Red Hat [RHT] earnings tomorrow 12-22, 6 of 6 last earnings AH reaction widened next trading day

RHT is favoring a pattern of following on with more aggressive, same-direction next-day closing levels following after-hours earnings-events. The stock has seen more aggressive next-day movement in 16 of the last 22 quarters, or 73% of the time.

In the near term, the stock has widened its next-day move in six consecutive quarters.

Looking deeper into the performance data, RHT performs solidly on both sides of the trades post-earnings. It has advanced in evening action in 10 of the 22 quarters we've tracked, and in six of those events the stock recorded a more aggressive next-day regular session move.

On the short end of the trade, RHT has recorded a post-earnings after-hours decline in 12 quarters. In nine of those quarters, the stock has posted a deeper move into the red in the following day's regular session.

Oracle [ORCL] AH reaction +3.5% widens into next trading day

Oracle extends the after hours reaction following earnings into next trading day. Now 7 straight quarters we've seen Oracle extend after hours reaction into the next trading day.

Research In Motion (RIMM) is due with its Q3 results after the bell tonight

RIMM favors widening between the sessions following earnings releases. It has seen its evening performance follow-on with more aggressive, same-direction next-day trade in 13 of the last 23 quarterly reports. The near-term pattern is geared toward seeing more aggressive, same direction next-day trade following its earnings-driven after-hours trade, doing so in six of the last seven quarters.

On Sept. 24, 2009, RIMM tumbled 11.5% in the after-hours session after missing revenue expectations and setting its guidance below the Street view. The stock was hammered lower in the following regular session, ending the Sept. 25 trade down 17%.

On June 18, 2009, RIMM slipped 0.4% in after-hours trade after beating earnings expectations, meeting on revenue, and setting guidance that straddled the Street view. The stock continued to head lower the following day, closing the June 19 regular session down 4.9%.

On April 2, 2009, RIMM charged 22.5% higher in after-hours trade after reporting better-than-expected results and guidance. It narrowed its upside slightly the following day, ending the April 3 regular session up 20.7%.

On Dec. 18, 2008, RIMM edged up 0.4% in after-hours trade after topping Street estimates and setting its guidance mostly above the Street view. The stock soared higher the next day, rising 11.4% by the closing bell on Dec. 19.

On Sept. 25, 2008, SMOD declined 19% in after-hours trade after missing earnings expectations and setting weaker-than-expected guidance. The stock tumbled further the following day, closing the Sept. 26 regular session down 27.5%.

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Oracle (ORCL) is due with its Q2 results after the close tonight

ORCL favors a session-to-session pattern in tracking more aggressive, same-direction next-day trade that follows extended-hours earnings events. As a result, the stock has seen more aggressive next-day regular session trade on the heels of 17 of its last 23 after-hours earnings reports, or 74% of the events we've tracked. In the near-term, the stock favors widening between the sessions as well, doing so in the last six consecutive quarters.

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On Sept. 16, 2009, ORCL dropped 2.4% in after-hours action after the company reported in-line earnings results, missed on revenue and set guidance in a range that could miss or meet the Street. The stock added to its negative run the next day, dropping 2.7% by the Sept. 17 regular session close.

On June 23, 2009, ORCL gained 2.6% in after-hours trade after beating Q4 expectations and setting its guidance above the Street view. The stock jumped higher the following day, ending the June 24 regular session up 7%.

On March 18, 2009, ORCL jumped 7.4% in after-hours trade after the company reported better-than-expected results and guidance. The stock firmed even higher the next day, closing the March 19 regular session up 9.7%.

On Dec. 18, 2008, ORCL advanced 3.3% in after-hours trade despite missing revenue expectations and setting guidance in-line with Street estimates. The stock firmed higher the following day, rising 7% in the Dec. 19 regular session.

On Sept. 18, 2008, ORCL gained 5.8% in after-hours trade after besting the Street's earnings expectations and guiding its outlook in line with estimates. The stock edged higher the following day, rising 7% by the close on Sept. 19.

On June 25, 2008, ORCL lost 3.1% in after-hours trade after topping Q4 expectations and setting its guidance in line with the Street view. It slid deeper into the red the next day, closing the June 26 bell-to-bell session down 5%.

