5 Stocks Hitting Radars: HP Climbs Higher, BRCD Pops 3%, and Jack in the Box Surprises
Shares of Hewlett-Packard (NYSE:HPQ) are edging higher in late trading after reporting fourth quarter results. Net income for the diversified computer systems company fell to $239 million (12 cents per share), compared to $2.54 billion ($1.10 per share) a year earlier. The company reported adjusted net income of $1.17 per share. By that measure, the company beat the mean estimate of $1.13 per share.
Analog Devices Inc. (NYSE:ADI) is down nearly 1% in extended trading after releasing earnings. Net income for the semiconductor company fell to $183.5 million (60 cents per share), compared to $225 million (73 cents per share) a year earlier. This is a decline of 18.4% from the year earlier quarter.
Brocade Communications Systems (NASDAQ:BRCD) are popping more than 5% after the closing bell. The company dropped to a fourth quarter loss, but results topped expectations. BRCD reported adjusted net income of 16 cents per share. By that measure, the company beat the mean estimate of 6 cents per share. It beat the average revenue estimate of $527.1 million.
After reporting a 92% jump in profit, shares of Dycom Industries Inc. (NYSE:DY) are surging more than 7%. The company reported a profit of $13 million (38 cents per share), compared to $6.7 million (18 cents per share) last year.
Shares of Jack in the Box Inc. (NASDAQ:JACK) are popping after the fast-food burger joint posted better-than-expected earnings. Net income increased to $22.7 million (49 cents per share), compared to only $4 million (7 cents per share) last year. Shares of McDonald’s (NYSE:MCD) and Yum! Brands, Inc. (NYSE:YUM) are edging lower in late trading.