CyberArk shares jump on strong earnings, guidance
(5:56 PM ET) SAN FRANCISCO (MarketWatch) -- CyberArk Software Ltd. /zigman2/quotes/206810080/composite CYBR -4.12% shares rallied late Thursday after the Israel-based computer security company blew past Wall Street estimates for its quarterly earnings and outlook. Shares of CyberArk surged 17% to $53.68 on heavy volume. The company reported adjusted fourth-quarter earnings of 21 cents a share on revenue of $36.3 million, when analysts were expecting 5 cents a share on revenue of $26.9 million. CyberArk forecast adjusted first-quarter earnings of 4 cents to 6 cents a share on revenue of $25.5 million to $26.5 million. Analysts had forecast a loss of 7 cents a share on revenue of $22.7 million.
King Digital shares rally after earnings beat, special dividend
(5:38 PM ET) SAN FRANCISCO (MarketWatch) -- King Digital Entertainment Inc.shares jumped Thursday after the mobile games maker topped Wall Street estimates and announced a special dividend. King Digital shares surged 21% to $17.83 on heavy volume. The Candy Crush games company reported adjusted fourth-quarter earnings of 57 cents a share on adjusted revenue of $559.2 million. Analysts had forecast earnings of 47 cents a share on revenue of $515.6 million. King announced a special dividend of 94 cents a share to be paid March 24 to shareholders of record as of March 4.
Campbell Soup's stock drops after profit, sales warning
(4:44 PM ET) NEW YORK (MarketWatch) -- Shares of Campbell Soup Co. /zigman2/quotes/202107764/composite CPB -0.90% slumped 5.4% in after-hours trade Thursday, after the soup and simple meals company lowered its fiscal 2015 profit and sales outlook, based on expectations that fiscal second-quarter results will be weaker than anticipated, and to reflect the negative effect of currency moves. The company now expects adjusted full-year earnings per share in the range of $2.32 to $2.38, and sales to be down 1% or up 1% from last year, compared with its previous projections of $2.45 to $2.50 and zero to 2%, respectively. The company said excluding the impact of currency translation, its sales outlook would be unchanged. The stock has gained 8.8% over the past three months through Thursday's close, outperforming the S&P 500's 2.5% advance.
Zynga's stock tumbles after disappointing loss, sales outlook
(4:26 PM ET) NEW YORK (MarketWatch) -- Shares of Zynga Inc. /zigman2/quotes/209662259/composite ZNGA -6.07% plunged 11% in after-hours trade Thursday, after the social game developer indicated it would record a surprise first-quarter loss on sales that are well below expectations. The company is expecting a first-quarter adjusted per-share loss, excluding non-recurring items, of 3 cents to 2 cents, compared with the FactSet consensus analyst estimate of a breakeven quarter. The company is projecting revenue of $155 million to $165 million, compared with the FactSet consensus of $196.9 million. For the fourth quarter, Zynga reported a net loss of $45.1 million, or 5 cents a share, compared with a loss of $25.2 million, or 3 cents a share, in the year-earlier period. On adjusted basis, Zynga broke even, matching expectations. Revenue rose 9% to $193 million, while monthly unique payers fell to 1.1 million from 1.3 million. The company also announced it wasin Beijing, affecting 71 employees. The stock has lost 5.3% over the past three months through Thursday's close, while the S&P 500 has gained 2.5%.
Groupon shares volatile after earnings beat, weak outlook
(4:23 PM ET) SAN FRANCISCO (MarketWatch) -- Groupon Inc. /zigman2/quotes/207356672/composite GRPN -2.84% shares were volatile in the extended session after the online-deals company topped quarterly expectations and issued a somewhat weak outlook. Groupon shares rose 2% to $7.61 on heavy volume at last check, after falling as much as 8% right after the report. The company reported adjusted fourth-quarter earnings of 6 cents a share on revenue of $925.4 million. Analysts surveyed by FactSet had estimated 3 cents a share on revenue of $908.6 million. For the first quarter, Groupon said it expects break-even to 2-cents-a-share earnings on revenue of $790 million and $840 million. Analysts expect 2 cents a share on revenue of $856.5 million.
Kraft Foods misses fourth-quarter earnings expectations
(4:22 PM ET) NEW YORK (MarketWatch) -- Kraft Foods Groupreported fourth-quarter earnings Thursday below expectations. The company reported a net loss of $398 million, or a loss of 68 cents per share after a profit of $931 million, or $1.56 per share, in the year-earlier period. Adjusted earnings were also a loss 68 cents per share, below the FactSet consensus of 73 cents. The company reported sales of $4.696 billion, up from $4.595 billion in the year-earlier period, and above the FactSet consensus of $4.625 billion.
AIG profit falls short, to buy back up to $2.5 billion of stock
(4:16 PM ET) NEW YORK (MarketWatch) -- American International Group Inc. /zigman2/quotes/203700638/composite AIG -1.26% said Thursday it had net income of $655 million, or 46 cents a share, in the fourth quarter, down from $2.0 billion, or $1.34 a share, in the year-earlier period. Excluding special charges, the company said it had EPS of 97 cents, falling short of the $1.05 consensus of analysts polled by FactSet. The company has changed its reporting to focus on two segments: commercial insurance and consumer insurance. "This segmentation reinforces our focus on the ultimate client group being served, not the product being delivered, and we've made acquisitions and investments along these lines," Chief Executive Peter Hancock said in a statement. Separately, the company said it will buy back up to another $2.5 billion of shares. Shares were barely changed in after-hours trade, but are down 3.5% in the last three months, while the S&P 500 has gained 2.5%.
CBS earnings come in slightly ahead of forecasts
(4:13 PM ET) LOS ANGELES (MarketWatch) -- CBS Corp.on Thursday reported net income of $413 million, or 79 cents a share, compared with $470 million, or 76 cents a share, for the same period a year ago. Reporting after the close, the New York-based entertainment giant said revenue was $3.68 billion against last year's $3.57 billion. Net earnings came in 2 cents ahead of the forecast from analysts polled by FactSet, while adjusted income was 77 cents a share, a penny ahead of views. Revenue was expected to come in at $3.65 billion. Shares of CBS ended trading Thursday up 1.8% to $57.77.