Angie's List, Inc. (ANGI) jumped 25 percent to $17.00. The company swung to a profit in its fourth quarter on a total revenue growth of 68 percent. Both earnings per share and revenue were above analysts' expectations. The company also forecast first quarter revenue above the consensus estimate.
Skechers USA Inc. (SKX) gained 9 percent to $21.38. The company reported a profit in its fourth quarter, versus a loss in the last year quarter. Sales increased more than 39 percent over the same period in 2011, reflecting improvements across all of its revenue channels, including a 72 percent increase in domestic wholesale business.
j2 Global, Inc. (JCOM) rose 10 percent to $34.96 as the company's fourth quarter results topped Wall Street view. The company also forecast fiscal 2013 results above analysts' prediction.
Cisco Systems, Inc. (CSCO) declined 2 percent to $20.73. The company's second quarter profit improved from the year-ago quarter and its adjusted earnings per share were above Wall Street view. Net sales for the quarter rose 5 percent and managed to beat the consensus estimate.
Whole Foods Market, Inc. (WFM) declined 6 percent to $91.15. The company's first quarter earnings improved 24 percent from the prior year period and were above analysts' estimate. Sales increased 14 percent from the year-ago quarter. Meanwhile, the company narrowed its comparable and identical store sales growth ranges for the fiscal year. The company said it does not expect to produce the same level of earnings per share growth over the remainder of the year and also does not expect an improvement in gross margin this year.
Weight Watchers International, Inc. (WTW) was down nearly 16 percent to $45.60. The company's fourth quarter earnings declined from the prior year period, but were above Wall Street view. Revenues rose 1.7 percent versus the prior year period and were above the consensus estimate. Meanwhile, the company forecast full-year earnings below Street view. The company noted that its current marketing has not been as effective in the tough economic and increasingly competitive environment.
Stamps.com Inc. (STMP) plunged 23 percent to $21.40. The company's fourth quarter earnings declined from the same period a year earlier. Total revenues improved 10 percent, but were below the consensus estimate. The company forecast fiscal 2013 results below analysts' estimates.
Itron, Inc. (ITRI) declined 10 percent to $43. The company swung to a profit in its fourth quarter, positively impacted by a tax benefit, while its non-GAAP earnings per share were below the market view. Revenues declined from the year-ago quarter. The company anticipates full-year 2013 results below analysts' expectations.
CenturyLink, Inc. (CTL) fell 13 percent to $36.01. The company's fourth quarter adjusted earnings per share and operating revenues were below Wall Street view. The company forecast first quarter adjusted earnings per share above analysts' estimate, but operating revenue below estimate. Meanwhile, the company forecast fiscal 2013 results in-line with the market view. The company's board has authorized the repurchase of up to an aggregate $2.0 billion, but lowered its quarterly cash dividend.
by RTT Staff Writer
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