4 Stocks Surging On Their Earnings Calls

Shares of salesforce.com, inc. (NYSE: CRM) were up more than 3.3 percent in Wednesday’s after-hours session, after the company reported its third-quarter financial results. The enterprise cloud computing solutions provider delivered earnings of $0.21 per share on revenue of $1.712 billion, beating guidance of $0.18-$0.19 per share and $1.69-$1.7 billion, and the Street’s consensus estimate of $0.19 per share and $1.701 billion.

An even larger gainer was Keurig Green Mountain Inc (NASDAQ: GMCR), which rose almost 20 percent after the bell rang. The coffee roaster reported earnings of $0.85 per share on revenue of $1.037 billion, ahead of the Street’s consensus which called for earnings of $0.70 per share on revenue of $1.025 billion.

NetApp Inc. (NASDAQ: NTAP) was up about 0.5 percent after the market closed. The mid-cap tech company reported earnings of $0.61 per share on sales of $1.445 billion, above the Street’s consensus estimate of $0.56 per share and $1.431 billion, and guidance of $0.55 to $0.60 per share, and $1.4 billion to $1.5 billion.

L Brands Inc (NYSE: LB) gained roughly 0.3 percent in Wednesday’s after-hours session, after reporting earnings of $0.55 per share on revenue of $2.482 billion. Management was expecting EPS between $0.51 and $0.53, while the Street’s consensus stood at $0.53. Revenue fell slightly short of experts’ expectations of $2.497 billion.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.