Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

A Recap of Thursday’s Post-Market Earnings Reports

This week has been a busy one for earnings reports all around the markets, and the last couple of days have been no exception, for sure. After Thursday’s market closing, there has been a flurry of earnings reports, so to help you out, we’re recapping the earnings from Thursday evening by the biggest companies (those with market caps of $5 billion or more).

Facebook Inc. (FB)


The most-anticipated report was from Facebook (NASDAQ:FB), which posted its first since going public in May. In anticipation, the stock dropped 8.5 percent during the day, and then the report – an EPS of 12 cents was equal with estimates, while revenue of $1.18 billion beat estimates by $30 million and was a 32-percent hike over the same quarter a year ago. Immediately, shares jumped 4 percent; but once the details were revealed (200 percent more expenses, nearly half the cash reserves), the stock dropped another 10 percent from its close, down to about $24.25 a share.

Starbucks Corporation (NASDAQ:SBUX) did pretty well during the day, advancing about 4 percent to nearly $52.50 a share, but then the company reported an EPS of 43 cents and revenue of $3.3 billion, missing estimates by 2 cents and $30 million, respectively. Though revenues were up 13 percent over 2011, the miss sent the stock in reverse, shedding more than 10 percent off its close to less than $47 a share. Inc. (NASDAQ:AMZN) moved up about 1.3 percent during the day to close at about $220 a share before it announced its quarterly earnings. The EPS of 1 cent missed estimates by 1 cent, and revenue of $12.8 billion was $60 million short of estimates, which dropped the stock 7 percent after the close. Despite that, and a projection of an operating loss in the current quarter, the price rebounded from its losses and was up 1.5 percent to $223.25 a share.

Biotech medicine firm Amgen Inc. (NASDAQ:AMGN) saw a good day get even better after-hours. The stock gained 1.7 percent during the day, then got a boost when the company reported EPS of $1.61 (beating estimates by 7 cents) and revenue of $4.48 billion (a $400 million beat). Lapping the estimates got investors excited, and the stock spiked nearly 5 percent after the bell to $83 a share.

Waste material-handling company Republic Services, Inc. (NYSE:RSG) has a slightly positive day, moving slightly higher during the day. In its report, it cited an EPS of 59 cents which beat estimates by 10 cents, but a revenue number of $2.06 billion missed the mark by $30 million. This will be one to watch when Friday’s market opens.

Pharmaceutical company Gilead Sciences, Inc. (NASDAQ:GILD) moved up about 1 percent on the day before announcing its earnings.  With an EPS of 99 cents topping estimates by 4 cents and revenue of $2.41 billion topping by $120 million (and a 14-percent rise over 2011), the stock moved another 2.5 percent higher after-hours to $53 a share.

A related company, healthcare IT giant McKesson Corporation (NYSE:MCK) fell slightly on the day prior to its earnings release. The numbers were mixed for investors; while EPS of $1.55 topped estimates by 7 cents, revenue of $30.8 billion was $300 million short of projections. Which number will investors take to heart Friday will be something to watch.

Property-and-casualty insurance holding company The Chubb Corporation (NYSE:CB) was slightly in the green Thursday, up less than 1 percent before releasing its earnings. The company reported EPS of $1.37, which shattered estimates by 23 cents per share. A stock uptick may be in order Friday.

IT software management company CA, Inc. (NASDAQ:CA) saw its stock rise by 2.5 percent during the trading day, but momentum slowed with the earnings – while the EPS of 63 cents beat estimates by 2 cents, revenue of $1.13 billion was actually down from 2011 numbers. As a result, the stock backed up slightly after-hours, down about 0.7 percent to $26.14 a share.


Analog circuit manufacturer Maxim Integrated Products, Inc. (NASDAQ:MXIM) posted EPS of 45 cents, which beat estimates by 6 cents, while revenue of $605 million was in-line. Stock was up nearly 2 percent on the day to $26.01.

Insurance company Cincinnati Financial Corporation (NASDAQ:CINF) reported an EPS of 17 cents and total revenue of $1.02 billion, which beat estimates by 5 cents and $280 million, respectively. The stock closed up 1.25 percent to north of $37.50.

Nanoelectronics company KLA-Tencor Corporation (NASDAQ:KLAC) reported an EPS of $1.49 and revenue of $892.5 million, which beat estimates by 18 cents and $19 million respectively. After being up 1.5 percent during the day, the stock has retreated by nearly 3.5 percent after the close to $48.

Insurance carrier Principal Financial Group Inc. (NYSE:PFG) reported an EPS of 72 cents, which missed estimates by 2 cents. The stock was up 2. percent during the day and gained another third of a point after-hours to nearly $25.75.

Online travel company Expedia Inc. (NASDAQ:EXPE) reported quarterly EPS of 76 cents and revenue of $1.04 billion, both of which topped estimates by 5 cents and $150 million, respectively. The stock was up 3.3 percent during the day, and gained more than 13 percent more after-hours, to nearly $52.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!