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Friday's Winners & Losers: Electronic Arts

Shares climb after the video-game publisher tops earnings forecasts.

Shares of

Electronic Arts

(ERTS)

were among the

Nasdaq's

winners Friday, rising 6% after the video-game publisher's fiscal third-quarter results topped expectations.

For the period ended Dec. 31, the company earned $160 million, or 50 cents a share, on revenue of $1.28 billion. Excluding items, earnings were $201 million, or 63 cents a share. Analysts surveyed by Thomson Financial expected earnings of 57 cents a share, before items, and revenue of $1.27 billion. A year earlier, the company posted adjusted earnings of $268 million, or 86 cents a share, on revenue of $1.27 billion.

Looking ahead, Electronic Arts forecast adjusted fourth-quarter results ranging from break even to 3 cents a share. The company anticipates revenue of $550 million to $600 million in the current quarter. Analysts project earnings of 2 cents a share and revenue of $644.3 million. Shares of Electronic Arts were trading up $2.94 to $53.48.

Shares of

Infrasource Services

(IFS) - Get Report

climbed 7% after the provider of construction services previewed stronger-than-expected fourth-quarter results. The company expects to report earnings of 15 cents to 17 cents a share, with revenue of $240 million to $250 million. Previously, the company forecast earnings of 11 cents to 13 cents a share on revenue of $200 million to $210 million. Analysts project earnings of 17 cents a share and revenue of $246.1 million.

"Our higher-than-expected revenue and earnings for the fourth quarter result from successful completion of several projects, increased customer demand for greater volumes of work at year-end and favorable weather," Infrasource said. Shares were trading up $1.58 to $22.98.

IntercontinentalExchange

(ICE) - Get Report

rose 3% after the electronic energy exchange reported record volume and commissions during January. The company's futures unit reported average daily volume of 574,170 contracts, up 154% over year-ago results. Average daily commissions in its over-the-counter business segment rose to $918,288, a jump of 137% compared to a year ago. Shares of the exchange were trading up $4.20 to $139.75.

Shares of

Arch Coal

(ACI) - Get Report

slipped 2% after the coal producer turned in mixed fourth-quarter results and issued a disappointing 2007 earnings guidance. For the fourth quarter, Arch earned $79.5 million, or 55 cents a share, on revenue of $618.4 million. Analysts expected earnings of 39 cents a share and revenue of $648.8 million. A year earlier, the company reported a loss of $1 million, or 1 cent a share, on revenue of $619.8 million.

For 2007, Arch Coal forecast earnings of $1.25 to $2 a share, well below the $2.57 a share that analysts project. "We believe the correction in the U.S. coal markets to be short-term in nature," the company said. "Nonetheless, Arch is taking proactive steps to rationalize production targets, contain costs, execute process improvement initiatives and optimize return on capital." Shares recently were down 63 cents to $30.

Shares of

Ryder System

(R) - Get Report

slid 3% after the truck supplier posted mixed fourth-quarter results and issued a 2007 forecast below expectations. The company earned $65.8 million, or $1.08 a share, for the fourth quarter. Excluding items, earnings were $1.09 a share, matching Wall Street's target. Ryder reported revenue of $1.59 billion, below analysts' forecast of $1.67 billion. In the year-earlier period, the company earned $58.8 million, or 92 cents a share, on revenue of $1.54 billion.

For 2007, Ryder sees earnings of $4.30 to $4.40 a share, below Wall Street's forecast of $4.41. The company predicts revenue growth of 5% to 7%, which would imply revenue of $6.63 billion to $6.75 billion. Analysts project 2007 revenue of $6.77 billion. For the first quarter, Ryder forecast earnings of 80 cents to 84 cents a share, below the 86 cents a share that analysts project. Shares were trading down $1.83 to $53.61.

NYSE

volume leaders included

Equity Office Properties

(EOP)

, down 10 cents to $55.05;

Micron Technology

(MU) - Get Report

, up 33 cents to $13.18;

Ford

TST Recommends

(F) - Get Report

, down 9 cents to $8.20;

Pfizer

(PFE) - Get Report

, up 16 cents to $26.78;

Exxon Mobil

(XOM) - Get Report

, down 47 cents to $74.61;

Motorola

(MOT)

, down 16 cents to $19.80;

General Electric

(GE) - Get Report

, up 15 cents to $36.38; and

EMC

(EMC)

, up 10 cents to $13.86.

Nasdaq's heaviest traded stocks included

Intel

(INTC) - Get Report

, down 4 cents to $21.07;

Cisco Systems

(CSCO) - Get Report

, up 28 cents to $26.87;

Microsoft

(MSFT) - Get Report

, down 2 cents to $30.54;

Sun Microsystems

(SUNW) - Get Report

, up 12 cents to $6.67;

Amazon.com

(AMZN) - Get Report

, down $1.31 to $37.39; and

Dell

(DELL) - Get Report

, down 3 cents to $23.77.