Tuesday's Late Winners & Losers

Earnings reports moved stocks in Tuesday's after-hours session, and among the big winners was PeopleSupport (PSPT).

Shares surged 22.5% after the Los Angeles-based outsourcing-services firm said earnings jumped by 50% year over year to 27 cents a share, or $8 million. Revenue totaled $36.9 million. Analysts were looking for 6 cents a share, excluding extraordinary items, on $34.7 million in revenue. Shares were adding $2.45 to $13.36.

BMC Software (BMC), a Houston-based maker of systems and service management software, reported non-GAAP fiscal second-quarter earnings of $96 million, or 48 cents a share. That exceeds both the company's prior guidance and analyst estimates, the latter of which had called for just 42 cents a share.

The company also upped its fiscal 2008 profit forecast to between $1.78 and $1.86 a share, compared with the prior range of $1.69 to $1.79 a share. That would trump Street targets of $1.74 a share. The stock was gaining $1.07, or 3.2%, to $34.75 in recent after-hours action.

Continuing the positive trend, TurboChef Technologies (OVEN) booked mushrooming revenue of $32.5 million and sharply narrowed its third-quarter loss to $1.8 million, or 6 cents a share. That beats the 37-cents-a-share loss the company posted last year and the 9-cents-a-share loss predicted by analysts. The Atlanta-based speed-cook oven maker jumped 5.5% to $16.20.

Online jewelry retailer Blue Nile (NILE), meanwhile, said third-quarter earnings leapt 62.9% from last year to a better-than-anticipated $3 million, or 18 cents a share. The Seattle-based company also boosted its full-year guidance. Shares tripped immediately after the bell, but were recently jumping $8.92, or 11.9%, to $83.60.

Among the losers, was Avis Budget (CAR), whose shares dropped after the car-rental outfit didn't swing to a big enough profit. The Parsippany, N.J., company made $103 million, or 60 cents a share, from continuing operations to reverse a steep year-ago loss. Analysts had sought 66 cents a share, less special items. Revenue of $1.72 billion was also slightly under projections. Shares recently were off 5.4% to $18.21 in thin trading.

And DryShips (DRYS) sank even though the Greece-based shipper posted better-than-expected results. Earnings soared from last year to $2.38 a share, excluding a one-time gain from the sale of two vessels, to beat Street expectations by 4 cents a share. Still, shares retreated 2.1% to $113.50 following a big, heavily traded run-up in the regular session.

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