This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks in Motion: Zions

Shares of Pilgrim's Pride (PPC - Get Report) were among the NYSE's winners Monday, rising 9% after the company raised its third-quarter earnings guidance.

The poultry company now expects earnings of $1.17 to $1.22 a share, up from earlier guidance of 81 cents to $1 a share. Analysts polled by Thomson First Call had been expecting earnings of 93 cents a share. The company attributed the revised guidance to better results at its U.S. and Mexico chicken operations.

Looking ahead, Pilgrim's Pride left its fourth-quarter earnings guidance of 73 cents to 91 cents a share intact. Analysts are expecting earnings of 85 cents a share. Shares were recently trading up $3.36 to $39.33.

Helen of Troy (HELE - Get Report) fell 6% after the personal care products company posted first-quarter earnings that fell short of expectations. The company earned $10.5 million, or 33 cents a share, on sales of $127.4 million. Analysts were expecting earnings of 39 cents a share. A year ago the company earned $14.5 million, or 44 cents a share, on sales of $107 million. Despite the first-quarter earnings shortfall, Helen of Troy reaffirmed its full-year earnings guidance of $2.50 to $2.60 a share on sales of $615 million to $640 million. Analysts are expecting earnings of $2.39 a share. Shares were trading down $1.62 to $24.33.

Shares of Dreamworks (DWA - Get Report) fell 14% after the company cut its second-quarter earnings outlook; said the Securities and Exchange Commission is informally probing trading in its stock; and announced the withdrawal of a $500 million secondary offering. The animation studio now expects to post a loss of 7 cents to 9 cents a share, down from earlier guidance that called for break-even results. Analysts had been expecting a profit of 9 cents a share.

Regarding the SEC probe, the company said the informal inquiry concerns trading in its stock and the disclosure of its financial results on May 10.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ZION $27.48 0.00%
CSCO $28.89 0.00%
DWA $25.80 0.00%
HELE $78.65 0.00%
KBR $15.74 0.00%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs