Earnings News

After-market Movers For Jan 18 (EBAY, XLNX, FFIV, PLXS, SANM, SLM)

Gainers:

eBay Inc. (EBAY) is up nearly 2 percent to $30.88. The company's fourth quarter profit surged from the prior year, primarily reflecting a gain on the sale of its remaining investment in Skype. Non-GAAP earnings per share and net revenues were above Wall Street estimates. However, the company expects first quarter non-GAAP earnings per share and net revenues below consensus.

Xilinx, Inc. (XLNX) is rising 7 percent to $37.80 as both earnings per share and revenues for the third quarter were above analysts' estimates. Profit for the quarter fell 17 percent, while revenues dropped 10 percent. The company expects sales for the March quarter to increase 2 to 6 percent sequentially.

F5 Networks, Inc. (FFIV) is gaining over 6 percent to $115.60. The company's first quarter profit increased from the year-ago quarter. Revenue rose 19.9 percent. Both earnings per share and revenue were above Wall Street view.

Plexus Corp. (PLXS) is up 9 percent to $36.25. The company's first quarter profit and revenues declined from the prior year quarter, but were above Wall Street estimates.

Decliners:

Sanmina-SCI Corp. (SANM) is falling 8 percent to $9.66 as the company's first quarter profit and revenue decreased from the year-ago quarter. Non-GAAP earnings per share and revenue were below consensus.

Sallie Mae, formally SLM Corp. (SLM), is down over 1 percent to $14.10. The company's fourth quarter core earnings declined, while GAAP profit increased from the prior year period. Core earnings per share were above analysts' estimate. The company expects full-year 2012 private education loan originations of $3.2 billion and forecast core earnings per share below consensus.

by RTTNews Staff Writer

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