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Tuesday's Winners & Losers: Supervalu

Shares climb after the supermarket operator beats forecasts and raises guidance.

Shares of

Swift Transportation

(SWFT)

were among the

Nasdaq's

winners Tuesday, jumping 8% after the trucking company said that third-quarter earnings will be better than expected.

The company now estimates earnings of 50 cents to 52 cents a share, excluding certain items. About two weeks ago, Swift projected earnings of 38 cents to 42 cents a share, which at the time was below analysts' expectation of 46 cents. Swift said Tuesday that it was helped by a rapid decline in fuel prices and lower-than-expected workers' compensation expense. Analysts polled by Thomson First Call currently project earnings of 40 cents a share. Swift shares were trading up $2.11 to $27.77.

Veeco Instruments

(VECO) - Get Veeco Instruments Inc. Report

fell 3% after the maker of manufacturing equipment cut its third-quarter estimates. The company expects to report earnings of 11 cents to 14 cents a share, well below its earlier guidance of 23 cents to 29 cents. Veeco lowered its revenue projection to $111 million to $114 million from $125 million to $130 million. Analysts, on average, predict earnings of 28 cents a share and revenue of $128.9 million.

"Veeco's data storage customers, who purchased a significant amount of new capital equipment from Veeco during the first half of 2006, have now indicated that they will absorb this equipment more slowly than originally anticipated," the company said. Shares were down 58 cents to $19.39.

Shares of

Supervalu

(SVU)

rose 5% after the supermarket operator posted better-than-expected second-quarter results and raised its full-year earnings target. For the quarter ended Sept. 9, the company earned $132 million, or 61 cents a share, on revenue of $10.67 billion, as results were boosted by the recent purchase of Albertson's. Analysts anticipated earnings of 53 cents a share on revenue of $10.64 billion. A year earlier, the company earned $33.8 million, or 24 cents a share, on revenue of $4.56 billion.

Supervalu now expects full-year earnings of $2.18 to $2.41 a share, up from an earlier view of $2.11 to $2.36 a share. The company sees revenue of $37 billion to $38 billion. Analysts project earnings of $2.21 a share and revenue of $37.5 billion. Shares were trading up $1.68 to $32.69.

TheStreet Recommends

Consol Energy

(CNX) - Get CNX Resources Corporation Report

shares advanced even though the coal producer said that third-quarter production fell short of its forecast. The company produced 15.3 million tons, below its earlier projection of 16.1 million to 17.1 million tons. Consol said that "geological conditions at several mines that results in falls on major beltlines during the high humidity season as well as sandstone and rock intrusions in the area being mined" led to the production revision.

For the fourth quarter, Consol continues to see coal production of 17 million to 18 million tons. Shares recently changed hands at $31.75, up $1.37.

Shares of

Rogers

(ROG) - Get Rogers Corporation Report

climbed 5% after the specialty materials company boosted its third-quarter earnings and revenue projections. The company expects to post earnings of 87 cents to 89 cents a share on revenue of about $123 million. Previously, the company forecast earnings of 73 cents to 77 cents a share and revenue of $105 million to $109 million.

"The significant increase in sales from our original July guidance was driven primarily by the greater than anticipated sales of our materials and components into the portable communications market," Rogers said. Shares were trading up $3.51 to $69.46.

Shares of

Chattem

(CHTT)

jumped 7% after the consumer products company's third-quarter profit topped Wall Street's forecast. On an adjusted basis, which excludes various items, Chattem earned $8.9 million, or 47 cents a share, down from $11.3 million, or 55 cents a share, a year earlier. Analysts' mean estimate called for earnings of 42 cents a share. Chattem's revenue rose to $72 million from $68.2 million a year earlier, in line with Wall Street's target.

For the full year, the company expects earnings of $1.90 to $2.20 a share, before items, on revenue of $295 million to $310 million. Analysts, on average, forecast earnings of $1.88 a share and revenue of $303 million. Shares were trading at $45.89, up $3.07.

The

NYSE's

volume leaders were

CVS

(CVS) - Get CVS Health Corporation Report

, up 43 cents to $30.15;

Sprint Nextel

(S) - Get SENTINELONE, INC. Report

, up 6 cents to $18.14;

Advanced Micro Devices

(AMD) - Get Advanced Micro Devices, Inc. Report

, up 3 cents to $23.03;

Texas Instruments

(TXN) - Get Texas Instruments Incorporated Report

, down 12 cents to $31.31;

Exxon Mobil

(XOM) - Get Exxon Mobil Corporation Report

, up 13 cents to $66.68;

Pfizer

(PFE) - Get Pfizer Inc. Report

, down 28 cents to $27.37;

Citigroup

(C) - Get Citigroup Inc. Report

, flat at $51.08; and

Nabors

(NBR) - Get Nabors Industries Ltd. Report

, up $1.44 to $29.52.

Nasdaq's top volume movers included

Sun Microsystems

(SUNW) - Get Sunworks, Inc. Report

unchanged at $4.97;

Intel

(INTC) - Get Intel Corporation (INTC) Report

, up 8 cents to $20.70;

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

, up 2 cents to $24.33;

Qualcomm

(QCOM) - Get QUALCOMM Incorporated Report

, up 96 cents to $37.20;

JDSU

(JDSU)

, up 1 cent to $2.12;

Oracle

(ORCL) - Get Oracle Corporation Report

, up 12 cents to $18.67;

Level 3 Communications

(LVLT)

, up 2 cents to $5.29; and

Microsoft

(MSFT) - Get Microsoft Corporation (MSFT) Report

, down 16 cents to $27.56.