Top Stock Earnings Surprises (MFE, WFR, MCBC, SWKS)

McAfee, Inc. (NYSE:MFE) slumped 11.31% to $35.06 after it reported first quarter profit that missed analysts’ estimates after some customers put off large purchases of programs designed to protect computers from malicious software. The company’s rating was cut to “market perform” from outperform” at Wells Fargo Securities by equity analyst Philip Rueppel.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

MEMC Electronic Materials, Inc. (NYSE:WFR) slid 14.93% to $13.56 after it posted a first-quarter surprise loss, while analysts were expecting a profit.

Macatawa Bank Corporation (NASDAQ:MCBC) plummeted 23.56% to $1.98 after the company posted a first-quarter loss of $1.19 a share.

Skyworks Solutions, Inc. (NASDAQ:SWKS) climbed 7.27% to $17.42 after it reported revenue for FY Q2 ended April 2 of $238.1 million, and non-GAAP EPS of 24 cents; that was ahead of the Street at $232.2 million and 23 cents. For Q3, the company sees revenue up 10%-15% sequentially, with non GAAP EPS of 30 cents, ahead of the Street at 25 cents.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers stock newsletter on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.