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Interesting Stocks To Watch On July 30

7/30/2012 8:21 AM ET

What makes these stocks interesting?

MWI Veterinary Supply Inc. (MWIV: Quote) reported a 27.3% growth in its third-quarter profit that amounted to $14.5 million or $1.15 per share, compared to $11.4 million or $0.91 per share in the prior year period. Quarterly revenues rose 35% to $554.7 million from $410.7 million last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $1.05 per share on revenues of $524.98 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company currently projects FY12 earnings to range between $4.14 and $4.20 per share versus the previously communicated range of $3.96 - $4.06 per share. Revenues are now expected to be in the range of $2.050 billion - $2.065 billion versus the prior target range of $2.0 billion - $2.025 billion. Analysts expect earnings of $4.06 per share on revenues of $2.03 billion for the year.

Roper Industries Inc. (ROP: Quote) reported increased results for the second quarter and lifted its fiscal 2012 financial forecast, reflecting the $1.415 billion acquisition of Sunquest Information Systems Inc.

- Q2 net earnings rose to $114.81 million or $1.15 per share from $106.31 million or $1.08 per share last year. Analysts expected EPS of $1.15.

- Q2 net sales increased to $724.87 million from $699.87 million last year, and surpassed the $746.97 million Street consensus.

The company raised its full year 2012 adjusted earnings per share guidance to $4.84 - $5.00 from $4.75 - $4.91, reflecting a $0.04 reduction due to currency and $0.12 - $0.14 accretion from the acquisition of Sunquest. Analysts expect earnings of $4.83 per share for fiscal 2012.

Intellicheck Mobilisa Inc. (IDN: Quote) said it has signed a software licensing agreement for Intellicheck Mobilisa's ID Check software with a hardware manufacturer. Intellicheck Mobilisa's ID Check technology scans the bar code or magnetic strip on the back of a driver's license and uses the data to automatically fill in the information on a digital form.

Cal-Maine Foods Inc. (CALM: Quote) reported a sharp growth in fourth-quarter profit, reflecting higher volumes with an 8.6% increase in eggs produced and 11% rise in eggs sold.

- Q4 net earnings soared to $37.26 million or $1.56 per share from $7.27 million or $0.30 per share last year. Excluding special items, the company earned 44 cents per share, missing the consensus estimate by a penny.

- Q4 net sales grew to $275.25 million from $242.38 million a year ago.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses. Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve's asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near their lows for the young session. After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by a revised 5.9 percent in March.
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