For the quarter ended Aug. 31, Carnival posted a profit of $1.38 billion, or $1.67 a share, on revenue of $4.32 billion. Analysts polled by Thomson Financial projected earnings of $1.62 a share and revenue of $4.33 billion.
The company attributed the better-than-expected profit to stronger pricing on cruise bookings closer to departure. Carnival also said it now expects full-year earnings of $2.92 to $2.94 a share, toward the higher end of its prior forecast of $2.85 to $2.95. Shares were up $1.70 to $49.
jumped nearly 8% after the company reported a surprise second-quarter profit. The greeting card maker reported earnings from continuing operations of $8.7 million, or 16 cents a share, besting analysts' average forecast for a loss of 7 cents a share.
The company also backed its prior guidance for fiscal 2008 earnings of $1.35 to $1.55 a share. The stock recently was up $1.94 to $27.03.
climbed 10% after the glass-products maker posted stronger-than-expected earnings and lifted its guidance. For the second quarter, Apogee recorded earnings from continuing operations of $11.5 million, or 40 cents a share. Sales jumped 20% to $217.7 million. Analysts anticipated earnings of 36 cents a share and sales of $207.3 million.
Apogee now sees full-year earnings from continuing operations of $1.43 to $1.53, up from a prior view of $1.37 to $1.47. Wall Street targets earnings per share of $1.49. Shares of Apogee were adding $2.43 to $27.01.
Among the losers,
shares sank 20% after the soft drink company cut its 2007 outlook. The company said it has been hit by volume declines in key markets, increased promotional activity by rivals and higher commodity costs.
As a result of these issues, Cott said it can't meet its previously announced targets for 2007, and it expects operating income to be substantially lower than last year. Shares were down $2 to $8.16.
plunged 16% after the electronics seller posted a steeper-than-expected loss. The company swung to a loss of $62.8 million, or 38 cents a share, on sales of $2.64 billion. That was well worse than Wall Street's forecast for a loss of 12 cents a share and sales of $2.78 billion.
Circuit City also projected a loss for the full year, while analysts expected earnings of 37 cents a share. The company's shares were tumbling $1.71 to $8.86.
Also in retail,
dropped 3% after missing Wall Street's second-quarter targets. The home-décor concern posted a loss from continuing operations of $43.4 million, or 49 cents a share. Sales fell 7% to $344.6 million. Analysts, on average, projected a loss of 44 cents a share and sales of $345.3 million. Shares were down 20 cents to $6.23.
slipped 1% even though the retailer announced a $2.5 billion stock buyback. The repurchase will be funded through cash and debt. Shares were down 68 cents to $58.64.