BMC up in AH following earnings 6 of last 6 qtrs widened next trading day

BMC is just favoring a widening trend in its share performance, widening its after-hours earnings-driven movement in the following regular session for 12 quarters and narrowing its post-earnings move six times. The near-term performance favors widening share moves, posting more aggressive, same-direction, next-day moves in six consecutive quarters.
On Aug. 4, 2009, the stock slipped 0.8% despite a Q1 earnings and guidance beat. The loss was a deeper 3.1% the next day.

On May 12, 2009, the stock fell 5.5% after missing with revenue though beating with earnings. Shares fell 7.5% the next day.

On Feb. 4, 2009, BMC advanced 4.6% in after-hours trade after topping earnings expectations and raising its guidance. The stock firmed een higher in the Feb. 5 regular session, rising 8.5% by the closing bell.

On Oct. 30, 2009, the stock gained 1.5% after beating by a nickel with EPS and guiding above the Street. Shares improved slightly the following day and the stock closed up 2.5%.

On July 24, 2008, the stock fell 2.5% during evening trading after BMC after a profit decline and in line guidance were reported. The loss accelerated to 7.4% the next day.

On May 15, 2008, BMC gained 4.2% in evening trade after topping Q4 expectations and setting its guidance above the Street view. BMC firmed higher the next day, closing regular session trade with a 6% rise

10-27-09 RFMD earnings tonight up in AH trading

RFMD firmed to a positive range of 4.13 to 4.20, holding this area through the bulk of its first-half and early second-half of evening trade. More aggressive buy support touched the issue deeper into the second-half, driving RFMD up to a plus-side range of 4.24 to its session high of 4.33.

A pre-market open Wednesday looks to have potential in the high 4.20s, or near 4.30.

Over the long-term, RFMD is favoring a widening trend, with more aggressive next-day trade in 12 of the last 19 quarters. In the near term, it has shown wider moves in the last five consecutive quarters.

The strong near- and long-term widening patterns in place, combined with tonight's conistent upside support, would have us looking at potential long plays on RFMD on Wednesday. Early longs may want to target possible entry points at the 4.20 to 4.24 range, levels where buy liquidity was aggressive tonight and where a potential floor support could form.

More info in this video clip
http://www.youtube.com/watch?v=vW2OS354dlc

Midnight Trader

10-20-09 Yahoo [YHOO] earnings tonight 4 of 5 narrowing

YHOO has narrowed or reversed its share move between the sessions in all but one quarter over the past year. The longer-term trend favors reversals as well, with 12 narrowing moves between the sessions and nine wider next-day moves after evening earnings releases.

Looking deeper into YHOO's performance data, the stock has seen an after-hours decline in nine of the 21 earnings-driven after-hours moves we've tracked, and five times, 56% of the time, followed that trade with a more aggressive decline in the next day's regular session. On the plus side, longs should be wary of evening upside moves as YHOO has recorded an earnings-driven evening gain in 12 of the 21 quarters we've tracked. It has reversed or narrowed that gain in next-day regular session seven times, about 60% of the time.

On July 21, 2009, the stock fell 2.8% during after-hours trading after a Q2 beat. Shares rebounded to gain 3.7% the next day.

On April 21, 2009, YHOO advanced 5.7% in after-hours trade after reporting results in line to above Street estimates. It lost the bulk of that gain the next day, ending up a mere 0.7%.

On Jan. 27, the stock gained 4.5% after reporting a Q4 beat. Shares expanded that gain to 7.9% the next day.

On Oct. 21, 2008, shares rose 7.7% after an earnings meet. The gain was trimmed to 2.6% by the close of trading the next day.

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INTC giving back AH reaction following earnings

Intel [INTC] +3.8% in AH following earnings

INTC favors a reversal pattern following after-hours earnings events, cutting back its evening trade in next-day action in 15 of its last 22 earnings events, or about 68% of the time. In the near-term, the stock has narrowed its move in the last four consecutive quarters.

Linear tech [LLTC] 8 prior earnings AH reaction widened next day

LLTC is up 1.7% tonight following earnings, if history is any clue this stock will widen tomorrow.

LLTC's session-to-session trading pattern following earnings favors a widening trend, doing so following 13 of its last 18 after-hours earnings releases. The near-term pattern shows wider moves in eight consecutive quarters.
On July 21, 2009, the stock gained 3.8% in evening trading after a Q4 beat and Q1 guidance above the Street view. The gain swelled to 8.2% the next day.

On April 14, 2009, the stock fell 2% in the after-hours session after LLTC beat with Q2 results but guides for Q3 below the Street. Shares fell a deeper 2.8% the next day.

On Jan. 13, 2008, the stock fell 3.5% after Q2 results fell from the year-ago quarter. The following day, the stock fell a deeper 4.1%.

On Oct. 14, 2008, the stock fell 13.5% during extended-hours trading after a Q1 beat but Q2 revenue guidance below Street. The loss widened to 15% the next day.

On July 22, 2008, LLTC shed 2.9% in after-hours trade after beating Q4 earnings expectations and meeting on revenue. The stock dipped further into the red the next day, closing down 4.1% in the July 23 regular session.

On April 15, 2008, LLTC advanced 2.6% in after-hours activity after beating Q3 expectations. The stock chugged higher the following day, rising 4.8% by the close on April 16.

Tuesday Oct 13, 2009 update Intel [INTC] earnings

INTC favors a narrowing pattern following after-hours earnings events, cutting back its evening trade in next-day action in 14 of its last 21 earnings events. In the near-term, the stock has narrowed its move in the last four quarters.

Looking deeper into the performance data, INTC is a stock for longs to be wary of in the off-hours, and perhaps an issue for shorts to line up if it should post an earnings-driven after-hours upside or downside move. INTC has advanced in the after-hours in 11 of the last 21 quarters we've tracked. However, it saw that advance reverse or narrow in next day trade in nine of those quarters.

Also, the stock has recorded 10 quarters in which it posted an earnings-driven after-hours decline. In five of those events it recorded a more aggressive downside move the following regular session - more ammunition for shorts to linger near the stock on a negative evening move.

Tuesday Oct 13, 2009 update Intel [INTC] earnings

INTC favors a narrowing pattern following after-hours earnings events, cutting back its evening trade in next-day action in 14 of its last 21 earnings events. In the near-term, the stock has narrowed its move in the last four quarters.

Ciena Corp. (CIEN) is due with its Q3 results in the pre-market on Thursday, Sept. 3

In the near-term, the stock favors a trend toward following through with more aggressive same-direction trade in the regular session following an earnings-driven pre-market move, with widening events in six of the last 7 quarters.

On June 4, 2009, CIEN declined 5.9% in pre-market trade after missing Q2 estimates but also guiding for sequential revenue growth. The stock reversed course in that day's regular session, ending up 5.5%.

On March 5, 2009, CIEN advanced 3.5% in pre-bell action despite reporting lower year-over-year results and missing Street estimates. The stock added to its upside in the March 5 regular session, rising 11% by the closing bell.

On Dec. 11, 2008, CIEN tumbled 11% in pre-market trade after missing expectations and setting guidance below the Street view. The stock added to its downside in that day's regular session, losing 20% by the closing bell.

On Sept. 4, 2008, CIEN declined 19.1% in pre-bell action after issuing a mixed Q3 report and weaker-than-expected Q4 guidance. The stock tumbled deeper in the red in the following regular session, losing 25% by the closing bell on Sept. 4.

On June 5, 2008, CIEN declined 3.3% in pre-market trade despite beating expectations and reiterating its revenue growth guidance. The stock headed deeper in the red in that day's regular session, losing 7.8% by the closing bell.

On March 7, 2008, CIEN advanced 7.7% in pre-market action after topping Q1 estimates and setting its guidance above Street expectations. The stock turned even higher in the following regular session, rising 11.4% by the March 8 close.

After-Hours: Guess [GES] Beats With Q2 Results, Guides Mostly Lower for Q3 - Shares Gain +2.8% in AH

In the last year of performance data MidnightTrader has tracked on GES, the stock has added to its earnings-driven extended-hours trade in next-day regular session action in three of the last four quarters.



