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The stock ended trading at $108.82 up $15.23 from Thursday's close.
The advance took the stock well over a recent trading range and to its highest level in about three weeks.
The company said that net earnings for the second quarter were $37.3 million, or $1.41 per share, compared to $26.9 million, or $1.03 per share, in the same quarter of 2007.
Quarterly sales increased to $497.1 million from $402.3 million for the same period of 2007.
Analysts, on average, polled by First Call/Thomson Financial expected earnings of $1.35 per share on revenues of $479.50 million.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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