Small-Cap Winners & Losers: Idearc

Small-cap stocks rallied from an early plunge Tuesday to experience mixed trading along with the broader market.

Idearc (IAR), which makes phone books, saw shares rise 46% to $4.86. The Dallas-based company reported first-quarter pro forma income of $116 million, or 79 cents a share, vs. $119 million, or 82 cents a share, a year ago. Analysts polled by Thomson Financial were expecting EPS of 63 cents. Shares of Cary, N.C.-based fellow phone-book maker R.H. Donnelley (RHD) also rallied, climbing 29% to $6.29.

Phosphate marketer Innophos (IPHS) jumped 21% to $22. The Cranbury, N.J., firm swung to a profit of $9.3 million, or 43 cents a share, from a loss of $2.1 million a year ago. The Street was looking for earnings of 23 cents a share.

New York staffing and management services provider Hudson Highland (HHGP) rocketed up 16.5% to $10.46. The company posted net income of $1.4 million, or 5 cents a share, up from $100,000, or zero cents a share, a year ago. Analysts had forecast a loss of 5 cents a share. It guided for second-quarter 2008 revenue between $300 million and $315 million, ahead of the consensus estimate of $289.3 million.

On the losing side, Jacksonville, Fla.-based Interline Brands (IBI), a distributor and direct marketer of maintenance, repair and operations products, said it made $8.7 million, or 27 cents a share, for the first quarter, down from $9.4 million, or 29 cents a share, a year ago. Analysts had predicted EPS of 30 cents. The stock was down 15% at $16.55.