Notable Stock Earnings Surprises (The Men's Wearhouse, SHFL, AVAV)

Shares of The Men's Wearhouse, Inc. (NYSE:MW) jumped about 1.30% after the company posted a higher than estimated profit in the fiscal second quarter.

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The company said that its new income improved to $42.5 million, or 80 cents a share, from $39.5 million, or 75 cents a share, in the year-earlier driven by sharp increase in Tuxedo rental sales. On an adjusted basis, the company earned of 83 cents a share in the latest quarter.

Revenue grew to $537 million from $526.2 million in the latest quarter.

Analysts were expecting the company report earnings of 77 cents per share on revenue of $535.01 million.

For the current quarter, the company projects adjusted earnings of 40 - 47 cents a share, topping analysts’ estimates of 41 cents a share.

Shuffle Master, Inc. (NASDAQ:SHFL) late Wednesday reported a higher than estimated third quarter profit.

The company said that it earned $5.8 million, or 11 cents per share, compared to profit of $5.6 million, or 10 cents per share, in the year-earlier period. On an adjusted basis, the company earned 13 cents per share during the quarter..

Revenue soared 14% to $51.5 million from $45.1 million.

Analysts were expecting the company to report earnings of 12 cents per share on revenue of $49.69 million

Shares of SHFL fell 4.75% to $8.23.

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AeroVironment, Inc. (NASDAQ:AVAV) fell about 0.70% `after reported a worse than forecasted revenue in its fiscal first-quarter.

The company said that its loss narrowed to $3.44 million, or 16 cents per share, compared with a loss of $3.59 million, or 17 cents per share, in the comparable quarter last year.

Revenues grew 1% to $38.23 million.

Analysts were eying the company to post a loss of 23 cents per share on revenue of $39.32 million.

For the fiscal year 2011, the company sees sales to grow between 10% - 15%, and slashed its operating income margin outlook to a range of 10% to 12% of revenue.

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