Pre-market Movers For August 1 (CMCSA, GRMN, MA, NICE, AVP, CECO, TRLG, DRIV)

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8/1/2012 8:49 AM ET

Gainers:

Comcast Corp. (CMCSA: Quote) is rising over 2 percent to $33.25. The company's second quarter profit improved from the year-ago quarter and its non-GAAP earnings per share were above Wall Street view.

Garmin Ltd. (GRMN: Quote) is rising 7 percent to $41.25. The company's second quarter profit and revenue climbed from the year-ago quarter and were also above Wall Street view. The company raised its 2012 earnings per share guidance.

Decliners:

Mastercard Inc. (MA: Quote) is falling more than 3 percent to $421.00. The company's second quarter earnings increased from the same period last year. Net revenue for the quarter rose 9 percent, but were slightly below the consensus estimate.

NICE Systems Ltd. (NICE: Quote) is falling over 10 percent to $32.14. The company's second quarter profit declined from the same period last year. Total revenues increased 8.5 percent, but fell short of analysts' expectation. The company's third quarter guidance was below consensus estimates, while it lowered its revenues and earnings forecast for the full year.

Avon Products, Inc. (AVP: Quote) is down 3 percent to $15.00. The company's second quarter earnings plunged from the year-ago quarter. Total revenue decreased 9 percent and were below the consensus estimate.

Career Education Corp. (CECO: Quote), True Religion Apparel Inc. (TRLG: Quote), Digital River Inc. (DRIV: Quote) are falling following their announcement of results.

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by RTT Staff Writer

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