Tuesday's Winners & Losers: RadioShack - TheStreet

Tuesday's Winners & Losers: RadioShack

Shares surge after the electronics retailer handily beats earnings forecasts.
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Shares of

Nordstrom

(JWN) - Get Report

were among the

NYSE's

losers Tuesday, falling 7.6% after the department store operator's fourth-quarter earnings and first-quarter guidance fell short of expectations.

For the period ended Feb. 3, the company earned $232.3 million, or 89 cents a share, on revenue of $2.63 billion. Analysts polled by Thomson First Call expected earnings of 90 cents a share and revenue of $2.6 billion. During the year-earlier period, Nordstrom earned $190.4 million, or 69 cents a share, on revenue of $2.3 billion.

Looking ahead, Nordstrom forecast first-quarter earnings of 51 cents to 54 cents a share, below the 57 cents that analysts project. For the full year, the company sees earnings of $2.78 to $2.84 a share. Analysts project full-year earnings of $2.91 a share. Shares were trading down $4.31 to $52.29.

RadioShack

(RSH)

jumped 12.2% after the electronics retailer posted fourth-quarter earnings that handily beat expectations. The company earned $84.5 million, or 62 cents a share, on revenue of $1.46 billion. Analysts expected earnings of 43 cents a share on revenue of $1.47 billion. During the year-earlier period, the company earned $51.2 million, or 38 cents a share, on revenue of $1.67 billion.

For the current fiscal year, RadioShack sees earnings of $1 to $1.20 a share. Analysts project earnings of $1.12 a share. Shares were trading up $2.73 to $25.18.

Shares of

Shuffle Master

(SHFL)

plunged 14.5% after the gaming-supplies company warned that first-quarter results will be well below expectations. For the period ended Jan. 31, the company expects earnings to be "significantly lower" than the year-earlier profit of $7.4 million, or 21 cents a share. Analysts project earnings of 19 cents a share. The company sees revenue, meanwhile, of $35 million to $38 million, below Wall Street's forecast of $49.6 million.

"We are disappointed with these preliminary results and understand that we have some short term issues to address," the company said. "In that regard, we are evaluating all of our business segments in an effort to maximize long-term revenue growth, improve gross margins and reduce operating costs." In the meantime, Shuffle Master has suspended its fiscal 2007 financial guidance. Shares were trading down $3.57 to $21.02.

Sanderson Farms

(SAFM) - Get Report

fell 8.8% after the poultry producer posted mixed first-quarter results and warned that feed prices will remain volatile. For the quarter ended Jan. 31, the company reported a loss of $2.8 million, or 14 cents a share, on revenue of $292.7 million. Analysts expected a smaller loss of 11 cents a share and revenue of $277.4 million. A year earlier, Sanderson reported a loss of $8.6 million, or 43 cents a share, on revenue of $236.2 million.

"Overall, poultry prices were higher than the same period a year ago," the company said. "However, we continue to see higher and more volatile prices for corn and soybean meal, our primary feed ingredients, and the significantly higher costs affected our profitability during the quarter." Shares were down $3 to $30.98.

Shares of

Forest Oil

(FST)

fell 5.1% after the natural gas producer posted fourth-quarter results that missed forecasts. The company reported earnings of $30.8 million, or 48 cents a share, down from $57.2 million, or 90 cents a share, a year earlier. On an adjusted basis, the company earned $25 million, or 40 cents a share. Analysts expected earnings of 49 cents a share. Revenue slid to $183.9 million from $272.5 million, missing Wall Street's forecast of $200.1 million. Shares were trading down $1.73 to $32.14.

NYSE volume leaders included

Ford

(F) - Get Report

, down 48 cents to $7.78;

General Electric

(GE) - Get Report

, down 68 cents to $34.66;

Advanced Micro Devices

(AMD) - Get Report

down 60 cents to $15.08;

Pfizer

(PFE) - Get Report

, down 70 cents to $25.14;

EMC

(EMC)

, down 55 cents to $13.75;

Qwest

(Q)

, down 17 cents to $8.58;

Halliburton

(HAL) - Get Report

, down 1.09 cents to $30.73;

AT&T

(T) - Get Report

, down 1.35 cents to $36.15; and

Citigroup

(C) - Get Report

, down 2.08 cents to $50.60.

Nasdaq

volume leaders included

Sirius Satellite Radio

(SIRI) - Get Report

, down 9 cents to $3.65;

Intel

(INTC) - Get Report

, down 82 cents to $20.03;

Microsoft

(MSFT) - Get Report

, down 1.20 cents to $27.87;

Marvell Technology

(MRVL) - Get Report

, up 60 cents to $20.46;

Cisco Systems

(CSCO) - Get Report

, down 1.53 cents to $25.71;

Level 3 Communications

(LVLT)

, down 43 cents to $6.33;

Qualcomm

(QCOM) - Get Report

, down $2.40 to $40.25; and

Brocade Communications Systems

(BRCD)

, up 44 cents to $9.13.