Amazon.com Inc. (AMZN: Quote) gained nearly 1 percent to $222.00. The company's second quarter profit plunged 96 percent from the same period last year. Both earnings per share and revenue were below Wall Street view. The company also provided a weak outlook for its third quarter.
Amgen Inc. (AMGN) rose over 4 percent to $83.00. The company's second quarter profit and revenues improved from the year-ago quarter and were also above analysts' projection. The company also raised its forecast for 2012.
Deckers Outdoor Corp. (DECK: Quote) surged 16 percent to $48.99. The company's second quarter loss widened from the year-ago quarter, but was narrower than what analysts' had estimated. Net sales grew 13.1 percent and were also above the consensus estimate. The company also announced the approval to repurchase up to an additional $200 million of common stock.
Expedia Inc. (EXPE: Quote) jumped 13 percent to $51.86. The company's second quarter profit declined from the prior year period, yet its adjusted earnings per share topped analysts' estimate. Revenues for the quarter increased 14 percent.
Facebook Inc. (FB: Quote) declined 10 percent to $24.11 following announcement of its first quarter report after its initial public offering. The company slipped to a loss in its second quarter, while its adjusted earnings per share were in-line with Wall Street view. Revenues improved 32 percent and were above the consensus estimate.
Starbucks Corp. (SBUX: Quote) fell 10 percent to $47.17. The company's third quarter profit and net revenues increased from the prior year quarter, but both missed analysts' estimates. The company also lowered its fourth quarter earnings per share guidance citing difficult economic environment. Further, the company expects fiscal 2013 earnings below analysts' projection.
Acme Packet, Inc. (APKT: Quote) declined 13 percent to $13.98. The company slipped to a loss in its second quarter, although its adjusted earnings per share were in-line with analysts' estimate. The company currently expects its fiscal year 2012 adjusted earnings per share and revenues below estimates.
Coinstar, Inc. (CSTR: Quote) fell 14 percent to $50.85. The company's second quarter profit improved from the year-ago quarter. Revenue for the quarter grew 22 percent, but were below the consensus estimate.
Green Dot Corp. (GDOT: Quote) plunged 18 percent to $19.05. The company's second quarter profit declined from the same period last year. Non-GAAP total operating revenues increased 17 percent from the year-ago quarter, but missed Street view. The company lowered its guidance for the remainder of the year as it now see a greater level of uncertainty going forward in its business as the prepaid marketplace continues to evolve.
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by RTT Staff Writer
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