Why Are Shares Down In These 3 Companies After Earnings?

Both the Dow (NYSE:DIA) and oil (NYSE:USO) decided to hit the pause button on Tuesday, as both traded slightly lower. However, precious metals gold (NYSE:GLD) and silver (NYSE:SLV) hit the fast forward to new highs button.

Aside from the market noise about a government shutdown and Warren Buffett’s tainted image, these 3 companies reported earnings on Tuesday:

1) Frisch’s Restaurants (AMEX:FRS): The American full service company operates under family style restaurants such as Big Boy and Golden Corral.  Before the opening bell, the company reported fiscal Q3 results.  Sales increased 4% from prior year to $67.5 million.  Net earnings slipped 8% to $1.8 million.  EPS were a little stale in Q3 at 37 cents per share, a 5% decrease.  Investors should continue to monitor how rising food costs weigh on food companies. Ruby Tuesday (NYSE:RT) and Monsanto (NYSE:MON) both report earnings on Wednesday.

2) AngioDynamics (NASDAQ:ANGO): Shares are down 1.6% in late trading after the company released Q3 results after the closing bell.  Net earnings increased 14% to $3.8 million (15 cents per share), analysts were expecting about 12 cents per share.  The company designs, develops, manufacturers, and markets therapeutic and diagnostic devices.  Investor looking to play the wave of baby boomers with medical companies may also want to consider Johnson&Johnson (NYSE:JNJ), Medtronic (NYSE:MDT), and Becton, Dickinson and Company (NYSE:BDX).

3) KB Home (NYSE:KBH): The housing market continues to look weak after the homebuilder reports Q3 results before the opening bell on Tuesday.  EPS of -$1.49 missed estimates by a staggering $1.22.  Revenue decreased 25% to $196.9 million, which was also a miss.  Shares closed down 4.18%.  For a more on the housing market, check out Case-Shiller Chairman: Here’s Why the Housing Market Recession is Not Over.

In addition to looking at individual stocks, Here’s 6 Small Caps With Tremendous Value.

Disclosure: No positions