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TheStreet Open House

CA, Nvidia, Apple: Premarket Movers

NEW YORK( TheStreet) -- CA Technologies (CA) was a big mover in premarket trading on Friday as investors responded to the software maker's fourth-quarter results.

The Islandia, N.Y.-based company beat Wall Street's profit estimate, but its 2013 guidance was weaker than expected. CA posted earnings Thursday of 56 cents a share on $1.188 billion in revenue. Wall Street analysts polled by Yahoo! Finance were looking for earnings of 52 cents a share on revenue of $1.19 billion.

For fiscal 2013, CA expects to earn $2.45 to $2.53 a share on revenue between $4.85 billion and $4.95 billion. Wall Street analysts are looking for earnings of $2.50 a share on $5.01 billion in revenue.

CA's shares were down 2.5% to $25.75 in premarket trading.

Nvidia (NVDA), which reports its first-quarter results before market open on Friday, was down 0.56% at $12.35. Analysts expect the chipmaker to report earnings of 10 cents a share on revenue of $916.7 million.

Apple (AAPL) shares slipped 0.35% to $568.50 before market open.

--Written by James Rogers in New York.

>To follow the writer on Twitter, go to http://twitter.com/jamesjrogers.

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