This Day On The Street
Continue to site
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

Today's Health Winners and Losers

Shares of Aspect Medical Systems (ASPM) were among the worst-performing health-related stocks Wednesday, slumping 13% after the medical-device maker posted better-than-expected fourth-quarter results but issued a first-quarter earnings guidance that fell below Wall Street's forecast.

The company's fourth-quarter earnings rose to $3.1 million, or 13 cents a share, from $955,000, or 5 cents a share, a year earlier. Sales grew to $21.6 million from $15.7 million. Analysts polled by Thomson First Call expected earnings of 11 cents a share and sales of $20.7 million.

Looking ahead, Aspect Medical sees first-quarter earnings of 3 cents to 4 cents a share, or 11 cents to 12 cents a share excluding stock-based compensation costs. The company predicts sales of $21.5 million to $22.2 million. Analysts project earnings of 13 cents a share on sales of $21.8 million. Aspect Medical said that product launch and sales force expenses would have a modest impact on earnings during the first quarter. Shares were trading down $4.54 to $31.42.

Cyberonics (CYBX) fell 2% after the medical-device maker turned in third-quarter results that were well below expectations. For the quarter ended Jan. 27, the company posted a loss of $14.6 million, or 58 cents a share, on sales of $31.3 million. Analysts expected a smaller loss of 35 cents a share, with sales of $36.9 million. During the year-earlier quarter, the company had a loss of about $817,000, or 3 cents a share, on sales of $26.2 million.

For the fourth quarter, Cyberonics forecast sales of $34 million, well below the $44.5 million that analysts had been projecting. Shares recently were trading down 60 cents to $27.63, after reaching a 52-week low of $24.55 earlier in the day.

Shares of Pediatrix Medical Group (PDX) rose 8% after the contract medical services provider posted fourth-quarter earnings that topped expectations. The company reported earnings of $15.9 million, or 65 cents a share, on sales of $177.7 million. Excluding items, the company earned $31.6 million, or $1.30 a share. Analysts expected earnings of $1.28 a share and sales of $181.3 million. During the year-earlier period, the company earned $25.8 million, or $1.10 a share, on sales of $161 million.
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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CYBX $69.95 1.24%
ASPT $0.00 -99.97%
AMGN $154.17 -1.40%
MRK $54.80 -0.51%
PFE $33.40 -0.89%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs