Early Stocks in Motion

Amgen(AMGN Quote) kicked off the earnings parade after the bell Wednesday, posting a third-quarter profit of $967 million, or 77 cents a share. A year earlier, the company earned $236 million, or 18 cents a share. The biotech company said revenue for quarter rose to $3.15 billion from $2.71 billion last year. Excluding items, the company earned 85 cents a share. Analysts expected earnings of 83 cents a share on revenue of $3.25 billion, according to Thomson First Call. Amgen also reiterated its 2005 earnings projection of $3.10 to $3.20 a share on revenue growth in the mid-to-high teens percentage. Shares of Amgen fell by $3.67, or 4.7%, to $74.42 in after-hours trading.

eBay(EBAY Quote) said it earned $255 million, or 18 cents a share, for the third quarter, up from $182.3 million, or 13 cents a share, a year ago. The online auction site said revenue for the quarter was $1.1 billion. On a pro forma basis, eBay earned $280.2 million, or 20 cents a share. Analysts projected earnings of 20 cents a share on revenue of $1.08 billion, according to First Call. The stock dropped $2.60, or 6.2%, to $39.41 in after-hours trading.

Cirrus Logic(CRUS Quote) narrowed its loss to $99,000, or a break even on a per-share basis, for the second quarter ended Sept. 24, from a loss of $15 million, or 18 cents a share, a year earlier. The maker of analog and mixed-signal integrated circuits said revenue for the quarter was $50.5 million, down from $51.3 million. Excluding certain items, the company would have earned $6.8 million, or 8 cents a share. Analysts expected earnings of 7 cents a share on revenue of $46.8 million. For the third quarter, Cirrus projects revenue of $45 million to $49 million. Wall Street sees revenue of $47.6 million. The stock was down 18 cents, or 2.62%, to $6.70 after hours.