Morning Movers 03/22: (SCVL) (TEAR) (POZN) Higher; (CVO) (CMRE) Lower

March 22, 2012 10:21 AM EDT
Shoe Carnival, Inc. (NASDAQ: SCVL) 16.9% HIGHER; reported Q4 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $181.9 million versus the consensus estimate of $181.13 million. Shoe Carnival, Inc. sees Q1 2012 EPS of $0.75-$0.78, versus the consensus of $0.70.

Tearlab Corp. (NASDAQ: TEAR) 16.7% HIGHER; reported Q4 EPS of ($0.17), versus ($0.06) reported last year. Revenue for the quarter came in at $499 thousand, versus $798 thousand reported last year.

Pozen (Nasdaq: POZN) 14.1% HIGHER; shares are rallying Thursday morning following positive top-line results from two pivotal Phase 3 trials of the company's PA32540. Click here to see the full report.

Cenveo, Inc. (NYSE: CVO) 11.9% LOWER; reports that its wholly-owned subsidiary, Cenveo Corporation, has commenced an offering of $75 million aggregate principal amount of Senior Exchangeable Notes due 2017.

Smith & Wesson (Nasdaq: SWHC) 11.6% HIGHER; Sturm Ruger (NYSE: RGR) reported it is suspending new orders amid strong Q1 figures.

Costamare Inc. (NYSE: CMRE) 9.9% LOWER; reports its offering of 7,500,000 shares of its common stock was priced at $14.10 per share.


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