( PCR) were among the
winners Friday, jumping 11% after the construction management company posted fourth-quarter earnings that were more than double Wall Street's expectation.
The company earned $19.3 million, or 72 cents a share, on revenue of $944.3 million. Analysts polled by Thomson First Call expected earnings of 33 cents a share and revenue of $817.3 million. A year earlier, Perini reported a loss of $13.9 million, or 45 cents a share, on revenue of $603.2 million. Those results included a charge of $23.6 million, or 89 cents a share, related to a lawsuit.
Looking ahead, Perini forecasts 2007 earnings of $2 to $2.20 a share, with revenue of $3.8 billion to $4 billion. Analysts project earnings of $2.07 a share and revenue of $3.88 billion. Shares were trading up $3.28 to $33.65.
rose 7% after the carpet and flooring company reported better-than-expected fourth-quarter earnings. The company earned $129.5 million, or $1.90 a share, up from $99.6 million, or $1.47 a share, a year earlier. Revenue rose to $1.9 billion from $1.8 billion. Analysts, on average, projected earnings of $1.52 a share on revenue of $1.92 billion.
For the first quarter, Mohawk forecasts earnings of $1.01 to $1.10 a share, including about $5 million of refunds received from U.S. customs. Analysts project earnings of $1.18 a share. Shares were trading up $5.82 to $90.45.
rose 5% after the foodmaker reported higher-than-expected second-quarter results and raised its full-year earnings forecast. For the period ended Jan. 28, the company earned $285 million, or 72 cents a share, on revenue of $2.25 billion. Excluding certain items, earnings were $270 million, or 68 cents a share. Analysts anticipated earnings of 63 cents a share on revenue of $2.26 billion. During the year-earlier quarter, the company earned $254 million, or 61 cents a share, on revenue of $2.16 billion.
Campbell Soup now sees 2007 earnings growth of 10% to 12%, up from an earlier view of 5% to 7%. The guidance implies earnings of $1.90 to $1.94 a share. Analysts forecast earnings of $1.89 a share. Shares were up $2.06 to $41.64.
Chipotle Mexican Grill
rose 4% after the burrito chain's fourth-quarter results topped Wall Street's forecast. The company earned $10.8 million, or 33 cents a share, on revenue of $219.7 million. Analysts anticipated earnings of 28 cents a share on revenue of $216.4 million. A year earlier, Chipotle earned $4.3 million, or 16 cents a share, on revenue of $173.3 million. Shares were adding $2.72 to $64.10.
tumbled 10% after the for-profit education company posted disappointing fourth-quarter revenue and was downgraded by Prudential. The company reported fourth-quarter earnings from continuing operations of $39.9 million, or 41 cents a share. Excluding items, the company earned 38 cents a share, topping analysts' forecast by a penny. Revenue totaled $429.1 million, well short of analysts' forecast of $486.6 million. During the year-earlier quarter, the company earned $73.7 million, or 73 cents a share, on revenue of $479.6 million.
After the report, Prudential downgraded Career Education to underweight from neutral. Shares were trading down $3.04 to $26.60.
( MLS) fell 5% after the mall owner accepted a $25.25-a-share buyout from
Simon Property Group
and shareholder Farallon Capital. The price is sweetened from Simon's earlier bid of $24 a share, and is higher than Mills' prior $21-a-share buyout agreement with
Brookfield Asset Management
. Still, shares had surged on hopes of a higher bid and closed Thursday at $26.70. The stock recently was down $1.44 to $25.26.
NYSE volume leaders included
Archer Daniels Midland
, up 33 cents to $36.08;
, down 20 cents to $14.50;
, down 13 cents to $36.01;
, down 15 cents to $26.38;
, down 6 cents to $8.54;
( MOT), unchanged at $19.24; and
, unchanged at $75.34.
volume leaders included
, down 68 cents to $28.78;
, up $1.13 to $42.44;
Sirius Satellite Radio
, up 1 cent to $3.61;
, down 4 cents to $21.27;
, down 2 cents to $6.29;
, down 19 cents to $27.37; and
, up 4 cents to $16.95.