On June 4, 2009, GES advanced 5% in evening trade after reporting better-than-expected results and guidance. The stock ended the June 5 regular session up 5.7%.

On March 17, 2009, GES dipped 1.9% in after-hours action after beating Q4 estimates and issuing revenue guidance below the Street view. The stock reversed direction the following day, ending the March 18 regular session with a 14.1% gain.

On Dec. 4, 2008, GES added 1.7% in extended-hours trade after beating Q3 estimates but setting guidance below the Street view. The stock ramped higher the following day, rising 6.4% in the Dec. 5 regular session.

On Sept. 3, 2008, GES edged up 0.6% in the after-hours after topping Q2 estimates and setting guidance in a range that straddled the Street view. GES ended the Sept. 4 regular session with a 1.2% advance.

BCSI +7.5% in AH folowing earnings

Blue Coat Systems (BCSI) earnings tonight 3 of last 4 quarters wider moves

BCSI has seen more aggressive follow-on regular session closing levels following 13 of its last 21 after-hours earnings events. In the near-term, the stock favors widening its earnings-driven moves between the sessions, adding to its evening performance in next-day trade in three of the last four quarters.
On June 2, 2009, the stock fell 4.9% in evening trading after BCSI met with revenue but missed with earnings and guided in line. The stock recovered to post a narrow 0.2% gain the next day.

On Feb. 26, 2009, BCSI advanced 9.9% in after-hours trade after topping Q3 expectations and issuing guidance that straddled the Street mean. The stock soared higher the following day, rising 16% by the regular session close on Feb. 27.

On Nov. 25, 2008, BCSI topped Q2 expectations but set its guidance below the Street view. The stock declined 1.1% in after-hours trade, and followed that move with a 5.8% slide in the Nov. 26 regular session.

On Aug. 21, 2008, BCSI advanced 4.5% in after-hours trade after reporting results and guidance in-line with expectations. The stock soared higher the next day, rising 19.6% by the closing bell on Aug. 22.

JDSU Aug 19, 2009 earnings tonight

JDSU is one to watch for potential next-day wider movement as the stock has seen more aggressive next-day action following 18 of its last 22 after-hours earnings events, or more than 80% of the time.

The near-term performance favors widening, as the issue has expanded its after-hours move in next-day regular session trade in seven of the last eight quarters.

On April 29, 2009, JDSU shed 12.9% in after-hours action after missing Q3 revenue expectations and setting its Q4 guidance below the Street view. The stock tumbled further the following day, losing 17.2% in the April 30 regular session.

On Feb. 5, 2009, JDSU declined 7% in after-hours trade after missing revenue expectations and setting its guidance below the Street view. It cut its downside slightly the following regular session, closing with a 6.5% decline.

On Oct. 29, 2008, the stock fell 5% after it beat with Q1 earnings but set Q2 revenue view well below the Street's estimate. The loss extended to 8.5% the next day.

On Aug. 20, 2008, the stock dropped 10.2% during evening trading after a Q4 miss and Q1 revenue guidance below the Street view. The loss expanded to 12.4% the next day.

On April 30, 2008, the stock lost 9.8% in evening trading after reporting a Q3 revenue miss and guiding below the Street for Q4. The loss fattened to 16.1% by the closing bell the next day.

On Feb. 5, 2008, the stock jumped 19.6% as JDSU beat with Q2 results. The gain expanded the next day, to 26%.

On Oct. 31, 2007, the stock fell 1.7% in evening trading despite a beat with the latest results; revenue guidance straddled the Street mean. The loss widened to 3.9% the next day.

HPQ -2.7% in after hours 08/18/2009

HPQ slips 2.7% in after hours following earnings, 5 of last 5 earnings after hours reaction has widened into the next trading day.

6:50 AM, Aug 18, 2009 -- Hewlett-Packard (HPQ) is set to report its Q3 results after the bell tonight

Charts by AIQ Systems

HPQ is favoring a pattern where it follows through with more aggressive next-day regular session trade following an earnings-driven after-hours move. It has moved more aggressively in the same direction the next day in 14 of 22 quarters. In the near term, it has added to its evening performance in next-day trade in the last six consecutive quarters.

