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After-hours buzz: CBS, Whole Foods, Yelp & More

Wednesday, 31 Jul 2013 | 5:32 PM ET

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

CBS - The broadcasting company posted earnings of 76 cents a share on revenue of $3.70 billion, above expectations for 72 cents a share on sales of $3.51 billion. Shares edged higher in extended-hours trading.

Separately, the company has been in a fee dispute with distributor Time Warner Cable. The companies have set a Friday deadline after a previous deal expired in June.

(Read More: Stocks close mixed,but post best July since 2010)

CBS reports better than expected earnings
CBS reports Q2 EPS of $0.76 on revenue of $3.7 billion, with CNBC's Julia Boorstin.

Whole Foods - The upscale grocery chain posted earnings of 38 cents a share, a penny above expectations, while revenue fell short of estimates at $3.06 billion, versus estimates for $3.09 billion. Meanwhile, the company lifted its full-year earnings guidance to above current estimates. Shares slid in extended-hours trading.

Yelp - The rating and review services website posted a loss of a penny a share on revenue of $55 million, topping forecasts for a loss of 4 cents a share on sales of $53 million. Shares soared in extended-hours trading.

Allstate - The insurance company posted earnings of $1.12 a share on revenue of $7.15 billion, easily beating projections for 98 cents a share on sales of $7 billion. Shares rose in extended-hours trading.

Metlife - The financial services and insurance company reported earnings of $1.44 a share, excluding one-time items, topping estimates for $1.33 a share, while revenue was lighter than expected at $17.04 billion, versus Wall Street expectations for $17.33 billion.

Boston Beer - The beer manufacturer posted earnings of $1.45 a share on sales of $181 million, beating estimates for $1.35 a share on revenue of $175 million. In addition, the company raised its full-year earnings outlook. Shares were temporarily halted in extended-hours trading.

Marriott - The hotel chain reported earnings of 57 cents a share, in line with estimates, while revenue edged past expectations at $3.26 billion versus $3.21 billion. In addition, the company handed in current-quarter and full-year earnings guidance that missed Street expectations. Shares declined in extended-hours trading.

DreamWorks reports earnings
DreamWorks is reporting Q2 EPS of $0.26 on revenue of $213 million, with CNBC's Julia Boorstin.

Dreamworks Animation - The entertainment company posted earnings of 26 cents a share on revenue of $213 million, exceeding Wall Street estimates for 20 cents a share on sales of $190 million. Shares zipped higher in extended-hours trading.

Trulia - The residential real estate website posted earnings of 5 cents a share, ex-items, on sales of $30 million, topping Wall Street estimates 4 cents a share on revenue of $28 million. The company posted its first profitable quarter. Shares surged in extended-hours trading.

Shutterfly - The photo publishing website posted a loss of 29 cents a share on sales of $133 million, topping estimates for a loss of 54 cents a share on revenue of $122 million. Meanwhile, the company handed in current-quarter guidance that was lighter than expected. Still, shares climbed in extended-hours trading.

OpenTable - The restaurant-reservation service website acquired Urbanspoon's reservation management system Rezbook. Financial terms of the deal were not immediately available. Shares edged higher in extended-hours trading.

Kinross Gold - The gold mining company suspended its upcoming semi-annual dividend payment to preserve liquidity. Still, shares ticked higher in extended-hours trading.

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

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

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Featured

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • Sharon Epperson is CNBC's senior commodities and personal finance correspondent.

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.

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