Earnings Roundup for 10/24: Facebook Surges

by Alyssa Oursler | October 24, 2012 12:13 pm

Some of the biggest earnings headlines out today:

Facebook (NASDAQ:FB[1]) climbed more than 20% on better-than-expected earnings. (Read more[2])

Netflix (NASDAQ:NFLX[3]) plummeted 16% on not-so-hot streaming news. (Read more[4])

Defense stocks BA, GD, LMT and NOC posted mixed results, but most beat estimates. (Read more[5])

AT&T (NYSE:T[6]) slid slightly on disappointing revenue and subscriptions. (Read more[7])

Shares of pharma stocks BMY and LLY headed south as both missed on profits, sales. (Read more[8])

Biotech companies GILD, AMGN and QCOR made gains after beating expectations. (Read more[9])

Tech stocks JNPR, BRCM and EMC fell on poor outlooks, but VMW bucked the trend. (Read more[10])

Delta Air Lines (NYSE:DAL[11]) took a slight tumble on a profit and revenue miss. (Read more[12])

Lorillard (NYSE:LO[13]) dipped on a profit miss, but topped revenue estimates. (Read more[14])

Endnotes:
  1. FB: http://studio-5.financialcontent.com/investplace/quote?Symbol=FB
  2. Read more: http://investorplace.com/ipo-playbook/facebook-gets-mobile-juice/
  3. NFLX: http://studio-5.financialcontent.com/investplace/quote?Symbol=NFLX
  4. Read more: http://investorplace.com/2012/10/netflix-on-red-alert-yet-again/
  5. Read more: http://investorplace.com/2012/10/defense-stocks-move-higher-on-mixed-earnings/
  6. T: http://studio-5.financialcontent.com/investplace/quote?Symbol=T
  7. Read more: http://investorplace.com/2012/10/att-falls-short-on-q3-revenue-subscribers/
  8. Read more: http://investorplace.com/2012/10/bristol-myers-eli-lilly-miss-q3-forecasts-shares-slide/
  9. Read more: http://investorplace.com/2012/10/biotechs-beat-q3-earnings-revenue-estimates/
  10. Read more: http://investorplace.com/2012/10/weak-q4-forecasts-send-tech-shares-down/
  11. DAL: http://studio-5.financialcontent.com/investplace/quote?Symbol=DAL
  12. Read more: http://investorplace.com/2012/10/delta-shares-drop-on-profit-revenue-misses/
  13. LO: http://studio-5.financialcontent.com/investplace/quote?Symbol=LO
  14. Read more: http://investorplace.com/2012/10/lorillard-shares-dip-on-profit-miss/

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