Early Market Movers: Crocs, American Public Education


Stock futures dropped sharply after worse than expected July job numbers showed a greater-than-expected loss of 131,000 jobs and a fewer-than-expected 71,000 private sector jobs  added. The unemployment rate remained steady at 9.5%.

Here are some of Friday's early market movers:

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The footwear company posted second-quarter results late Thursday reporting earnings of 37 cents per share on revenue of $228 million. Analysts had estimated earnings of 22 cents per share and revenue of $220.59 million. Shares were up 8.9% in pre-market trading Friday on the beat.

Nanometrics Inc (NASDAQ:NANO)

The process control metrology system provider beat second-quarter expectations reporting earnings of 51 cents per share on revenue of $50.8 million. Analysts had estimated earnings of 27 cents per share and revenue of $39.28 million. Shares gained 12% in pre-market trading Friday.

American Public Education (NASDAQ:APEI)

Shares of the online education provider sank 32.8% in pre-market trading Friday after second-quarter results and comments were announced late Thursday. The company reported earnings of 37 cents per share beating estimates of 33 cents per share but said it could not support its full year outlook due to drops in military students.

ATP Oil & Gas Corporation (NASDAQ:ATPG)

Shares dropped 17.2% in pre-market trading after the company posted a larger second-quarter loss than expected reporting a loss of $1.63 per share while analysts had estimated a loss of 19 cents per share.

La-Z-Boy Inc. (NYSE:LZB)

The furniture manufacturer said late Thursday that high material cost and production delays would drive first-quarter earnings below current expectations sending shares down 9.6% in pre-market trading Friday.

Harman International Industries (NYSE:HAR)

The audio system manufacturer posted second quarter results below expectations late Thursday sending shares down 8.4% in pre-market trading Friday. The company reported non-GAAP earnings of 30 cents per share while the Street had been expecting 32 cents per share.

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