Thursday's Winners & Losers: Supervalu - TheStreet

Updated from 11:30 a.m. EDT

Shares of

Supervalu

(SVU)

were among the

NYSE's

winners Thursday, rising 7.6% after the supermarket chain posted better-than-expected fourth-quarter results.

For the period ended Feb. 24, the company earned $119 million, or 57 cents a share, on revenue of $10.3 billion. Excluding items, the company earned 68 cents a share. Analysts polled by Thomson Financial expected earnings of 63 cents a share on revenue of $10.22 billion. During the year-earlier quarter, the company earned $6 million, or 4 cents a share, on revenue of $4.64 billion. Results were boosted by results from Albertson's, the supermarket chain that Supervalu acquired last year.

Looking ahead, Supervalu sees fiscal 2008 earnings of $2.68 to $2.87 a share, ahead of the $2.66 a share that analysts project. Shares were up $3.02 to $42.96.

Labor Ready

( LRW) vaulted 18.9% after the provider of temporary staffing services posted first-quarter results that were above expectations. The company earned $10.3 million, or 21 cents a share, on revenue of $290.2 million. Analysts expected earnings of 16 cents a share on revenue of $281.3 million. During the year-earlier quarter, the company earned $11.5 million, or 21 cents a share, on revenue of $297.1 million.

Looking ahead, Labor Ready sees second-quarter results above expectations, with earnings of between 33 cents and 35 cents a share on revenue of $337 million to $340 million. Analysts project earnings of 31 cents a share on revenue of $327.3 million. Shares were up $3.43 to $21.63.

Shares of

E*Trade

(ETFC) - Get Report

fell 4.7% after the online broker posted mixed first-quarter results and cut its 2007 earnings forecast. The company earned $169.4 million, or 39 cents a share, on revenue of $645 million. Analysts expected earnings of 38 cents a share on revenue of $672.6 million. During the year-earlier period, the company earned $142.5 million, or 33 cents a share, on revenue of $598.3 million.

Looking ahead, E*Trade now sees 2007 earnings of $1.55 to $1.75 a share, down from an earlier forecast of $1.65 to $1.80 a share. Analysts project earnings of $1.70 a share. Shares were down $1.04 to $21.09.

International Game Technology

(IGT) - Get Report

slid 1% after the slot machine-maker posted weaker-than-expected second-quarter results. For the quarter ended March 31, the company earned $128.2 million, or 38 cents a share, on total revenue of $609.7 million. Results included a one-time gain of 4 cents a share. Analysts expected earnings of 36 cents a share on revenue of $677 million. During the year-earlier quarter, the company earned $124 million, or 35 cents a share, on revenue of $644.4 million. Shares were down 40 cents to $39.30.

Shares of

Valmont Industries

(VMI) - Get Report

jumped 11.6% after the diversified manufacturer posted first-quarter results that easily beat expectations. The company earned $18.7 million, or 72 cents a share, on revenue of $340.7 million. Analysts expected earnings of 63 cents a share on revenue of $328.8 million. During the year-earlier quarter, the company earned $13.1 million, or 52 cents a share, on revenue of $303.6 million. Shares were up $6.66 to $63.97.

NYSE volume leaders included

Nokia

(NOK) - Get Report

, up 78 cents to $24.65;

Motorola

( MOT), down 14 cents to $18.08;

Schering Plough

( SGP), up $2.45 to $31;

Advanced Micro Devices

(AMD) - Get Report

, up 37 cents to $14.28;

Pfizer

(PFE) - Get Report

, up 29 cents to $27.07; and

General Electric

(GE) - Get Report

, down 13 cents to $35.

Nasdaq

volume leaders included

Linear Technology

(LLTC)

, up $1.59 to $37.63;

Amgen

(AMGN) - Get Report

, up $2.31 to $62.32;

Avanir Pharmaceuticals

(AVNR)

, which was up 72 cents to $5.91 earlier in the day but closed down $1.29 to $3.90;

eBay

(EBAY) - Get Report

, down $1.26 cents to $33.19;

Intel

(INTC) - Get Report

, up 46 cents to $21.81;

Microsoft

(MSFT) - Get Report

, up 9 cents to $28.69; and

Sun Microsystems

(SUNW) - Get Report

, down 5 cents to $5.89.