Company News: AZO, CCL, KONA, ARAY, MLNX, PLXS, HME, NFLX

By Sep 21, 2011, 8:26 AM Author's Website  

• Autozone (NYSE:AZO) posted Q4 EPS of $7.18, surpassing the Zacks Consensus Estimate of $6.98 per share. Revenues for the quarter rose 8.1% year-over-year to $2.64 billion slightly higher than the Zacks Consensus Estimate of $2.61 billion

• Carnival Corporation (NYSE:CCL) reported Q3 EPS of $1.71, exceeding the Zacks Consensus Estimate of $1.63 per share. Revenues for the quarter rose 11.7% to $5.1 billion, above the Zacks Consensus Estimate of $4.9 billion

• Restaurant operator Kona Grill Inc.’s (NASDAQ:KONA) shares increased 22.81% to close at $6.46 after the company raised its forecast for the third quarter

• Accuray Inc (NASDAQ:ARAY) posted a Q4 loss of $0.40 cents, lower than the Zacks Consensus Estimate of a loss of $0.41 per share. Share prices of the manufacturer of robotic-treatment product dropped 16.09% after its revenue for the fourth quarter came in below analysts’ expectations

• Data-systems equipment supplier Mellanox Technologies (NASDAQ:MLNX) announced its decision to issue 3.5 million shares as a secondary offering

• Shares of Plexus Corp. (NASDAQ:PLXS) fell 7.48% after analysts at Ticonderoga Securities LLC downgraded the stock from “Neutral” to “Sell” rating

• Home Properties Inc. (NYSE:HME) announced that the company issue 5.25 million shares in a public offering. Following this development, shares of the apartment complex owner dropped 6.03% to close at $58.44

• Share prices of Netflix Inc. (NASDAQ:NFLX) declined 9.54% to close at $130.03 after the online movie rental company said it would split its business into two different lines.

Plexus Corp. (PLXS): Free Stock Analysis Report

  • Share:

Leave a Comment

Our Partners: