Eagle Materials (EXP) - Get Report gained after the close Tuesday when the Dallas-based cement company posted a gain in second-quarter earnings. The company posted income of $66 million, or $1.32 a share, compared with $43.3 million, or 80 cents a share a year ago.

Revenue increased 16% to $256 million. Analysts polled by Thomson First Call were looking for earnings of $1.28 on revenue of $282.8 million. Looking ahead, Eagle Materials said it expects third-quarter earnings of 75 cents to 85 cents a share and reaffirmed its 2007 fiscal guidance of $3.80 to $4.20 a share. Wall Street is forecasting income of 73 cents and $3.83 a share, respectively. Shares were trading up $2.31, or 6.3%, to $39.01.

Watts Water Technologies

(WTS) - Get Report

gained after the North Andover, Mass.-based company, which makes water-safety and flow-control products, reported a rise in third-quarter earnings. The company reported net income of $18.2 million, or 55 cents a share, compared with $13.4 million, or 40 cents a share, a year ago. The most recent quarter includes a charge of $3.1 million, or 9 cents a share.

Earnings from continuing operations totaled $21.3 million, or 65 cents a share, compared with $13.4 million, or 41 cents a share. Sales totaled $325.1 million, up 40%. Wall Street was looking for earnings of 56 cents a share on $295 million in revenue. Shares were trading up $1.77, or 4.8%, to $38.99.

Papa John's International

(PZZA) - Get Report

tumbled after the Louisville, Ky.-based restaurant-franchise operator posted a rise in third-quarter income. The company posted income of $13.1 million, or 40 cents a share, compared with $10.8 million, or 31 cents a share a year ago. The most recent quarter includes a gain of 9 cents a share and a variable interest entity of 3 cents a share.

Excluding items, Papa John's earned 28 cents a share. Revenue increased 2.8% over a year ago to $239.7 million. Wall Street was looking for earnings of 29 cents a share on $234.5 million in revenue. Same-store sales increased 4.5% in the U.S. Same-store sales in October fell 1.8%. Papa John's raised its 2006 earnings guidance to $1.45 to $1.49 a share. That includes a 7-cent benefit from an extra week of operations in the fourth quarter. The company had earlier forecast earnings of $1.42 to $1.46 a share. Wall Street is looking for earnings of $1.45 a share. Papa John's was trading down $2.70, or 7.4%, to $34.

Golfsmith International Holdings

(GOLF) - Get Report

slumped after the Austin, Texas-based company, which operates a chain of stores that sell golf equipment, tennis products and apparel, posted a third-quarter gain but reported disappointing same-store sales. The company earned $3.4 million, or 21 cents a share, compared with $1.2 million, or 12 cents a share a year ago. Revenue increased 9.9% to $94 million. Wall Street was looking for earnings of 16 cents a share. Same-store sales increased 0.2%, compared with 6.2% a year ago.

Golfsmith said it expects fourth-quarter same-store sales to fall between 4% and 8%. The company expects fourth-quarter revenue of $73 million to $76 million. For the full year, Golfsmith expects sales of $356 million to $359 million. The company raised its pro forma full-year earnings guidance to 60 cents to 66 cents, up from an earlier forecast of 58 cents to 64 cents. Shares were slipping 55 cents, or 7%, to $7.31.

HouseValues

( SOLD) tumbled after the Kirkland, Wash.-based company, which offers online real estate marketing services, swung to a third-quarter loss. The company posted a loss of $1.5 million, or 6 cents a share, compared with net income of $4.3 million, or 16 cents a share, a year ago. Revenue totaled $24 million, up slightly from $23.3 million. Wall Street was looking for the company to post income of 3 cents a share on revenue of $25.1 million. Shares were trading down 43 cents, or 7.3%, to $5.43.