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After-market Movers For Feb 6 (NWSA, V, GMCR, AKAM, PRU, IRBT, DV)

Gainers:

DeVry, Inc. (DV) rose nearly 12 percent to $29.20. The company's second quarter profit surged from the year-ago quarter and non-GAAP earnings per share were sharply above Wall Street view. Total revenue for the quarter fell 3.6 percent, but was above the consensus estimate.

Decliners:

News Corp. (NWSA) declined 3 percent to $27.43. The company's second quarter profit more than doubled from the year-ago quarter and its adjusted earnings per share were above Wall Street view. Total revenues improved 5 percent and also topped the consensus estimate.

Visa Inc. (V) fell 1 percent to $159.10. The company's first quarter profit improved from the year-ago quarter. Total operating revenues rose 12 percent and were above the consensus estimate. In addition, the company authorized a new $1.75 billion class A share repurchase program. Visa also affirmed its fiscal 2013 financial outlook.

Green Mountain Coffee Roasters Inc. (GMCR) declined more than 8 percent to $44.80. The company's first quarter profit improved from the prior year period and its adjusted earnings per share topped Wall Street view. Net sales for the quarter managed to come above the consensus estimate. Meanwhile, the company forecast second quarter non-GAAP earnings per share in-line with analysts estimate and net sales growth of 14 percent to 18 percent, which is below the average analysts' expectation. The company raised its fiscal year 2013 non-GAAP earnings per share guidance range and backed sales growth outlook.

Akamai Technologies, Inc. (AKAM) plunged 16 percent to $34.66. The company's fourth quarter profit improved from the previous year period and its normalized earnings per share were above Wall Street view. Revenue rose 17 percent, but was below the consensus estimate. The company also announced that it has authorized a $150 million extension of its share repurchase program.

Prudential Financial, Inc. (PRU) fell 1 percent to $57.60. The company slipped to a loss in its fourth quarter on a consolidated basis. Adjusted operating income for the Financial Services Businesses declined from the year-ago quarter.

iRobot Corp. (IRBT) declined 9 percent to $21.60. The company slipped to a loss in its fourth quarter, but was narrower than what analysts' had estimated. Revenue declined from the year-ago quarter and missed the consensus estimate. The company forecast first quarter earnings per share in-line with estimate, but revenue expectation was below market view.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
HP Inc. (HPQ), the PC and printer business of the former Hewlett-Packard Co., on Thursday reported a profit for the first quarter that increased from last year and trumped analysts' expectations driven largely by a higher-than-expected revenues. The PC giant detailed a second-quarter and full year... Hormel Foods Corp. (HRL) reported a profit for the first quarter of fiscal 2018 that increased 28.9 percent from the prior year. Total net sales grew 2.2 percent from last year. Earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. The company raised annual earnings per share guidance due to U.S. tax reform, while it maintained annual net sales outlook. Shares of Deutsche Telekom AG were losing around 3 percent in the morning trading in Germany after the telecom giant reported Thursday a decline in fourth-quarter EBITDA, a key earnings metric, with weak revenues. However, the company recorded a net profit, compared to loss last year on positive US tax effect. Deutsche Telekom lifted its dividend and said it expects higher earnings in 2018.
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