On May 19, 2009, HPQ declined 4.6% in after-hours action after meeting Q2 expectations and setting its Q3 guidance in-line with Street estimates. The stock headed lower the following day, closing the May 20 regular session down 5.2%.

On Feb. 18, 2009, HPQ lost 6.6% in after-hours trade after posting Q1 revenue below expectations, matching on EPS, and offering mixed guidance. The declined swelled to a 7.8% decline by the close on Feb. 19.

On Nov. 24, 2008, HPQ declined 1.4% in evening trade after beating Q4 expectations and issuing mixed guidance. The stock added to its downside the next day, losing 5.8% by the Nov. 25 closing bell.

On Aug. 19, 3008, HPQ advanced 2.7% in after-hours trade after beating Q3 expectations and setting its guidance mostly above the Street view. The stock surged even higher in the Aug. 20 regular session, closing with a 5.7% gain.

On May 20, 2008, the stock slipped 0.6% during evening trading after beating with Q2 results but guiding in line. The loss fattened to 3.5% the next day.

On Feb. 19, 2008, the stock gained 5.1% during evening trading after a Q1 beat and guidance above the Street view. The stock gained 7.9% the next day.

Nordstrom [JWN] earnings 08-13-2009 after the bell

JWN shows a reversal pattern between its extended-hours action and the next day's regular session, cutting back or reversing its evening performance in next-day trade for 10 of its last 19 earnings releases. In the near-term, however, that trend is changing, the stock has widened in three of the last four quarters.

On May 14, 2009, the stock was up 3.1% in after-hours trade after a Q1 beat and raised FY EPS range. Shares gained a more robust 7.7% the next day.

On Feb. 23, 2009, JWN gained 11.4% in after-hours trade after reporting better-tnan-expected results and in-line guidance. The stock ramped higher the next day, rising 20.8% by the close on Feb. 24.

On Nov. 13, 2008, JWN declined 5.3% in after-hours trade after topping earnings expectations but issuing profit guidance below the then-current Street view. The stock tumbled further the next day, closing down 9.4% in the Nov. 14 regular session.

On Aug. 14, 2008, the stock fell 2.7% after an earnings beat by a penny but guidance below the Street view. Shares rebounded to gain 4.3% the next day.

KongZhong Corp. (KONG) earnings tonight 08-11-2009

KONG favors reversing between the sessions following an extended-hours earnings event. It has narrowed its next-day share performance 11 times, widened seven times and recorded one flat performance. Near-term, it favors reversing or cutting back its moves between the sessions, doing so in four of five quarters.

On May 13, 2009, the stock gained 3.8% after a Q1 beat and Q2 revenue guidance above the Street view. Shares were up a stronger 5.6% the next day.

On Feb. 18, 2009, the stock gained 3% in extended-hours trading after KONG beat with Q4 results and guides for a Q1 revenue beat. The gain was trimmed to a slim 0.7% the next day.

On Nov. 17, 2008, the stock gained 2.3% during evening trading after the company reported earnings in line. Shares reversed and closed down 5.2% the next day.

On Aug. 14, 2008, the stock gained 4% during evening trading after the company beat with Q2 results and set its Q3 revenue view above the Street. The gain was halved to 2% the next day.

On May 15, 2008, KONG tumbled 13.1% in after-hours trade after missing earnings expectations. It cut back that downside in the next day's regular session, closing down 11.4%.

On March 4, 2008, KONG declined 4.9% in night trade after coming in a penny shy on earnings. The loss fattened the following day, with KONG losing 18.5% by the March 5 closing bell.

PCLN earnings 08-10-2009 wider moves 3 of last 4 earnings events

PCLN shows a tendency to widen its next day share movement following an evening earnings release, doing so for 16 of the past 22 quarters. In the near-term, the stock is also showing that pattern, widening its share move three times in the most recent four quarters.

Looking deeper into the performance data, longs may be interested to know that PCLN has seen a positive extended-hours earnings-driven trade in 13 of the 22 quarters we've tracked, and in 10 of those upside evening moves the stock has followed that trade with a more aggressive positive run in the next day's regular session.

