Top After-Market Movers (LSI, BEN, WFM, PHM, MYL, LRCX, CLF, TER, MUR, VAR )
The companies whose shares are actively traded in the aftermarket trading session on Wednesday are: LSI Corp, Franklin Resources, Whole Foods Market, PulteGroup, Mylan, Lam Research, Cliffs Natural Resources, Teradyne, Murphy Oil and Varian Medical Systems Inc.
LSI Corp. (NYSE:LSI) shares climbed 11.65 percent to $7.19 in post market trading session. Its second quarter net income surged to $293.78 million or $0.48 per share from $7.43 million or $0.01 per share in the same period last year.
For the third quarter, the company expects adjusted earnings to be in a range of $0.11 to $0.17 per share on $535 to $565 million revenue. Analysts’ expect earnings of $0.12 per share on revenue of $510.67 million.
Franklin Resources Inc. (NYSE:BEN) shares gained 3.7 percent to $126.93 in post market trading session. The company stock plunged more than 4 percent in regular trading session.
Whole Foods Market Inc. (NASDAQ:WFM) shares advanced 3.42 percent to $67.67 in aftermarket trading session. The company reported third quarter net income of $88.5 million or $0.50 per share compared to $65.7 million or $0.38 per share in the same quarter last year and against analysts’’ estimation of $0.48 per share.
PulteGroup Inc. (NYSE:PHM) shares advanced 3.29 percent to $7.23 in aftermarket trading session. The stock has a 52 week low of $6.13 and 52 week high of $9.31 and has $2.68 billion market capitalization.
Mylan Inc. (NASDAQ:MYL) shares advanced 2.62 percent to $23.50 in post market trading session. Its second quarter net income surged to $146.45 million or $0.33 per share from $51.47 million or $0.16 per share in the same quarter a year-ago.
Lam Research Corp. (NASDAQ:LRCX) shares slumped 6.21 percent to $39.60 in post market trading session. Its second quarter net profit declined to $125.9 million or $1.01 per share from $140.0 million or $1.10 per share in the same quarter last year.
Cliffs Natural Resources Inc. (NYSE:CLF) shares plunged 5.95 percent to $88.02 in post market trading session. The company reported second quarter net income of $407.7 million or $2.92 per share compared to $260.7 million or $1.92 per share in the same quarter last year, while analysts’ expected net income of $3.71 per share.
Teradyne Inc. (NYSE:TER) shares declined 5.45 percent to $13.01in post market trading session. Its second quarter net income declined to $89 million or $0.39 per share from $122 million or $0.55 per share in the same quarter a year-ago.
Murphy Oil Corp. (NYSE:MUR) shares declined 5.41 percent to $66.92 in post market trading session. The company reported second quarter net profit of $311.6 million or $1.60 per share compared to $272.3 million or $1.41 per share in the same period last year, while analysts’ expected net income of $1.67 per share.
Varian Medical Systems Inc. (NYSE:VAR) shares declined 5.39 percent to $67.12 in aftermarket trading session. The stock has a 52 week low of $51.01 and 52 week high of $72.19 and has $7.87 billion market capitalization.
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