Pre-market movers on May 26 (GES, SQNS, TIF, SD, FDO, DEXO, NTAP, CSC, BIG, LPS)
The companies whose shares are moving in pre-market trade on Thursday are: Guess?, Inc, Sequans Communications, Tiffany & Co, Sandridge Energy, Family Dollar Stores, Dex One Corp, Netapp Inc, Computer Sciences, Big Lots and Lender Processing Services.
Guess?, Inc. (NYSE:GES) shares climbed 12.32 percent to $45.04 in pre-market trading session. The company reported first quarter net income of $42.7 million or $0.46 per share compared to $50.3 million or $0.54 per share in the same quarter last year and against analysts’ estimation of $0.44 per share.
Sequans Communications S.A. (NYSE:SQNS) shares surged 9.75 percent to $13.28 in pre-market trading session. The company stock was initiated with an “outperform” rating at Robert W. Baird with a price target of $16.
Tiffany & Co. (NYSE:TIF) shares gained 4.23 percent to $73.00 in pre-market trading session. Its first quarter net income rose to 81.1 million or$0.63 per share compared to $64.4 million or $0.50 per share in the same quarter.
Sandridge Energy Inc. (NYSE:SD) shares advanced 3.7 percent to $11.20 in pre-market trading session. The company announced on Wednesday the filing of a Registration Statement with the Securities and Exchange Commission relating to the initial public offering of approximately $600 million in common units representing beneficial interests in SandRidge Permian Trust.
Family Dollar Stores, Inc. (NYSE:FDO) shares gained 2.13 percent to $55.99 in pre-market trading session.
Dex One Corp. (NYSE:DEXO) shares gained 3.96 percent to $2.10 in pre-market trading session. The stock has a 52 week low of $1.61 and 52 week high of $23.95 and has $101.12 million market capitalization.
Netapp Inc. (NASDAQ:NTAP) shares advanced 3.42 percent to $53.50 in pre-market trading session. The company reported fourth quarter net income of $160.6 million or $0.40 per share compared to $145.1 million or $0.40 per share in the same quarter last year.
Computer Sciences Corp. (NYSE:CSC) shares slumped 8.6 percent to $40.30 in pre-market trading session. Its fourth quarter net income declined $171 million or $1.09 per share from $259 million or $1.66 per share in the same quarter last year. The company expects fiscal 2012 earnings to be in the range of $4.70 to $4.80 per share on revenues of $16.5 billion to $17.0 billion, while analysts’ expect net income of $5.21 per share on revenues of $16.60 billion.
Big Lots Inc. (NYSE:BIG) shares declined 3.96 percent to $31.05 in pre-market trading session. The company reported first quarter net income of $52.5 million or $0.70 per share compared to $55.9 million or $0.68 per share in the same quarter last year.
Lender Processing Services, Inc. (NYSE:LPS) shares declined 1.91 percent to $24.68 in pre-market trading session. The stock has a 52 week low of $23.94 and 52 week high of $35.00 and has $2.17 billion market capitalization.
© Copyright IBTimes 2024. All rights reserved.