Notable 52-Week Highs and Lows of the Day 05/04: (LF) (MFA) (MHK) High; (ARCO) (NOK) (FSLR) Lower
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This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.
52-Week High:
52-Week High:
- LeapFrog Enterprises (NYSE: LF) high of $10.78. LeapFrog reported a first-quarter 2012 loss of 14 cents per share on revenue of $72 million, versus Street expectations calling for a loss of 26 cents and revs of $51 million.
LeapFrog sees fiscal 2012 EPS of 51 cents to 57 cents, versus views calling for EPS of 50 cents.
Shares moved 20 percent to the new high today.
- MFA Financial, Inc. (NYSE: MFA) high of $7.59. MFA reported first-quarter EPS of 21 cents compared with expectations calling for EPS of 23 cents.
- Mohawk Industries Inc. (NYSE: MHK) high of $74.18. Mohawk higher after reporting a 3 cent first-quarter EPS beat. The Company was also upgraded by Stifel earlier.
- Power Integrations Inc. (Nasdaq: POWI) high of $44.62. Power Integrations reported first-quarter EPS of 36 cents on revs of $71.8 million, compared with views calling for EPS of 28 cents and revs of $67.3 million.
- Arcos Dorados Holdings (NYSE: ARCO) low of $13.28. Just a year after its initial offering, Arcos Dorados is back to the start. Shares lower after the Company reported first-quarter EPS of 12 cents on revs of $921.6 million, worse than expectations calling for EPS of 18 cents and revs of $903.12 million.
- Nokia (NYSE: NOK) low of $3.12. Nokia hit following reports of a large class action complaint being filed. Nokia said it "is reviewing the allegations contained in the complaint and believes that they are without merit [and] will defend itself against the complaint."
- First Solar, Inc. (Nasdaq: FSLR) low of $16.80. After the market closed Thursday, First Solar reported a first-quarter loss of 8 cents per share on revenue of $497.1, missing views calling for EPS of 59 cents and revs of $681.5 million. Amid the miss, First Solar boosted its outlook: EPS goes from $3.75 - $4.25 to $4.00 - $4.50. The Street was looking for EPS of $4.07.
First Solar also named James Hughes as new CEO with Mike Ahearn remaining as Chairman.
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