Carreker (CANI) was up 31.1% in preopen Island trading after the software provider for banks posted a drop in first-quarter earnings but raised guidance for 2001. The company said EPS fell to 6 cents, in line with lowered estimates and down from 8 cents in the year-ago period.

Carreker said the closing of its

Check Solutions

acquisition raises its previous 2001 revenue estimates to $175 million from $145 million and EPS to 95 cents a share from 88 cents.

Those figures include goodwill amortization and one-time charges.