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|  | FEBRUARY 16, 2005 04:55 PM
 MARKET MOVERS Coke Gains on Higher Earnings Applied Materials rises on higher first-quarter sales; Network Appliances declines on lower revenue forecasts; plus more of Wednesday's stocks in the news Coca-Cola (KO ) posted 50 cents, vs. 38 cents fourth-quarter earnings per share (GAAP) on 1.6% higher net operating revenues. Applied Materials (AMAT ) posted 17 cents, vs. 5 cents first-quarter earnings per share on a 14% sales rise. The company sees 16 cents to 17 cents second-quarter earnings per share on revenue flat to slightly higher, vs. the first-quarter. It sees orders flat to down 10%. Network Appliances (NTAP ) posted 16 cents, vs. 11 cents third-quarter earnings per share (GAAP) on a 39% revenue rise. The company sees a fourth-quarter sequential revenue rise of 6% to 9% and a 16 cents earnings per share (GAAP). Interactive Corp. (IACI ) posted a 7-cent fourth-quarter loss, vs. 20 cents earnings per share (GAAP) on 5% lower revenue. Jones Apparel Group (JNY ) posted 28 cents, vs. 33 cents fourth-quarter earnings per share on 4.4% lower same-store sales (excluding Barneys). The company says the fourth quarter was more challenging than anticipated. It reaffirms $2.75 to $2.90 2005 earnings per share guidance and sees $5.3 billion to $5.35 billion in revenues. Moody's Corp. (MCO ) posted 80 cents, vs. 56 cents fourth-quarter earnings per share (including items) on an 11% revenue rise. The company sees 2005 earnings per share in high single-digit percent range, excluding the impact of expensing stock-based compensation. It sets a 2-for-1 stock split. Eyetech Pharmaceuticals (EYET ) posted a 72-cent fourth-quarter loss, vs. a 49-cent loss as higher costs offset 10% growth in collaboration revenue. The company believes 2005 net sales for Macugen will be in the range of $125 million to $140 million and does not expect to be profitable in 2005. Outback Steakhouse (OSI ) posted 50 cents, vs. 58 cents fourth-quarter earnings per share as higher costs for tomatoes, relief contribution for hurricanes in Florida, and other factors offset an 18% revenue rise. Audible (ADBL ) posted 6 cents fourth-quarter earnings per share, vs. a 40-cent loss on a 77% revenue rise. The company sees 2005 free cash flow of $1.6 milliono to $2 million, vs. 2004's free cash flow of $4.2 million and revenue of $59 million to $62 million. LeapFrog Enterprises (LF ) posted a 15-cent fourth-quarter loss, vs. 72 cents earnings per share on a 23% sales decline. The company announces the resignation of COO Fred Forsyth and hires Rob Moon as replacement, sets a realignment plan, and cuts 180 jobs. S&P reiterates sell. Abercrombie & Fitch (ANF ) posted $1.15, vs. 97 cents fourth-quarter earnings per share on a 9% same-store sales rise and 23% total sales rise. The company sees $2.80 to $3.00 fiscal 2006 earnings per share on net sales growth of about 20%. S&P reiterates buy. Nordstrom (JWN ) posted $1.03, vs. 74 cents fourth-quarter earnings per share (pro forma) on 7.2% higher same-store sales and 9.4% higher total sales. The company sees $3.25 to $3.35 fiscal 2006 earnings per share reflecting low single-digit same-store sales growth. It also sees 62 cents to 67 cents first-quarter earnings per share. FTD Group (FTD ) says its Consumer Business segment experienced an increase of about 19% in total orders of flowers and specialty gifts this Valentine's Day season, vs. a year ago. The Florist Business also experienced strong growth. Mohawk Industries (MHK ) posted $1.52, vs. $1.51 fourth-quarter earnings per share on an 8% sales rise. The company sees $1.03 to $1.12 first-quarter earnings per share. S&P keeps buy.  All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. No part of analyst compensation was, is or will be, directly or indirectly related to the specific recommendations or views expressed in this research report. Standard & Poor's Regulatory Disclosure Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of Standard & Poor's, which operates separately from and independently of BusinessWeek Online. It is possible that BWOL may from time to time publish information that is not consistent with advice, analysis, or recommendations that are published by Standard & Poor's. Standard & Poor's and BusinessWeek Online are each units of The McGraw-Hill Companies, Inc.
BW MALL
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