Updated from 12:10 p.m. EST
were among the
winners Wednesday, jumping 10% after the maker of kitchen cabinets posted better-than-expected fiscal third-quarter results and forecast fourth-quarter earnings ahead of Wall Street's forecast.
For the third quarter ended Jan. 31, the company earned $6.1 million, or 37 cents a share, on sales of $191.1 million. Analysts polled by Thomson First Call expected earnings of 26 cents a share and sales of $188 million. During the year-earlier period, the company earned $7.1 million, or 42 cents a share, on sales of $183.2 million.
Looking ahead, American Woodmark sees fourth-quarter earnings of 45 cents to 50 cents a share, with sales ranging from a drop of 2% to growth of 2%. Analysts project earnings of 35 cents a share, with sales of $205.7 million. Last year, the company earned 55 cents a share on sales of $207.1 million in the fiscal fourth quarter. Shares were trading up $2.84 to $32.20.
Jack in the Box
( JBX) climbed 11% after the fast-food restaurant operator posted better-than-expected first-quarter results and raised its full-year earnings projection. The company earned $25.2 million, or 70 cents a share, on sales of $819.7 million. The results included stock-based compensation costs of 5 cents a share and a legal charge of 4 cents a share. Analysts expected earnings of 68 cents a share, with sales of $778.9 million, for the quarter ended Jan. 22. A year earlier, the company earned $25.4 million, or 68 cents a share, on sales of $737.7 million.
For fiscal 2006, Jack in the Box now projects earnings of $2.57 to $2.60 a share, up from an earlier guidance of $2.50 to $2.54 a share. Analysts project earnings of $2.52 a share. Shares were trading up $4.07 to $42.47.
sank after a Rhode Island jury reportedly found the former lead-paint makers responsible for a "public nuisance" that poisoned children. According to the
, the companies, along with
, could face millions of dollars for the cleanup and costs related to lead paint exposure. Sherwin-Williams shares were down $6.52, or 12%, to $46.05, while NL Industries shares fell 56 cents, or 3.9%, to $13.80.
slumped 12% after the operator of Chuck E. Cheese's restaurants posted fourth-quarter results that were below expectations. The company earned $9.9 million, or 28 cents a share, on sales of $164.1 million. Analysts expected earnings of 35 cents a share and sales of $169.6 million. During the year-earlier period, which benefited from an additional week, the company earned $15.6 million, or 41 cents a share, on sales of $172.1 million. The extra week added $4.3 million, or 11 cents a share, to the bottom line, while sales were boosted by $18 million.
For the first quarter, CEC Entertainment sees earnings of 80 cents to 85 cents a share, including stock-based compensation costs. A company spokesman said the stock-compensation costs should total about 3 cents a share. Analysts project higher earnings of 93 cents a share, excluding stock-based compensation costs. The company's shares were down $4.53 to $33.12.
fell 8% after the stun-gun maker posted fourth-quarter earnings that were shy of expectations. The company earned $92,697, or less than a penny a share, on sales of $12.6 million. Analysts expected earnings of 1 cent a share and sales of $12.5 million. During the year-ago period, the company earned $4.7 million, or 7 cents a share, on sales of $19.2 million. "The challenges of 2005 have only made us stronger as a company," Taser said in a statement. "We faced these challenges, improved our core business operations, furthered our industry leading research and development programs, and remained profitable." Taser shares recently traded down 88 cents to $9.52.
fell 8% after the weight management and nutritional supplements company posted better-than-expected fourth-quarter results, but warned that first-quarter earnings would be below forecasts. The company earned $30 million, or 41 cents a share, reversing a year-earlier loss of $37.4 million, or 68 cents a share. Sales rose to $409 million from $341.6 million. Analysts expected earnings of 40 cents a share on sales of $402.7 million.
Looking ahead, Herbalife sees first-quarter earnings of 37 cents to 41 cents a share. Analysts project earnings of 44 cents a share. For all of 2006, the company expects earnings of $1.80 to $1.85 a share, in line with the $1.85 a share that analysts are forecasting. Shares were down $2.85 to $32.40.
NCI Building Systems
shares gained 14% after the company announced plans to purchase engineered building products company Robinson-Ceco for $340 million in cash. The deal is expected to close by early April. Robinson-Ceco had revenue of $430 million for 2005, while NCI had revenue of $1.13 billion for its fiscal year ended Oct. 31. NCI expects the deal to add to earnings in 2006. The company's shares recently changed hands at $56.77, up $6.79.
volume leaders included
, down 14 cents to $17.50;
( LU), up 5 cents to $2.84;
, down 58 cents to $24.35;
, up 43 cents to $26.07;
, up 24 cents to $33.60;
, down 68 cents to $62.15; and
( NT), up 4 cents to $2.84.
Nasdaq volume leaders included
, down 58 cents to $20.04;
, down 4 cents to $2.94;
, up 4 cents to $4.29;
Sirius Satellite Radio
, up 9 cents to $5.27;
, up 10 cents to $19.68;
, up $1.12 to $70.20;
, up 8 cents to $26.62; and
, up 3 cents to $19.32.