Weight Watchers International, Inc. (WTW) gained over 9 percent to $52.00. The company's third quarter earnings declined from the previous year period, but were above Wall Street view. Net revenues increased and also topped the consensus estimate. Meanwhile, the company lowered the high end of its 2012 earnings per share guidance.
CF Industries Holdings, Inc. (CF) improved 0.50 percent to $206.50. The company's third quarter profit improved 22 percent from the year-ago quarter and its adjusted earnings per share topped analysts' estimate. Net sales for the quarter declined 3 percent. The company noted that high anticipated 2013 corn planting, strong domestic fertilizer demand and favorable natural gas costs provide a positive operating environment for the remainder of 2012 and into 2013.
Express Scripts Holding Co. (ESRX) fell 14 percent to $53.98. The company's third quarter profit improved from the year-ago quarter and its adjusted earnings per share were above Wall Street view. Revenues surged from the previous year period, but were below the consensus estimate. The company raised the lower end of its adjusted earnings per share guidance for 2012. Meanwhile, the company said it views current consensus estimates for 2013 as overly aggressive.
BroadSoft, Inc. (BSFT) declined 10 percent to $33.14. The company's third quarter profit plunged from the year-ago period, but its adjusted earnings per share were above Wall Street view. Total revenue grew 13 percent, but was below the consensus estimate. The company lowered the top end of its adjusted earnings per share forecast for full year 2012.
Zillow, Inc. (Z) plunged over 22 percent to $26.65. The company swung to a profit in its third quarter. Total revenue for the quarter increased 67 percent and managed to surpass the consensus estimate. However, the company guided revenue for its fourth quarter and full-year below Wall Street view. The company also announced it has agreed to acquire Mortech Inc.
ServiceSource International, Inc. (SREV) declined 17 percent to $6.80. The company's third quarter net loss widened from the year-ago quarter. Revenue for the quarter increased 18 percent. The company expects to report a loss in its fourth quarter and also revenue below the consensus estimate. The company also lowered its full-year revenue guidance.
Trading in shares of THQ Inc. (THQI) was halted. The company's second quarter net loss narrowed from the year-ago period. Net sales declined from the same quarter a year earlier, but were above the consensus estimate. The company also announced that it is evaluating strategic and financing alternatives intended to improve its overall liquidity. Meanwhile, the company is suspending net sales and earnings guidance, and withdrawing its previous guidance for fiscal 2013.
Trading in shares of FBR & Co. (FBRC) was halted. The company announced the commencement of a modified "Dutch auction" tender offer to buy up to four million shares, or about 8 percent, of its outstanding common stock, at a price of not less than $3.00 and not more than $3.25 per share.
by RTT Staff Writer
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