Starbucks, Ancestry.com: After-Hours Trading

NEW YORK ( TheStreet) -- Shares of Starbucks ( SBUX) got a jolt in late trades on Thursday after the Seattle-based coffee giant delivered an above-consensus quarterly profit and lifted its outlook.

The company posted a profit of $279.1 million, or 36 cents a share, in its fiscal third quarter ended in June on revenue of $2.93 billion, topping the average estimate of analysts polled by Thomson Reuters for earnings of 34 cents a share on revenue of $2.84 billion.

Starbucks also said it's targeting earnings per share growth of 15-20% for fiscal 2012 with revenue seen rising 10%, backed by expectations for a mid-single-digit increase in same-store sales, the projected opening of 800 new locations globally, and strong growth in its consumer products group business.

The stock was last quoted at $40.90, up 2.3%, on volume of 1.4 million, according to Nasdaq.com. Based on a regular session close at $39.98, the shares were up more than 21% so far in 2011.

The positive news from Starbucks fits with the bullishness percolating about coffee and tea companies this week. Green Mountain Coffee Roasters ( GMCR) posted its own blowout results on Wednesday, and Dunkin' Brands ( DNKN) soared nearly 50% in its market debut the same day.

On Thursday, tea retailer Teavana Holdings ( TEA), surged more than 60% in its market debut, pricing an offering of 7.1 million shares at $17 each and finishing the day at $27.80.

Ancestry.com

Shares of Ancestry.com ( ACOM) fell in the extended session after the company left its subscriber outlook for the full year unchanged at 1.71 million to 1.73 million.

The Provo, Utah-based online family history information provider reported a profit of $16.6 million, or 33 cents a share, for its fiscal second quarter ended June 30 on revenue of $101.3 million, an increase of more than 35% from last year's equivalent period.

The average estimate of analysts polled by Thomson Reuters was for earnings of 30 cents a share in the June period on revenue of $98.8 million.

For the third quarter ending in September, the company said it sees revenue of $102 million to $104 million, a range that implies some upside to Wall Street's current consensus view of 102.3 million.

With the stock up more than 40% so far in 2011, however, investors were apparently expecting more, and the shares dipped 3% to $38.97 on volume of more than 315,000 in late trades.

VistaPrint

Shares of VistaPrint ( VPRT) plunged late Thursday after the company gave a below-consensus outlook for the September quarter, saying it's trading "near-term earnings growth in favor of significant up-front investment."

The company now sees adjusted earnings of 20 to 30 cents a share for its fiscal first quarter and $1.58 to $1.68 a share for fiscal 2012. The current average estimates of analysts polled by Thomson Reuters are for profits of 44 cents a share and $2.64 a share in those respective periods.

The stock was getting crushed in after-hours action, falling 31% to $29.20 on volume of more than 900,000, according to Nasdaq.com. Based on a regular session close at $42.40, the shares were already down 7% so far this year.

Other big movers in extended trading included STEC Inc. ( STEC), whose shares dropped more than 35% after the company said it expects to see a significant sequential decline in its business in the September quarter because of competitive pressures; Digital River ( DRIV), whose shares fell 9% after the e-commerce software company forecast non-GAAP earnings of $1.12 a share for fiscal 2011, 2 cents below the current consensus view; and RealD ( RLD), whose stock dropped more than 14% despite a better than anticipated fiscal first-quarter report.

-- Written by Michael Baron in New York.

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