Earnings Roundup: 5 Top Nasdaq Stocks to Analyze After Earnings

Top Dow (NYSE:DIA) and S&P 500 (NYSE:SPY) stocks on the NYSE (NYSE:NYX) announced earnings this week. Here’s your Cheat Sheet to their announcements and business outlooks:

Must Read Feature: Why Apple Needs to Replace Cisco on the Dow 30 Now.

Priceline.com Inc. (NASDAQ:PCLN): Priceline.com, Inc. is an online travel company that offers travel services, including hotel rooms, airline tickets, vacation packages, car rentals, cruises and destination services. Net income for the company rose to $256.4 million ($5.02 per share) vs. $115 million ($2.26 per share) in the same quarter a year earlier. This is a more than twofold rise from the year earlier quarter. Revenue rose 43.7% to $1.1 billion from the year earlier quarter. PCLN reported adjusted net income of $5.49 per share. By that measure, the company beat the mean estimate of $4.58 per share. It beat the average revenue estimate of $1.07 billion. The stock rose 11.10% in after hours trades.

“The Group benefitted from strong 2nd quarter performances by our global hotel and rental car businesses,” said Jeffery H. Boyd, President and Chief Executive Officer of the Priceline Group. “Global hotel room nights increased 56% compared to last year, while global rental car days were up 55% for the two nd quarter. In general, our hotel booking business is benefitting from improving ADRs, continuing strength in our core markets, and high rates of growth in new markets, particularly Asia-Pacific, where both Booking.com and Agoda are performing well.”

Competitors to Watch: Orbitz Worldwide, Inc. (NYSE:OWW), Expedia, Inc. (NASDAQ:EXPE), and Travelzoo Inc. (NASDAQ:TZOO).

Activision-Blizzard (NASDAQ:ATVI): The video game publisher and developer reported its results for the second quarter Wednesday. Net income for the company rose to $335 million (29 cents per share) vs. $219 million (17 cents per share) in the same quarter a year earlier. This marks a rise of 53% from the year earlier quarter. Revenue rose 19% to $1.15 billion from the year earlier quarter. The company beat the mean estimate of 5 cents per share and topped the revenue estimate of $601.9 million. ATVI stock is up 2.37% in early trades.

Chief Executive Officer Robert Kotick said, “Looking to the balance of the year, while we have numerous releases we believe our audiences will be especially excited by three key properties – Call of Duty: Modern Warfare three, our new online service Call of Duty Elite and Skylanders Spyro’s Adventure – all of which are shaping up to be incredible.”

Competitors to Watch: Electronic Arts Inc. (NASDAQ:ERTS), Microsoft Corporation (NASDAQ:MSFT), Take-Two Interactive Software, Inc. (NASDAQ:TTWO), and THQ Inc. (NASDAQ:THQI).

Leap Wireless International (NASDAQ:LEAP): The wireless communications carrier reported its results for the second quarter. The company said its loss widened to $65.2 million (85 cents per diluted share) from $18.2 million (loss of 24 cents per share) in the same quarter a year earlier. Revenue fell 14% to $760.5 million from the year earlier quarter. Leap Wireless fell short of the mean analyst estimate of a loss of 48 cents per share. It fell short of the average revenue estimate of $780.3 million. The stock is down -4.38% so far in trading.

Competitors to Watch: MetroPCS Communications, Inc. (NYSE:PCS), Sprint Nextel Corporation (NYSE:S), Verizon Communications Inc. (NYSE:VZ), Clearwire Corporation (NASDAQ:CLWR), and AT&T Inc. (NYSE:T).

“During the second quarter, the business delivered a substantial improvement in adjusted OIBDA margin, which increased 600 basis points from the first quarter of 2011, as we had anticipated,” said Doug Hutcheson, Leap’s president and chief executive officer. “We surpassed last year’s gross voice additions, and net voice additions improved by more than 100,000 customers year-over-year. New and existing customers continued to select our smart and Muve Music devices, which comprised nearly 50 percent of new handset sales during the quarter.”

Tesla Motors (NASDAQ:TSLA): Tesla designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. The company reported its earnings for the second quarter, with a loss that widened to $58.9 million (60 cents per diluted share) from $38.5 million (loss of $5.04 per share) in the same quarter a year earlier. Revenue rose more than twofold to $58.2 million from the year earlier quarter. TSLA reported an adjusted net loss of 53 cents per share. By that measure, the company beat the mean analyst estimate of a loss of 55 cents per share. It beat the average revenue estimate of $48.8 million. The stock is down -2.57% premarket.

Competitors to Watch: Toyota Motor Corp. (NYSE:TM), HONDA MOTOR CO., LTD. (NYSE:HMC), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), and Tata Motors Limited (NYSE:TTM).

Sirius-XM Radio (NASDAQ:SIRI):  The satellite radio company reported its fiscal results for the second quarter Tuesday. Net income for the broadcasting company rose to $173.3 million (3 cents per share) vs. $15.3 million (0 cents per share) in the same quarter a year earlier. This marks a substantial increase from the year earlier quarter. Revenue rose 6.4% to $744.4 million from the year earlier quarter. Sirius beat the mean analyst estimate of one cent per share. Analysts were expecting revenue of $752.5 million. SIRI stock sank 1.90% in trading.

“Our results in the second quarter were strong, and we are proud of our record levels of subscribers, revenue, and adjusted EBITDA and growth in free cash flow. SiriusXM continues to perform well, and we are pleased to raise our subscriber guidance and, for the second time this year, our free cash flow guidance,” said Mel Karmazin, Chief Executive Officer, SiriusXM.

Competitors to Watch: Pandora (NYSE:P).

Fresh Off the Press: Wall St. Cheat Sheet’s newest Feature Trades of the Month!