Today's Early Winners and Losers

Shares of Encore Wire(WIRE Quote) jumped in late trading Tuesday after the maker of copper electrical wire beat Wall Street's first-quarter earnings forecast. The company's earnings rose to $16.1 million, or 68 cents a share, from $1 million, or 4 cents a share, a year ago. Analysts polled by Thomson First Call expected earnings of 61 cents a share. Sales rose 84% to $252 million from $137.2 million, which the company attributed to higher wire prices and an 18% rise in unit sales. Wall Street had anticipated sales of $223.1 million. Encore Wire shares rose $3.90, or 9.7%, to $44.24 in after-hours trading.

Sanmina-SCI(SANM Quote) shares jumped after the electronics manufacturing company narrowed its fiscal second-quarter loss and offered a higher-than-expected third-quarter earnings forecast.

Sanmina posted a loss of $103.4 million, or 20 cents a share, for the quarter ended April 2, including a $112.2 million charge related to debt retirement. A year earlier, Sanmina recorded a loss of $1.04 billion, or $1.99 a share, including a $600 million goodwill impairment charge and other items. Excluding items, net income for the second quarter rose to $30.5 million, or 6 cents a share, from $29.3 million, or 6 cents a share, a year ago. On this basis, earnings matched analysts' expectations. Sanmina reported $2.67 billion in sales, down from $2.89 billion a year ago but slightly higher than analysts' forecast of $2.66 billion.

For the third quarter, Sanmina sees earnings of 8 cents to 10 cents a share, before items. The company predicts revenue of $2.7 billion to $2.8 billion. Analysts project earnings of 7 cents a share and revenue of $2.77 billion. Shares gained 57 cents, or 14%, to $4.61 after hours.

Shares of TriQuint Semiconductor(TQNT Quote) rose 10% after the company' reported higher-than-expected revenue and offered a bright guidance. The chip outfit said it swung to a first-quarter profit of $2.2 million, or 2 cents a share, from a year-ago loss of $8 million, or 6 cents a share. Revenue increased 31% to $87.9 million. Analysts were looking for the company to post income of 2 cents a share on revenue of $84.5 million.