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After-Hours Buzz: GOOG, WFC & More

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Published: Tuesday, 22 Jan 2013 | 5:30 PM ET
By:

CNBC.com Writer

Check out which companies are making headlines after the bell Tuesday:

Google - The search-engine giant posted earnings of $10.59 a share, excluding one-time items, on revenue of $12.16 billion. Analysts expected the company to post earnings of $10.42 a share on sales of $12.34 billion. Shares jumped in extended-hours trading.

(Read More: Stocks Post 3-Day Rally; RIM Jumps 13%)

IBM - The computer hardware giant reported earnings of $5.39 a share on revenue of $29.30 billion, topping expectations for $5.25 a share on revenue of $29.09 billion. Shares gained in extended-hours trading.

Texas Instruments - The semiconductor maker posted earnings of 36 cents a share on revenue of $2.98 billion, edging past estimates for 34 cents a share on sales of $2.95 billion. However, the company's first-quarter guidance fell short. Shares slipped in extended-hours trading.

Advanced Micro Devices - The chipmaker posted a loss of 14 cents a share, excluding one-time items, narrower than the loss of 20 cents analysts had expected. The company posted revenue of $1.16 billion, edging past expectations for $1.15 billion. Shares rallied in extended-hours trading.

Wells Fargo - The banking giant increased its quarterly dividend by 13.6 percent to 25 cents a share from 22 cents a share. Shares edged higher in extended-hours trading.

CSX - The railroad company reported earnings of 43 cents a share on revenue of $2.9 billion, edging past expectations for 39 cents a share on revenue of $2.85 billion. Shares rallied in extended-hours trading.

Norfolk Southern - The railroad operator posted earnings of $1.30 a share on revenue of $2.68 billion. Analysts had expected the company to post earnings of $1.19 a share on sales of $2.67 billion. Shares toggled in and out of positive territory in extended-hours trading.

Cree - The semiconductor materials and devices manufacturer posted earnings of 32 cents a share, excluding one-time items, on revenue of $346 million, topping expectations of 30 cents a share on revenue of $331 million. In addition, the company handed in current-quarter earnings guidance that were better than Wall Street estimates. Shares surged in extended-hours trading.

International Game Technology - The game machine developer posted earnings of 28 cents a share, excluding one-time items, on revenue of $530 million, topping expectations for 24 cents a share on revenue of $527 million. Shares edged higher in extended-hours trading.

KB Home - The homebuilder posted preliminary quarter-to-date net orders that rose 54 percent in the first fiscal quarter of 2013, sending shares higher in extended-hours trading.

Comerica - The financial-services company boosted its quarterly dividend by 13.3 percent to 17 cents a share from 15 cents a share. Shares were unchanged in extended-hours trading.

Intuitive Surgical - The medical device maker posted earnings of $4.25 a share on revenue of $609 million, beating expectations for $4.04 a share on sales of $584 million. Shares advanced in extended-hours trading.

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

 Print
Check out which companies are making headlines after the bell Tuesday:
  Price   Change %Change
GOOG ---
IBM ---
TXN ---
AMD ---
CREE ---
CSX ---
KBH ---
WFC ---
ISRG ---
IGT ---
NSC ---
CMA ---

   
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