Early Stocks in Motion

Altris cuts its revenue guidance.
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Accenture

(ACN) - Get Report

earned $305.3 million, or 51 cents a share, in the third quarter ended May 31, up from $210.4 million, or 37 cents a share, a year ago. The consulting firm reported revenue for the quarter of $4.5 billion. Analysts expected earnings of 43 cents a share on revenue of $4.14 billion, according to Thomson First Call. For the fourth quarter; Accenture expects to earn 34 cents to 37 cents a share on revenue of $3.8 billion to $3.9 billion, in line with Wall Street's forecast of 35 cents a share on revenue of $3.9 billion. The stock was up $1, or 4.6%, to $23.21 on Instinet.

CalAmp

(CAMP) - Get Report

reported earnings of $2 million, or 9 cents a share, for the first quarter ended May 31, versus $1.3 million, or 7 cents a share, a year ago. Revenue for the quarter was $47.6 million, up slightly from $45 million, for the same period last year. Analysts expected a profit of 8 cents a share on sales of $46 million. For the second quarter, the provider of wireless products and engineering services said it expects to earn 10 cents to 14 cents a share on revenue of $52 million to $60 million. Wall Street was forecasting earnings of 12 cents a share on revenue of $61.5 million. The stock was down 31 cents, or 4.2%, to $7.08 on Instinet.

Alcoa

(AA) - Get Report

said it earned $473 million, or 54 cents a share, for the second quarter ended June 30, compared with $405 million, or 46 cents a share, a year ago. Revenue for the quarter was $6.76 billion. Excluding certain items, the company earned 46 cents a share. Analysts expected earnings of 45 cents a share on revenue of $6.6 billion. The stock was up 77 cents, or 3%, to $26.86 on Instinet.

Callaway Golf

(ELY) - Get Report

announced preliminary results for the second quarter ended June 30. The company said it expects to earn 25 cents to 27 cents a share on sales of $323 million. Excluding integration charges associated with the consolidation of Top-Flite and Callaway Golf operations, it expects a profit of 28 cents to 30 cents a share. Analysts polled by Thomson First Call expect a profit of 35 cents a share on sales of $305.8 million. The stock was down 19 cents, or 1.23%, to $15.25 on Instinet.

Trans World Entertainment

(TWMC) - Get Report

expects a loss of 15 cents to 20 cents a share for the second quarter, versus a loss of 10 cents a share last year. For the year, the media company sees earnings of 80 cents to 85 cents a share, down from its previous guidance of 85 cents to 90 cents a share. Trans World also said it expects a low-single-digit decline in same-store sales for the quarter. "After positive comparable store sales in May, our sales softened in June and we expect the softness to continue through the end of the second quarter, reflecting delays in a number of key music releases and lower than expected sales of DVD new releases," it said. The stock was down $1.24, or 10.3%, to $10.80 on Instinet.

Altiris

(ATRS) - Get Report

announced preliminary financial results for the second quarter. The company cut its revenue guidance to $45 million to $46 million, down from its previous forecast of $50 million to $53 million. Altiris now expects pro forma earnings of 6 cents or 7 cents a share. The IT lifecycle management software maker said performance through OEM partner

Hewlett Packard

(HPQ) - Get Report

was below expectations due to several larger transactions that pushed to future periods. It also cited an increase in competitive pressures and slower than expected closure rates for newly acquired products as reasons for the lower guidance. The stock was down $1.77, or 11.9%, to $13.08.

Rogers Corp

(ROG) - Get Report

said it expects to post a quarterly loss due to an impairment charge within its high performance foam business. The company now sees a loss of for the second quarter of 42 cents to 56 cents a share. Included in the loss is a one-time charge of 67 cents to 85 cents a share. Excluding the charge the company projects earnings of 25 cents to 29 cents a share. Rogers expects revenue to be $84 million, down from its previous forecast of $89 million to $93 million.