Shorts too may see some more aggressive next-day trade, but the ratio of wider to narrowing events is a bit tighter. The stock has recorded downside extended-hours trade following nine of the quarters we've tracked. It widened that extended-hours downside move in the following regular session in five of those events.

On May 11, 2009, PCLN declined 1.3% in pre-market trade despite reporting better-than-expected results and guidance. The stock reversed course in that day's regular session, ending up 3.8%.

On Feb. 18, 2009, PCLN soared 12.7% in after-hours trade after blowing past Q4 expectations and setting its Q1 view above the Street view. The stock moved even higher the next day, closing the Feb. 19 regular session up 16.6%.

On Nov. 6, 2008, the stock advanced 9% in the extended-hours session after a Q3 beat. Shares jumped 16% the next day.

On Aug. 5, 2008, PCLN tumbled 15.1% in after-hours trade despite reporting better-than-expected quarterly results and guidance that straddled the Street view. It added to its downside the next day, losing 17% by the close on Aug. 6.

Next weeks earnings with consistent reactions we'll be watching PCLN, KONG, A, JWN

Monday, Aug. 10

PCLN - wider moves in 3 of last 4 quarters
5/11 Pre-Market: -1.3%; 5/11 Reg. Session: +3.8%

Tuesday, Aug. 11

KONG - 4 reversals in last 5 quarters
5/13 +3.8%; 5/14 +5.6%

Thursday, Aug. 13

A - reversals in 3 of last 4 quarters
5/14 -1%; 5/15 -3.7%

JWN wider moves in 3 of last 4 quarters
5/14 +3.1%; 5/15 +7.7%

NVDA +8.5% in AH

If it holds to current form will continue up tomorrow

NVDA earnings tonight after the bell

NVDA is mixed between its after-hours move and the next day session following an evening earnings event. It has narrowed or reversed its next-day price movement 10 times and has widened its next-day movement 11. In a separate 22nd event it saw a flat evening trade followed by a next-day gain. In the near-term, performance favors widening, with more aggressive, same-direction trades in the following day's regular session over the last four consecutive quarters.

Looking deeper into the performance data, NVDA has recorded an earnings-driven after-hours decline in seven of the 22 quarters we've tracked. In five of those quarters, 71% of the time, the stock has moved deeper in the red in the following day's regular session. On the long side, NVDA has recorded an earnings-driven after-hours gain in 14 quarters. It has reversed direction in the following day's regular session eight times, or 57% of the time.

On May 7, 2009, NVDA slumped 3.7% in after-hours trade despite posting better-than-expected Q1 results. The stock added to its downside in the May 8 regular session, closing with a 13.8% decline.

On Feb. 10, 2009, NVDA declined 2.9% in after-hours trade after missing revenue expectations. The stock tumbled lower the following day, losing 12.5% in the Feb. 11 regular session.

On Nov. 6, 2008, NVDA surged 12.6% in after-hours trade after topping Q3 expectations. It added to its gains the next day, rising 14.4% by the Nov. 7 closing bell.

On Aug. 12, 2008, NVDA advanced 10.2% in after-hours trade after beating earnings expectations and hiking its buyback plan. The stock added modestly to its upside the following day, rising 10.7% in the Aug. 13 regular session.

CSCO earnings tonight very volatile AH trading watch for tomorrows down move?

The stock demonstrates a long-term pattern of extending session-to-session performance on earnings announcements, posting wider next-day closing levels following 13 out of its last 24 extended-hours earnings events. In the near-term, the stock has moved to favoring a reversal trend, cutting back or narrowing its earnings-driven after-hours moves in the next day's regular session in the last seven consecutive quarters.

Looking deeper into the performance data, shorts should be interested to know that CSCO has seen a negative post-bell earnings-driven trade in 14 of the 24 quarters we've tracked, and in nine of those downside evening moves the stock has followed that trade with a more aggressive negative run in the next day's regular session.

On the long side, CSCO is about evenly mixed, recording 10 earnings-driven upside evening moves in the 24 quarters we've followed - widening those gains four times the next day and recording six other events where the gains were cut back or reversed the following day.

