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Market Overview

Unusual Movements Expected In These Shares (ADSK, DWA, HLF, STEC, VRGY)

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Shares of the following companies may experience unusual movements in trading today, according to Bloomberg.

Autodesk, Inc. (NASDAQ: ADSK), the design software, and services company, has posted fourth-quarter EPS of 30 cents, excluding some items, exceeding the average analyst estimate by 29%.

DreamWorks Animation SKG, Inc. (NASDAQ: DWA), the maker of the “Shrek” movies, has announced that its fourth quarter earnings declined by 16% due to lower home-video sales, and lack of new theatrical releases.

Herbalife Ltd. (NYSE: HLF), the seller of nutritional, and weight-management supplements, has projected its first-quarter EPS, excluding some items, to be 80 cents at most, compared to the average analyst estimate of 86 cents.

Stec, Inc. (NASDAQ: STEC), the maker of flash-memory drives, has projected its first-quarter adjusted loss to range between 11 -13 cents, compared to the average analyst estimate of a profit of 23 cents per share.

Verigy Ltd. (NASDAQ: VRGY), the maker of semiconductor-testing equipment, has projected its second-quarter results to range between a loss of 8 cents per share to a profit of 1 cent per share, excluding some items. The average analyst estimate is a profit of 2 cents per share.

 

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Posted-In: Pre-Market Outlook