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Nautilus, Inc. (NYSE: NLS) 10% HIGHER; Nautilus expects to report net sales of approximately $65.0 million for the fourth quarter of 2012, an increase of 8.4% compared to the fourth quarter of 2011. For the full year 2012, net sales are expected to approximate $194.0 million, an increase of 7.5% compared to 2011. Fully diluted earnings per share from continuing operations are estimated to be in the range of $0.21 – $0.23 for the fourth quarter of 2012, compared to $0.11 per share for the fourth quarter of 2011. Fully diluted earnings per share from continuing operations on a full year basis are expected to be in the range of $0.32 – $0.34 in 2012, versus $0.08 per share in 2011. (***Street see EPS of $0.19 on revenue of $62.28 million)
Columbia Sportswear Co (NASDAQ: COLM) 9% LOWER now expects to report fourth quarter net sales of approximately $499.0 – $503.0 million, a decline of approximately 5 percent compared with fourth quarter 2011 net sales of $526.1 million. Prior fourth quarter outlook anticipated net sales growth of up to 1.5 percent. The Wall Street consensus is $533.8 million. The company said net sales were hampered by a combination of mild winter weather in North America during most of the holiday shopping period, general consumer caution and reduced retail traffic in key markets, and a more promotional environment.
CBS Corporation (NYSE: CBS) 8% HIGHER; announced a pair of strategic initiatives regarding its CBS Outdoor operating segment, which is comprised of two businesses — one in the Americas and the other in Europe and Asia. For the Outdoor Americas division, the Company has begun the process of converting the business into a real estate investment trust (REIT). For its Outdoor operations in Europe and Asia, the Company will pursue a divestiture of the business, which will be presented as a discontinued operation as of December 31, 2012.
Plexus Corp (NASDAQ: PLXS) 4% HIGHER; reported Q1 EPS of $0.47, $0.03 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $530.5 million versus the consensus estimate of $551.98 million. Plexus Corp sees Q2 2013 EPS of $0.50-0.55, versus the consensus of $0.53. Plexus Corp sees Q2 2013 revenue of $550-580 million, versus the consensus of $561.4 million.
Northern Tier Energy LP (NYSE: NTI) 3% LOWER; commenced an underwritten public offering of 9,000,000 common units representing limited partner interests in the Partnership held by Northern Tier Holdings LLC.
VEO Pharmaceuticals, Inc. (NASDAQ: AVEO) 3% LOWER; announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares in the offering are to be sold by AVEO. The proposed size of the offering was note disclosed.
The Boeing Company (NYSE: BA) 2% LOWER; U.S. FAA ordered a temporarily cease in operations of Boeing 787
SLM Corp. (NASDAQ: SLM) 2% LOWER; reported Q4 EPS of $0.55, $0.02 better than the analyst estimate of $0.53. Revenue for the quarter came in at $792 million versus the consensus estimate of $711 million. SLM Corp. sees FY2013 EPS of $2.30. SLM Corp. sees FY2013 revenue of $4.0 billion
Cree, Inc. (NASDAQ: CREE) 2% LOWER; Jefferies downgraded the stock from Buy to Underperform.
Lamar Advertising Co. (NASDAQ: LAMR) 4% HIGHER; up on CBS REIT news
Williams-Sonoma, Inc. (NYSE: WSM) 2% LOWER; announced that net revenues for the nine-week holiday period (October 29, 2012 – December 30, 2012) increased 4.8% to $1.014 billion versus the comparable last year nine-week holiday period ended January 1, 2012. Comparable brand revenues increased 4.4%.
eBay, Inc. (NASDAQ: EBAY) 1% HIGHER; reported Q4 EPS of $0.70, $0.01 better than the analyst estimate of $0.69. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.98 billion. eBay, Inc. sees Q1 2013 EPS of $0.60-0.62, versus the consensus of $0.63. Sees Q1 revenues of $3.65-$3.75 billion, versus the consensus of $3.79 billion. eBay, Inc. sees FY2013 EPS of $2.70-2.75, versus the consensus of $2.74. Sees FY2013 revenues of $16-$16.5 billion, versus the consensus of $16.3 billion.
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