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5 Big After-Hours Earnings Winners

Earnings season is well underway, and there are many big winners and losers after earnings each day. 24/7 Wall St. has been tracking the individual reports for the biggest and best companies, but there are other earnings reports which are sending many of the other stocks far higher or far lower in the after-hours session each day.

These are five after-hours winners on Thursday after the close. Included is color on the earnings gains, the reaction before and after the report, and trading history and consensus analyst price target data. As a reminder, after-hours is much thinner trading volume and directions can change rapidly.

Ellie Mae, Inc. (NYSE: ELLI) was a surprise winner in software and services for the residential mortgage industry. Its stock closed down 1% at $69.13 ahead of the report and shares rose 7% to $74.00 in the after-hours on 35,000 shares since the close. Ellie Mae had record revenue up 65% to $65.9 million, and net income of $7.6 million was up by 62%. Ellie Mae has a 52-week range of $28.59 to $76.27 and a consensus price target of $73.00.

Expedia Inc. (NASDAQ: EXPE) saw its shares rise 0.7% to $107.61 ahead of earnings, but the stock was last seen up over 7% at $115.80 in the after-hours on over 400,000 shares since the closing bell. Expedia made $118.6 in adjusted operating income, or $0.89 per share, above the consensus of $0.85 EPS. Higher room night growth helped as revenue was up 11% to $1.66 billion. Expedia has a 52-week range of $70.91 to $115.00 and a consensus analyst price target of $113.46.

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SkyWest, Inc. (NASDAQ: SKYW) has seen thin volume, but earnings sent shares up 10% to $15.51 after it reported $31.5 million in second quarter net income, or $0.61 per diluted share versus $0.26 EPS expected. Operating income for was $70 million in the second quarter, SkyWest’s best since 2008. It has a 52-week range of $7.01 to $17.20 and a consensus analyst price target of $15.90.

YRC Worldwide Inc. (NASDAQ: YRCW) saw its shares rise 1.5% to $15.28 ahead of earnings, and shares were up more than 15% at $17.85 shortly after earnings. YRC Worldwide saw about 30,000 shares trade in the first 30 minutes of after-hours trading. Raymond James seems to have nailed it right here, upgrading YRC Worldwide just a day earlier. The company is making money again — second quarter operating revenue was $1.258 billion and operating income was $56.9 million, versus revenue of $1.318 billion and operating income of $20.0 million a year earlier. YRC Worldwide hardly has analyst targets, but its consensus target is listed as $19.75.

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ZELTIQ Aesthetics, Inc. (NASDAQ: ZLTQ) may not be a household name, but its technology behind the fat-cooling systems for non-invasive fat loss. The company shipped 387 systems, versus 208 systems a year ago; and now its total system installed base is 3,910 systems. Revenue was up 37% for $64 million and it again raised guidance to range of $245 million to $247 million in 2015 revenues. ZELTIQ shares were up 1% ahead of earnings at $32.11, and shares were up almost 10% at $35.20 after the report. its consensus price target is $36.88 and its 52-week range is $18.07 to $35.90.

LinkedIn saw its shares surge in the after-hours but then slid handily on strong earnings and solid guidance, while FireEye saw great growth get trumped by its CFO departing the company for a startup. Amgen may only be up close to 2%, but it could be challenging 52-week highs after its earnings reaction.

By Jon C. Ogg


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