Winners & Losers

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

Wednesday's Winners & Losers: Buffalo Wild Wings

04/30/08 - 04:29 PM EDT

TSC Staff

Shares of GarminGRMN plunged $5.54, or 11.9%, to $40.90 after the GPS-systems based navigation devices maker missed analysts' first-quarter earnings targets amid what it said is a slowdown in the global economy. Garmin reported net income of $147.8 million vs. $139.9 million a year ago. Excluding items, profit was up to 69 cents a share from 59 cents the year before but fell short of analysts' estimates of 75 cents a share. Revenue for the first quarter jumped 35% to $664 million but was down 45.6% sequentially and came in lower than Wall Street's estimates of $705 million.

Biotech BioMarin Pharmauceutical BMRN said Tuesday post-close that it swung to a profit of $1.7 million, or 2 cents a share, vs. a loss of $9.3 million, or 10 cents a share, in the year-ago quarter. Higher sales and collaboration gains helped push revenue to $60.4 million, from $22.8 million in the 2007 period.

Analysts, on average, had expected a loss of 5 cents a share on revenue of $55.7 million. Shares were up $7.6% to $36.33.

Shares of Minneapolis casual dining entity Buffalo Wild Wings BWLD soared 22% to $31.55. The company announced in-line earnings per share of 36 cents, vs. 31 cents a year ago. The EPS figure included a 2-cent charge related to restaurant relocations. The company also guided for a 25% increase in net income for 2008. KeyBanc Capital Markets and Cowen both upgraded the stock to buy and outperform ratings, respectively.

Communications headset maker PlantronicsPLT gained $3.65, or 17.2%, to $24.93 after it posted strong fourth-quarter earnings due to "healthy demand" from international markets. Plantronics posted profit of $17.8 million vs. $10.1 million a year ago. Excluding items, EPS was 43 cents a share. Revenue rose 7% to $208.7 million. Analysts were expecting earnings of 27 cents a share on revenue of $198.4 million.

Previous «
1 2
This article was written by a staff member of TheStreet.com.

Life & Money

Winners & Losers

Go To Section Home


04/29/08
Tuesday's Winners & Losers: Mastercard

Shares skyrocket 12.6% after the company reported its profit more than doubled.


04/28/08
Monday's Winners & Losers: NeuroMetrix

Shares soar more than 70% after the FDA grants the company clearance to market its ADVANCE System.


04/25/08
Friday's Winners & Losers: Progenics

Shares rise 26.8% after the company gets U.S. approval for Relistor.


05/19/08
Cramer on Top Searched Stocks: Yahoo!

Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.


05/17/08
Jim Cramer's Best Blogs

Catch up on his thinking on the hottest topics of the past week.


04/26/08
Coming Week: Make or Break

Investors will have to deal with a Fed meeting and another flood of earnings and economic data.


05/19/08
Top Rocket Stocks: Ensco

Ensco International and Echelon have the potential to move higher in coming days.


04/28/08
Monday's Analysts' Upgrades, Downgrades

See who made what calls.


05/19/08
Telecom Giants See a Savior in Video

The addition of video is helping telecom companies compete against cable and satellite companies.


05/19/08
Contract Expiration Tempers Oil's Rise

The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.


05/19/08
Analysts' Upgrades, Downgrades: Amazon

See who made what calls.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now.

Keep on top of the market and the critical information you need to make more profitable investing decisions.

  • Cramer's Daily Booyah!
  • Before the Bell

Privacy Policy

See All Free Newsletters

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!