Publish date:

Stocks in Motion: Hurco

Shares rally on a strong second quarter.

Updated from 11:50 a.m. EDT

Shares of

Hurco

(HURC) - Get Report

were among the

Nasdaq's

winners Wednesday, rising 19.2% after the company posted strong second-quarter results.

The maker of machine tools earned $3.3 million, or 52 cents a share, on sales of $31 million. A year ago the company earned $1.7 million, or 29 cents a share, on sales of $24.3 million. Hurco attributed the strong sales results to a 27% increase in unit sales of its computerized machine tools. Sales also benefited from favorable currency translation, which represented about $1.2 million, or 18%, of the sales increase vs. a year ago. Looking ahead, the company said that it wants to continue gaining market share in the U.S., that it would continue to expand its presence in China and that it has begun to explore its opportunities in India. Shares traded up $2.78 to $17.28.

New Frontier Media

(NOOF)

fell 1.4% after the adult-entertainment distributor posted mixed fourth-quarter results and warned that fiscal 2006 earnings and sales would be below analysts' expectations. The company earned $2.4 million, or 10 cents a share, on sales of $10.8 million. Analysts polled by Thomson First Call were expecting earnings of 10 cents a share on sales of $11.9 million. A year ago, the company earned $3.3 million, or 14 cents a share, on sales of $11.1 million. Looking ahead, New Frontier forecast fiscal 2006 earnings of $8.4 million to $9.3 million, or 37 cents to 41 cents a share, on sales of $44.5 million to $46 million. Analysts are expecting earnings of 52 cents a share on sales of $50.9 million. Shares traded down 8 cents to $5.82.

Shares of

JLG Industries

(JLG)

fell modestly after the company posted third-quarter results that easily outpaced estimates. The access-equipment maker earned $22.7 million, or 47 cents a share, on sales of $505 million. Excluding items, the company would have earned 56 cents a share. Analysts were expecting earnings of 41 cents a share on sales of $437.3 million. A year ago the company earned $8.7 million, or 20 cents a share, on sales of $319 million. Excluding items, the company would have earned 24 cents a share in the year-ago period. Looking ahead, JLG raised its full-year sales growth target to 40% to 45%, up from previous guidance of 30% to 35%. Pro forma earnings, meanwhile, are expected to be at the high end of the company's guidance range of $1.05 to $1.15 a share. Analysts are expecting earnings of $1.03 a share on sales of $1.62 billion, or sales growth of about 36%. Shares traded down 11 cents to $23.43.

Dollar Tree Stores

(DLTR) - Get Report

rose 0.8% after the company posted first-quarter earnings that matched reduced estimates. The company earned $29 million, or 26 cents a share, on sales of $749.1 million. Analysts were expecting earnings of 26 cents a share on sales of $752.3 million. Earlier this month the company reduced its earnings forecast to 25 cents to 26 cents a share, down from an earlier forecast of 31 cents to 33 cents a share. A year ago the company earned $35.2 million, or 31 cents a share, on sales of $710.3 million. Adverse weather conditions hurt first-quarter results, the company said.

Dollar Tree added that high fuel costs have led customers to reduce spending; as a result the company has increased its marketing efforts to spur sales. Looking ahead, the company forecast second-quarter earnings of 25 cents to 27 cents a share on sales of $755 million to $770 million. The earnings forecast is in line with the 27 cents a share that analysts are expecting, but the sales forecast is below the $778.6 million that analysts had been expecting. Shares traded up 20 cents to $25.19.

Shares of

Phillips-Van Heusen

(PVH) - Get Report

rose 4.4% after the company reported first-quarter earnings that beat forecasts and said that second-quarter results would be better than expected. The clothing company posted earnings of $25 million, or 46 cents a share, on sales of $472.1 million. Analysts were expecting earnings of 43 cents a share on sales of $449.2 million. A year ago the company earned 18 cents a share on sales of $378.2 million. Looking ahead, Phillips-Van Heusen forecast second-quarter earnings of 38 cents to 39 cents a share on sales of $420 million to $425 million. Analysts are expecting earnings of 33 cents a share on sales of $394.1 million. Shares traded up $1.27 to $30.07.

NYSE

volume leaders included

Lucent Technologies

(LU)

, down 4 cents to $2.81;

Exxon Mobil

(XOM) - Get Report

, up 64 cents to $55.68;

Gateway

(GTW)

, up 13 cents to $3.41;

Visteon

(VC) - Get Report

, up 90 cents to $7.17;

TST Recommends

Nortel

(NT)

, up 1 cent to $2.64;

Pfizer

(PFE) - Get Report

, down 17 cents to $28.67;

Corning

(GLW) - Get Report

, up 30 cents to $14.85;

Ford

(F) - Get Report

, down 2 cents to $9.96; and

General Electric

(GE) - Get Report

, down 21 cents to $36.86.

Nasdaq volume leaders included

Intel

(INTC) - Get Report

, up 4 cents to $27;

Cisco Systems

(CSCO) - Get Report

, down 38 cents to $19.62;

Microsoft

(MSFT) - Get Report

, down 4 cents to $25.71;

Oracle

(ORCL) - Get Report

, down 5 cents to $12.75;

Sun Microsystems

(SUNW) - Get Report

, down 4 cents to $3.80;

eBay

(EBAY) - Get Report

, up 68 cents to $37.57; and

Eyetech Pharmaceuticals

(EYET)

, up $1.68 to $14.63.