Wednesday's Winners & Losers: Hansen

Updated from 12:36 p.m. EDT

Hansen Natural(HANS Quote - Cramer on HANS - Stock Picks) was among the Nasdaq's winners Wednesday, jumping 12.8% after the energy drink maker posted better-than-expected second-quarter results.

The company reported earnings of $38.3 million, or 39 cents a share, on revenue of $244.8 million. Analysts polled by Thomson Financial had expected earnings of 37 cents a share on revenue of $217.7 million. During the year-earlier quarter, the company earned $28.2 million, or 28 cents a share, on revenue of $156 million.

Separately, Hansen said that the Securities and Exchange Commission concluded its informal inquiry into the company's historical stock option granting practices. Hansen said the regulator does not plan to recommend any enforcement action. Shares closed up $5.34 to $46.92.

Polo Ralph Lauren(RL Quote - Cramer on RL - Stock Picks) tumbled 11.8% after the apparel maker posted disappointing first-quarter results and lowered its full-year outlook. The company earned $88.3 million, or 82 cents a share, on revenue of $1.07 billion. Analysts had expected earnings of 85 cents a share on revenue of $1.1 billion. During the year-earlier quarter, the company earned $80.2 million, or 74 cents a share, on revenue of $953.6 million.

Looking ahead, the company now sees full-year earnings of $3.64 to $3.74 a share, down from an earlier forecast of $3.70 to $3.80 a share. The company sees revenue growing by a mid-teen percentage rate. Analysts project earnings of $3.82 a share on revenue of $4.94 billion. Shares closed down $10.98 to $81.80.

« Previous Page

1 2

Next Page »