5 Hot Stocks Lighting Up Trading Screens After Hours
Whole Foods (NASDAQ:WFM) shares are up 4.28% in after-hours trading after the grocery chain raised its fiscal 2011 outlook and reported a third-quarter profit of $88.4 million, a 35% increase from $65.7 million. Sales rose 11% to $2.4 billion, while same-store sales increased 8.1%. CEO Walter Robb said in a statement that Whole Foods is “continuing to gain market share at a faster rate than most public food retailers.” Whole Foods shares are up nearly 63% in the last twelve months.
Akamai (NASDAQ:AKAM) shares are down 12.38% in after-hours trading on a disappointing earnings report. While analysts predicted the company would report earnings per share of 36 cents on $277.8 million in revenue, the company reported a second-quarter profit of $47.9 million, with EPS of 25 cents, on revenue of $277 million.
Citrix Systems (NASDAQ:CTXS) shares have been down all day, dropping another 7.24% after the closing bell. The company reported a fiscal second-quarter profit of $82 million, or 43 cents a share, on revenue of $531 million. While profits increased over 70% from a year earlier, they fell short of analysts’ expectations of 55 cents a share.
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Aflac (NYSE:AFL) shares are up 0.77% after hours, with growth in its Japanese unit helping the insurer to a second-quarter profit beating Wall Street’s expectations. The company reported $733 million in profit, or $1.56 a share, up from $1.35 a share from a year earlier. It also beat forecasts of $1.54 a share. The company also reported a better third-quarter outlook than previously expected.
Crocs Inc. (NASDAQ:CROX) shares have climbed 9.12% after hours today, reporting second-quarter profit of $55.5 million, or 61 cents a share, up from $32.3 million, or 37 cents a share a year earlier. Revenue also increased from $228 million to $295.6 million. Analysts had predicted EPS of 44 cents on $282.2 million in revenue.