Wednesday's Winners & Losers: Autodesk

Telecom networking company Juniper Networks(JNPR) continued to gain as shares jumped saw shares jump $1.78, or 6.5%, to $29.29. The stock had been upgraded to outperform from sector perform by an analyst at RBC Capital on Monday.

Shares of engineering software company Autodesk(ADSK) plunged $6.11, or 15.6%, to $32.99 after its first-quarter and current fiscal year outlook fell short of Street expectations. The stock was also downgraded to a hold from buy by an analyst at Needham & Co.

For the first quarter, Autodesk lowered its estimate for adjusted EPS to a range of 46 cents to 48 cents, from its previous guidance of 50 cents to 52 cents. The company reaffirmed revenue guidance of $575 million to $585 million. Analysts were expecting EPS of 52 cents on revenue of $582.7 million.

Real estate news was affecting shares of Provident Bankshares(PBKS), which plunged after the company warned of more writedowns. On Tuesday after the bell, Provident said it could realize impairment charges on some or all of the $32.8 million in the real estate investment trusts in its portfolio. The bank had already previously recorded $47.5 million in a writedown related to its REIT portfolio. Shares fell 2.5% to $15.89 on heavy volume.

S1 Corp. (SONE), a Norcross, Ga., provider of software solutions for banks, credit unions and insurance companies, added 23.5% at $7.46. For the fourth quarter, the company swung to a profit of $6.4 million, or 11 cents a share, from a loss of $12.9 million, or 17 cents a share, in 2006. Analysts polled by Thomson Financial were looking for a profit of 8 cents a share. The company forecast full-year 2008 EPS between 37 cents and 40 cents, whereas the Street predicts 38 cents.

Some stocks couldn't muster up such rosy quarterly results. Enernoc (ENOC), a Boston-based demand response and energy management solutions provider, posted a fourth-quarter loss to $9 million, or 48 cents a share, from $4.1 million, or $1.07 a share, a year ago. Analysts had forecast a loss of 30 cents a share. The stock fell 36% to $16.31.

Employers Holdings (EIG) saw its shares rise 4.8% to $16.91, after the provider of workers' compensation insurance to small businesses said its board authorized the repurchase of up to $100 million of the company's shares through June 30. The company had reported a 42.3% decrease in fourth-quarter profits and a 34.6% drop in revenues.

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