Market Overview

Top Trending Tickers On StockTwits For February 12

Related ANR
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Here's a look at the top tickers trending on StockTwits.com

TripAdvisor: In-line quarter

Last night, TripAdvisor (NASDAQ: TRIP) reported its fourth quarter earnings. The company announced an EPS of $0.21, in-line with the consensus estimate. Revenue of $212.7 million beat the consensus of $205.8 million. Net income for the quarter for the quarter totaled $30.5 million and $244.6 million for full year 2013, up six percent from last year. In the quarter, traffic to the site grew 50 percent year over year as the company attracted more than two billion unique visitors during 2013.

“The fourth quarter capped a strong 2013, as more than two billion unique visitors came to TripAdvisor to be inspired, to conduct research and to plan or share the details of their trip,” said Steve Kaufer, President and CEO of TripAdvisor. “We are working on a number of exciting initiatives to make every visit to TripAdvisor more comprehensive, engaging, personalized and enjoyable as we strive to provide the best experience for every user, on every device, in every geography.”

Shares were trading higher by 4.15 percent in the pre-market session.

Cisco: Reporting after the closing bell today

Tech heavyweight Cisco (NASDAQ: CSCO) is set to report its second quarter results after the closing bell. The consensus EPS is $0.46 on revenue of $11.03 billion.

When Cisco reported its first quarter results in November, the company beat the consensus EPS by two cents but revenue fell short of the estimate by $250 million. At that time, management guided its first quarter revenue to decline eight to ten percent year over year and guided its EPS to be $0.45 to $0.47.

Shares were trading lower by 0.35 percent in the pre-market session.

Deere: Solid beat, cautious outlook

This morning, Deere & Company (NYSE: DE) reported its first quarter results. The company announced an EPS of $1.81, beating the consensus estimate of $1.53. Revenue of $7.65 billion beat the consensus estimate of $6.62 billion. Net income for the quarter totaled $681.1 million, up from $649.7 million in the same quarter last year.

Deere offered full year guidance and said that demand for farm equipment is "moderating," and the company expects sales of its agriculture and turf gear to decline six percent this year. Management reaffirmed previous guidance and said that it still expects its profit to be $3.3 billion.

"With another record quarter, John Deere has started 2014 on a strong note," said Samuel R. Allen, chairman and chief executive officer. "Our results demonstrate the adept execution of our operating and marketing plans, which are aimed at expanding our global market position and helping our customers throughout the world be more profitable and productive," he said. "In addition, we are seeing further benefit from efforts to hold the line on costs."

Shares were trading higher by 1.42 percent in the pre-market session.

Alpha Natural Resource: Revenue miss

This morning, Alpha Natural Resources (NYSE: ANR) reported its fourth quarter results. The company announced an EPS of -$0.52, beating the consensus estimate of -$0.61. Revenue of $1.1 billion missed the consensus estimate of $1.02 billion. Net loss for the quarter rose to $359 million compared with a net loss of $128 million in the fourth quarter of last year.

"2013 was a challenging year for Alpha and the coal industry. After completing an extensive restructuring initiative in 2012, we announced further cost reductions in the fall of 2013 to better match our production and overhead expenses with current and anticipated market conditions,” said Kevin Crutchfield, Chairman and Chief Executive Officer of Alpha Natural Resource. “These are always difficult decisions because they affect employees and their families, but they are necessary in these challenging times. We have also actively managed our balance sheet to improve financial flexibility and enhance cyclical resilience by opportunistically accessing the capital markets and agreeing to monetize a portion of our Marcellus shale gas acreage.”

Shares were trading higher by 2.10 percent in the pre-market session.

Hospira: Quarterly beat

This morning, Hospira (NYSE: HSP) reported its fourth quarter results. The company announced an EPS of $0.51, beating the consensus estimate of $0.50. Revenue of $1.08 billion beat the consensus estimate of $1.06 billion. Income from operations rose 72.7 percent to $53.2 million from $30.8 million in the fourth quarter 2012. Gross profit for the quarter rose to 29.7 percent from 28.6 percent in the same quarter last year.

"In 2013, Hospira made significant progress advancing the company's dual priorities of reinforcing our foundation and turbocharging growth, while also achieving solid financial performance, delivering adjusted* earnings per share at the higher end of our projections,” said F. Michael Ball, chief executive officer. "We believe our quality-improvement efforts and growth initiatives are positioning Hospira for a stronger, more competitive future, driving sustainable growth and value to our shareholders.”

Shares were showing no activity in the pre-market session.

Posted-In: alpha natural resources Cisco Cisco Earnings Coal Companies Deere Deere Outlook Farming equipmentNews Best of Benzinga

 

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