Category: Earnings

Analysis, Earnings

After-Hours Losers: Power Integrations (POPWI), Panera Bread (PNRA)

Panera Bread (PNRA) shares declined in late trading after the restaurant chain provided a fiscal Q2 EPS forecast below Wall Street consensus. The St. Louis, Missouri-based company projects EPS to be in the range of $1.70 to $1.76 in the current quarter. The average estimate of 24 analysts was for EPS of $1.86, according Capital IQ data. The company also narrowed its full-year EPS target to … Continue reading After-Hours Losers: Power Integrations (POPWI), Panera Bread (PNRA)

Colin Pettis
Diversified Tech, Earnings

After-Hours Earnings Roundup: Riverbed Technology, Inc. (NASDAQ:RVBD), Trulia Inc (NYSE:TRLA)

Riverbed Technology, Inc. (NASDAQ:RVBD), which focuses on application performance infrastructure, is steady late Tuesday after its Q1 profit beat expectations by a penny, while revenue meets. The company reported non-GAAP net income of $40 million, or $0.24 per share, up from $39 million, or $0.23 per share, a year earlier and a penny better than the consensus estimate in the Capital IQ survey for $0.23. … Continue reading After-Hours Earnings Roundup: Riverbed Technology, Inc. (NASDAQ:RVBD), Trulia Inc (NYSE:TRLA)

John Meady
Earnings, Internet, Mobile

Open Text Files Shelf Registration, Stock Gaining Traction on Earnings

Open Text Corp. (OTEX) is up 6% late Friday, getting a boost from late-Thursday earnings. But the software company also said it is filing a shelf registration statement on Form S-3 (the Shelf Registration Statement) with the U.S. Securities and Exchange Commission (SEC), which becomes effective automatically. Filing of the Shelf Registration Statement is in part response to the demand and piggyback registration requests received … Continue reading Open Text Files Shelf Registration, Stock Gaining Traction on Earnings

Adam Keintzel
Diversified Tech, Earnings

Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results

As the first bell-whether company to report, Alcoa Inc (NYSE:AA) said Q1 came in at a loss of $(0.16)/share.  Excluding $276 million in special charges (from smelter and rolling mill capacity reductions), operating earnings for the metals and mining company were $0.09 (versus the street at $0.05). The delta versus analyst estimates came from strong performance in the alumina segment; primary metals also came in better … Continue reading Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results

Adam Keintzel
Analysis, Diversified Tech, Earnings

Boyd Gaming (NYSE:BYD) Surges After Hours; Hill International (NYSE:HIL), Atlas Financial Holdings Inc. (NASDAQ:AFH), Summit Midstream Partners, LP (NYSE:SMLP), American Eagle Energy (NYSEMKT:AMZG)

Boyd Gaming (NYSE:BYD) is surging in after-hours trading after activist hedge fund Elliott Associates disclosed a stake in the casino operator. In a filing with the SEC, Elliott disclosed it owns 4.99% of Boyd’s outstanding common stock, with a 2.05% exposure to common shares via derivatives. Elliott said its combined economic exposure to Boyd (NYSE:BYD) is 7%, with its voting power in the company coming … Continue reading Boyd Gaming (NYSE:BYD) Surges After Hours; Hill International (NYSE:HIL), Atlas Financial Holdings Inc. (NASDAQ:AFH), Summit Midstream Partners, LP (NYSE:SMLP), American Eagle Energy (NYSEMKT:AMZG)

Mark DeFrance
Diversified Tech, Earnings

Stocks on the Move Mid Day: Emmis Communications (NASDAQ:EMMS), Delta Air Lines (NYSE:DAL), BP (NYSE:BP), Sensient Technologies (NYSE: SXT)

Emmis Communications (NASDAQ:EMMS) jumped 4.7% after a federal court rules in favor of Emmis (NASDAQ:EMMS)  regarding dissident preferred shareholders. The judge now orders final judgement in the case. This ends a two-year fight with preferred shareholders who objected to Indianapolis-based media company’s decision to eliminate stock dividends and remove voting rights. Emmis Communications (NASDAQ:EMMS) is trading near the high end of a 52-week price range … Continue reading Stocks on the Move Mid Day: Emmis Communications (NASDAQ:EMMS), Delta Air Lines (NYSE:DAL), BP (NYSE:BP), Sensient Technologies (NYSE: SXT)

Jason Knox