Early Stocks in Motion

Skechers surges after hours.
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Skechers USA

(SKX) - Get Report

said it earned $15.9 million, or 38 cents a share, for the second quarter ended June 30, vs. $8.3 million, or 21 cents a share, a year ago. The retailer reported an increase in revenue for the quarter of 12.5% to $263.9 million. Analysts polled by Thomson First Call expected a profit of 25 cents a share on revenue of $254.5 million. For the third quarter, Skechers expects to earn 25 cents to 30 cents a share on sales of $270 million to $280 million, compared with Wall Street's forecast of 26 cents a share on sales of $280.6 million. The stock was up $2.50, or 16.03%, to $18.10 in after-hours trading.

Chiron

(CHIR) - Get Report

reported earnings from continuing operations of $49,000, or less than a penny a share, vs. $23 million, or 12 cents a share, a year ago. Chiron cited the shut down of its Liverpool, England, facility for the lackluster quarter. Excluding certain items, the company would have earned $16 million, or 8 cents a share. Revenue for the quarter was $419 million. Analysts expected earnings of 16 cents a share on revenue of $419.8 million. Chiron reaffirmed its full-year guidance and said it expects to earn $1.20 to $1.45 a share on an adjustment basis and 86 cents to $1.11 a share on a GAAP basis. Wall Street is forecasting adjusted earnings of $1.26 a share. The stock was down 6 cents, or 0.17%, to $36.02 in after-hours trading.

LSI Logic

(LSI) - Get Report

posted a profit of $25 million, or 6 cents a share, for the second quarter ended June 30, compared with $7 million, or 2 cents a share, a year ago. The semiconductor maker said revenue for the quarter increased 7% to $481 million. Excluding items, LSI earned $45 million, or 11 cents a share. Analysts expected earnings of 9 cents a share on revenue of $470 million. For the third quarter, the company expects GAAP earnings of 5 cents to 7 cents on sales of $470 million to $500 million. Excluding items, LSI expects to earn 10 cents to 12 cents for the third quarter. Wall Street was expecting earnings of 11 cents a share on revenue of $491 million. The stock was down 40 cents, or 4.03%, to $9.52 in after-hours trading.

Starbucks

(SBUX) - Get Report

reported third-quarter earnings for the period ended July 3 of $126 million, or 31 cents a share on revenue of $1.6 billion. This compares with $98 million, or 24 cents a share, on revenue of $1.3 billion, a year ago. According to Thomson First Call, analysts expected a profit of 30 cents a share on revenue of $1.6 billion. For the full year, Starbucks now expects to earn $1.19 to $1.20 a share, up from its previous guidance of $1.17 to $1.19 a share. Wall Street was expecting a profit of $1.19 a share. The stock was up $1.46, or 2.9%, to $51.81 in after-hours trading.

Cadence Design System

(CDN)

reported earnings of $500,000, or break-even on a per-share basis, for the second quarter ended July 2, vs. $4 million, or a penny share, a year ago. Revenue for the quarter was $321 million. Excluding items, the electronic design company earned $53 million, or 17 cents a share. Analysts expected earnings of 16 cents a share on revenue of $307.2 million. The stock was up 15 cents, or 1%, to $15 in after-hours trading.