Tuesday's Winners & Losers: Netflix

Shares of the online DVD-rental chain soar after a blockbuster quarter.
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Shares of

Netflix

(NFLX) - Get Report

were among the

Nasdaq's

winners Tuesday, jumping 17% after the DVD-rental company posted better-than-expected third-quarter results and boosted its fourth-quarter outlook.

For the third quarter, Netflix earned $12.8 million, or 18 cents a share, on revenue of $256 million. Analysts surveyed by Thomson First Call expected earnings of 12 cents a share and revenue of $251.2 million. During the year-earlier quarter, the company earned $6.9 million, or 11 cents a share, on revenue of $172.7 million.

Netflix now sees fourth-quarter earnings of $7.5 million to $13.5 million, up from an earlier view of $3.8 million to $8.8 million. The company raised its revenue projection to $273 million to $278 million from an earlier forecast of $267 million to $272 million. Analysts target earnings of 8 cents a share on revenue of $272.3 million. Netflix shares were trading up $3.89 to $26.97.

Shares of

Coach

(COH)

climbed 6% after the accessories maker posted better-than-expected first-quarter results. For the period ended Sept. 30, the company earned $125.6 million, or 34 cents a share, on revenue of $553.9 million. Analysts expected earnings of 31 cents a share, with revenue of $542.4 million. During the year-earlier quarter, the company earned $93.6 million, or 24 cents a share, on revenue of $449 million.

For the second quarter, Coach expects earnings of 56 cents a share and revenue of $785 million. Analysts project earnings of 55 cents a share and a top line of $783.1 million. Shares were trading up $2.22 to $38.55.

Brinker International

(EAT) - Get Report

rose 15% after the restaurant operator's fiscal first-quarter earnings handily beat estimates. For the quarter ended Sept. 27, Brinker earned $48 million, or 57 cents a share, up from the year-ago continuing-operations profit of $38 million, or 43 cents a share. Excluding items, earnings per share rose to 54 cents from 42 cents a year earlier, beating analysts' forecast of 46 cents. The company, which owns chains including Chili's and Romano's Macaroni Grill, said revenue rose to $1.04 billion from $976 million a year earlier. Wall Street expected sales of $1.04 billion. Shares of Brinker were up $6.11 to $45.66.

Shares of

Bucyrus International

(BUCY)

slid 8% after the maker of excavation equipment posted disappointing third-quarter results. The company earned $16.7 million, or 53 cents a share, on revenue of $185 million. Analysts, on average, anticipated earnings of 57 cents a share and revenue of $192.9 million. A year earlier, Bucyrus earned $12.8 million, or 41 cents a share, on revenue of $157.4 million. Shares were down $3.61 to $44.25.

Alaska Air

(ALK) - Get Report

shares sank 8% after the carrier posted disappointing third-quarter results. The company swung to a loss of $17.4 million, or 44 cents a share, from a profit of $90.2 million, or $2.71 per a share, a year earlier. The latest quarter includes charges related to the buyout of certain plane leases and severance costs, as well as fuel hedging losses. Excluding items, the company would have posted earnings of $1.93 a share. Analysts anticipated a profit of $2.10 a share, before items. Revenue rose to $935.7 million from $845.7 million, but missed Wall Street's projection of $939 million. Shares were trading down $3.49 to $41.07.

The

NYSE's

top movers were

Lucent Technologies

(LU)

, up 17 cents to $2.51;

Texas Instruments

(TXN) - Get Report

, down 88 cents to $31;

Pfizer

(PFE) - Get Report

, down 57 cents to $27.16;

Time Warner

(TWX)

, up 13 cents to $19.83;

Advanced Micro Devices

(AMD) - Get Report

, up 20 cents to $20.44;

First Data

(FDC) - Get Report

, up 79 cents to $23.74;

Ford

(F) - Get Report

, up 22 cents to $8.12; and

Halliburton

(HAL) - Get Report

, up $1.13 to $30.39.

Nasdaq volume leaders included

Level 3 Communications

(LVLT)

, down 37 cents to $5.41;

Intel

(INTC) - Get Report

, up 34 cents to $21.79;

Microsoft

(MSFT) - Get Report

, down 20 cents to $28.25;

Tellabs

(TLAB)

, down 92 cents to $10.10;

Sun Microsystems

(SUNW) - Get Report

, unchanged at $5.20;

Oracle

(ORCL) - Get Report

, down 27 cents to $18.88;

Cisco Systems

(CSCO) - Get Report

, down 16 cents to $24.27; and

Yahoo!

(YHOO)

, down 1 cent to $23.36.