Market Update After Hours January 24

Market Summary

Dow Jones

13,825.33

46

-0.33%

S&P 500

1,494.82

0.01

0.00%

Nasdaq

3,130.38

-23.29

(-0.74%)

Gainers

Netflix, Inc. (NASDAQ:NFLX) 146.86 +43.60 (42.22%) delivered a pleasant surprise with its quarterly earnings, was due to popularity of Internet-connected televisions, tablets and smartphones, its Chief Executive Reed Hastings said in an interview. NFLX reported a fourth quarter profit of $7.9 million, or 13 cents a share, compared with a year-earlier profit of $35.2 million, or 64 cents a share. The company had predicted results to range from a loss of 23 cents to a profit of four cents a share. Revenue grew 8% to $945.2 million, above analysts’ expectations of $934 million.

Swift Transportation Co. (NYSE:SWFT) 13.14 +2.91 (28.45%) shares jumped after reporting fourth-quarter earnings. Revenue rose 7% in the quarter to $922.6 million, beating estimates of $885 million.

Popular, Inc. (NASDAQ:BPOP) 25.81 +3.10 (13.65%) revenue rose 7% in the quarter to $922.6 million, beating estimates of $885 million.

InvenSense Inc. (NYSE:INVN) 14.76 +1.52 (11.48%) announced its earnings results on Wednesday. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03.

Briggs & Stratton Corporation (NYSE:BGG) 23.00 +2.13 (10.21%) declared a quarterly dividend on Wednesday, January 23rd. Stockholders of record on Friday, March 15th will be given a dividend of $0.12 per share on Monday, April 1st. This represents a $0.48 dividend on an annualized basis and a yield of 2.28%.

Losers

OSI Systems, Inc. (NASDAQ:OSIS) 57.33 -14.03 (-19.66%) missed estimates on revenues and beat expectations on earnings per share for the quarter ended Dec. 31 (Q2).

Apple Inc. (NASDAQ:AAPL) 450.50 -63.51 (-12.35%) recorded a flat profit despite selling 18 million more iPhones and iPads, as it spent heavily to roll out new products to fend off intensifying competition.

Cirrus Logic, Inc. (NASDAQ:CRUS) 26.71 -3.24 (-10.82%) was downgraded by Zacks from an outperform rating to a neutral rating in a report released on Jan. 18. They currently have a $34.00 target price on the stock.

Texas Capital Bancshares Inc. (NASDAQ:TCBI) 42.05 -4.05 (-8.79%) reported fourth quarter net income of $0.76 per share after the bell Wednesday, compared to $0.67 per share last year. The consensus estimate was for EPS of $0.83.

Diebold Incorporated (NYSE:DBD) 29.91 -2.75 (-8.42%) announced preliminary 2012 fourth quarter revenue of approximately $840 million and a loss from continuing operations of $(.12) per share, or income from continuing operations of $.45 per share on a non-GAAP basis.

After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
BDN Brandywine Realty Trust

$12.90

4,469,873

NOK Nokia Corporation

$4.25

1,749,428

BAC Bank of America Corporation

$11.51

1,490,450

PFE Pfizer, Inc.

$26.90

1,420,229

PPG PPG Industries, Inc.

$143.98

1,334,100

TPX Tempur-pedic International Inc

$43.49

1,273,551

MRK Merck & Company, Inc.

$43.08

1,223,656

MUR Murphy Oil Corporation

$61.70

1,093,558

HIG Hartford Financial Services Group, Inc. (The)

$24.29

1,006,178

JNPR Juniper Networks, Inc.

$21.61

825,020

NASDAQ Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
MSFT Microsoft Corporation

$27.20

4,185,502

QQQ PowerShares QQQ Trust, Series 1

$66.58

1,724,197

SBUX Starbucks Corporation

$55.75

1,722,500

AMGN Amgen Inc.

$82.92

1,542,400

NWSA News Corporation

$27.06

747,105

SIRI Sirius XM Radio Inc.

$3.07

735,349

SCSS Select Comfort Corporation

$22.90

690,875

INTC Intel Corporation

$20.96

645,193

TIVO TiVo Inc.

$12.24

606,466

ETFC E*TRADE Financial Corporation

$9.88

510,625

edliston

edliston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.