoft exec Scott Howe as its CEO.

PF Chang's China Bistro, Inc. (NASDAQ: PFCB) 11.1% LOWER; reported Q2 EPS of $0.40, $0.15 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $311.01 million versus the consensus estimate of $311.36 million. Sees FY2011 EPS of $1.60-$1.70, versus prior guidance of $2.15-$2.20 and the consensus of $2.09.

Active Power, Inc. (NASDAQ: ACPW) 10.7% LOWER; reported Q2 loss of ($0.02), $0.02 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $19.2 million versus the consensus estimate of $19.28 million.

Trinity Industries (NYSE: TRN) 10.1% LOWER; reported Q2 EPS of $0.37, $0.01 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $710.5 million versus the consensus estimate of $710.63 million. Trinity Industries sees FY2011 EPS of $0.32-$0.37, versus the consensus of $0.45. Trinity Industries sees FY2011 EPS of $1.35-$1.45, versus the consensus of $1.59.

Central European Media Enterpr (NASDAQ: CETV) 10% HIGHER; reported Q2 EPS of $0.02, versus ($0.82) reported last year. Revenue for the quarter came in at $249.7 million, versus $201.8 million reported last year.

USA Technologies (Nasdaq: USAT) 9.8% HIGHER; continuing higher today following a 12.6 percent surge yesterday. The company issued a letter to shareholders yesterday morning. Notably, the stock seems to be holding above the $2 level.

Cobalt International Energy (NYSE: CIE) 9.4% LOWER; reported Q2 loss of ($0.05), $0.03 better than the analyst estimate of ($0.08).

Ciena (Nasdaq: CIEN) 9.4% LOWER; trading lower on the back of Juniper earnings.

Alexza Pharma (Nasdaq: ALXA) 9.4% LOWER; in a Form 8-K last night announced its resubmission of its Staccato(R) loxapine NDA to the FDA is now planned for Monday, Aug. 8th.

Avalon Rare Metals (AMEX: AVL) 9.1% LOWER; priced an offering of 7.1 million shares at $6.15 per share.

Tupperware Brands Corp. (NYSE: TUP) 8.9% LOWER; reported Q2 EPS of $1.25, $0.07 better than the analyst estimate of $1.18. Revenue for the quarter came in at $669.9 million versus the consensus estimate of $647.57 million. Sees Q3 EPS of $0.79-$0.84, versus the consensus of $0.84. The third quarter sales outlook is for an increase of 7 to 9% in local currency. Sees FY2011 EPS of $4.50-$4.50, versus the consensus of $4.56. Prior guidance was for $4.45-$4.55. Full year 2011 sales are expected to increase in local currency versus 2010 by 7 to 9%.

Boston Private Financial Holdi (NASDAQ: BPFH) 8.8% HIGHER; reported Q2 EPS of $0.17, $0.16 better than the analyst estimate of $0.01. Revenue for the quarter came in at $78.3 million versus the consensus estimate of $45.16 million.

Cavium Networks (Nasdaq: CAVM) 8.4% LOWER; see Ciena.

Destination Maternity (NASDAQ: DEST) 8.2% LOWER; reported Q3 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $146.7 million versus the consensus estimate of $146.7 million. Comparable retail sales (which consists of comparable store sales and Internet sales) for the third quarter of fiscal 2011 decreased 1.6%. Sees FY2011 EPS of $1.85-$1.95, versus the consensus of $1.93. Sees FY2011 revenue of $544.5-$547.5 million, versus the consensus of $549.95 million.

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