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Actionable news in DWA: Dreamworks Animation SKG, Inc.,

DreamWorks (DWA) Stock Jumps on Earnings Beat

NEW YORK (TheStreet) -- Shares of DreamWorks Animation (DWA - Get Report) are up by 12.07% to $22.65 in mid-morning trading on Friday, following the release of the company's third quarter earnings results on Thursday after the close.

The Glendale, CA-based animated film studio reported a third quarter net loss of $3.5 million, after reporting a profit in the year ago period, or a profit of 2 cents per share on an adjusted basis.

Analysts on average were expecting the company to report a net loss of 4 cents per share.

STOCKS TO BUY: TheStreet Quant Ratings has identified a...