Today's Winners and Losers: Barnes & Noble

Shares of Barnes & Noble(BKS Quote) were among the NYSE's winners Thursday, jumping 10% after the bookseller posted fourth-quarter results that surpassed expectations.

The company earned $123 million, or $1.76 a share, on sales of $1.75 billion. Excluding items, the company earned $130.5 million, or $1.87 a share. Analysts polled by Thomson First Call expected earnings of $1.75 a share, before items, with sales of $1.74 billion. During the year-earlier quarter, the company earned $115.6 million, or $1.56 a share, on sales of $1.67 billion.

Looking ahead, Barnes & Noble sees first-quarter earnings of 10 cents to 14 cents a share, including 4 cents a share in stock-based compensation costs. For the full year, the company sees earnings of $2.20 to $2.30 a share. The guidance for the full year includes 9 cents a share in costs related to the company's new distribution center and 15 cents a share in stock-based compensation expenses. Analysts project first-quarter earnings of 11 cents a share and full-year earnings of $2.02 a share. Shares were trading up $4.23 to $47.45. ...