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After-Hours Buzz: AAPL, QCOM, CBS & More

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Published: Wednesday, 7 Nov 2012 | 4:46 PM ET
By:

CNBC.com Writer

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

Qualcomm - The semiconductor company posted earnings of 89 cents a share, excluding one-time items, on revenue of $4.87 billion, easily beating estimates for 82 cents a share on revenue of $4.66 billion.

In addition, the company handed in better-than-expected current quarter and full-year profit and sales guidance, sending shares sharply higher in extended-hours trading. (Click here for after-hours quote.)

(Read More: Stocks Plunge 2% After Election, Dow Skids 300)

Apple - The tech giant edged higher in extended-hours trading after the company finished down 20 percent from its high—or bear market territory—in the regular session. (Click here for after-hours quote.)

CBS - The media company posted earnings of 65 cents a share on revenue of $3.42 billion. Analysts expected the company to post earnings of 61 cents a share on revenue of $3.49 billion. Shares were unchanged in extended-hours trading. (Click here for after-hours quote.)

Activision Blizzard - The videogame publisher posted earnings of 15 cents a share, ex-items, topping estimates by 7 cents. And the company reported earnings of $751 million, easily beating estimates for $710 million. In addition, the firm handed in a better-than-expected current quarter profit and sales guidance. But shares were flat in extended-hours trading. (Click here for after-hours quote.)

Whole Foods - The upscale supermarket chain posted earnings of 60 cents a share on revenue of $2.91 billion, matching Wall Street expectations. But the company handed full-year 2013 earnings guidance that was below estimates, sending shares lower in extended-hours trading. (Click here for after-hours quote.)

Monster Beverage - The maker of energy drinks posted earnings of 47 cents a share on revenue of $542 million, disappointing expectations for 55 cents a share on sales of $578 million. Shares plunged in extended-hours trading. (Click here for after-hours quote.)

Mondelez International - The newly spun-off snack company from Kraft posted earnings of 37 cents a share, beating estimates by a penny. But revenue was lighter than expected at $8.3 billion, versus expectations for $8.66 billion. In addition, the company handed in 2013 full-year earnings guidance that was slightly below expectations. Shares were largely unchanged in extended-hours trading. (Click here for after-hours quote.)

(Read More: CNBC's Market Insider Blog)

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

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

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

   
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