Monday's Late Winners & Losers
Stocks remained flat in after-hours trading Monday, picking up where the regular session left off.
Jamba
(JMBA) - Get Report
bucked that trend. The smoothie chain jumped 8.3% to $10.83 after swinging to a fiscal first-quarter profit of 20 cents a share against a loss of $3.88 a share last year. Same-store sales rose 4.2% for company-owned locations and 2.9% for franchises, and total revenue soared 21.6% to $89.4 million, or $21.7 million past Thomson Financial's Wall Street estimates.
Take-Two Interactive Software
(TTWO) - Get Report
, a video-game maker based in New York, gained 1.5% after it
sprinted past
fiscal second-quarter estimates with a non-GAAP loss of $29.7 million, or 41 cents a share vs. a 52-cent loss last year. Analysts polled by Thomson Financial had sought a 58-cent loss. Shares recently climbed 28 cents to $19.22.
On the other hand, a couple of stocks were hit hard on deflated guidance.
American Commercial Lines
(ACLI)
slid 14% after chopping at least a dime off its 2007 earnings outlook, to range between $1.45 and $1.65 a share. Analysts are looking for $1.84. The Indiana-based shipping company simultaneously announced a $200 million share-repurchase program, but shares were still off $4 to $24.90.
Texas Instruments
(TXN) - Get Report
, meanwhile, fell 2.1% to $35.05 after
shaving down
the high- and low-ends of its 2007 forecast. The Dallas chipmaker now expects per-share earnings of between 40 cents and 44 cents on revenue of $3.36 billion to $3.51 billion. The prior forecast called for 39 cents to 45 cents a share on $3.32 billion to $3.6 billion in sales.