On May 6, 2009, CSCO advanced 2.4% in evening trade after beating Q3 expectations and guiding for a year-over-year decline in Q4 revenue. The stock turned south the following day, ending the May 7 regular session down 3.3%.

On Feb. 4, 2009, CSCO declined 3.6% in after-hours trade after topping expectations and guiding for a decline in revenue. The stock reversed into the green the following day, ending the Feb. 5 regular session up 3.2%.

On Nov. 5, 2008, the stock dropped 5.7% during evening trading after CSCO beat with Q1 results but guided for Q2 revenue decline. The loss was reduced to 2.5% the next day.

On Aug. 5, 2008, CSCO advanced 6.1% in after-hours trade after beating Q4 expectations and reaffirming its growth guidance. It saw that gain narrow the next day, closing the Aug. 6 regular session up 5.6%.

On May 6, 2008, CSCO gained 1.3% in evening trade after topping Q3 Street estimates and setting revenue guidance in a range that straddled expectations. The stock lost its gain the following day, ending the May 7 regular session down 2%.

On Feb. 6, 2008, the stock fell 7.5% during evening trading after CSCO largely meets with Q2 results, but its revenue guidance disappoints. Shares rebounded to close up 1.3% the next day.

On Nov. 7, 2007, CSCO plummeted 9.6% in after-hours trade after topping estimates but also guiding its Q2 revenue view just below the Street view. It narrowed its negative move slightly the following day, closing the Nov. 8 regular session down 9.5%.

On Aug. 7, 2007, CSCO rose 5.7% in night trade after topping Q4 estimates and guiding Q1 sales above Street views. Shares added a bit more the next day to end the regular session up 6.7%.

BMC earnings tonight 5 of 5 last qtrs widen AH reaction

BMC is just favoring a widening trend in its share performance, widening its after-hours earnings-driven movement in the following regular session for 11 quarters and narrowing its post-earnings move six times. The near-term performance favors widening share moves, posting more aggressive, same-direction, next-day moves in five consecutive quarters.

On May 12, 2009, the stock fell 5.5% after missing with revenue though beating with earnings. Shares fell 7.5% the next day.

On Feb. 4, 2009, BMC advanced 4.6% in after-hours trade after topping earnings expectations and raising its guidance. The stock firmed een higher in the Feb. 5 regular session, rising 8.5% by the closing bell.

On Oct. 30, 2009, the stock gained 1.5% after beating by a nickel with EPS and guiding above the Street. Shares improved slightly the following day and the stock closed up 2.5%.

On July 24, 2008, the stock fell 2.5% during evening trading after BMC after a profit decline and in line guidance were reported. The loss accelerated to 7.4% the next day.

On May 15, 2008, BMC gained 4.2% in evening trade after topping Q4 expectations and setting its guidance above the Street view. BMC firmed higher the next day, closing regular session trade with a 6% rise.

Texas Roadhouse [TXRH] -3.0% in AH trading

Light trading in TXRH after reporting earnings all to the downside, showing -3.0% as of 18:25 eastern. 4 of 5 prior earnings moves widened the next day.

Texas Roadhouse [TXRH] earnings 8/3 after the bell

TXRH favors a widening trend in its movement between the after-hours market and the next day's session following an evening earnings event. In the data MidnightTrader has collected, shares have widened nine times and reversed four times. The near-term performance also favors widening; shares have extended their after-hours direction in four of the last five quarters.

On May 4, 2009, TXRH advanced 3.3% in evening trade after the company beat earnings expectations and met the Street's revenue view. The stock churned higher the following day, ending the May 5 regular session up 7.6%.

On Feb. 23, 2009, the stock fell 3.5% after meeting with Q4 earnings. Shares fell 5.5% the next day.

On Oct. 27, 2008, TXRH declined 4.6% in night trade on the back of disappointing results and guidance. It narrowed that decline slightly the next day, closing the Oct. 28 regular session down 3.7%

On July 28, 2008, the stock gained 3% in extended-hours trading after TXRH beat with Q2. The gain more than doubled the next day and shares closed up 7.8%.

On April 28, 2008, TXRH firmed 5.7% in night trade after topping earnings expectations. The stock jumped higher the next day, rising 12.3% by the closing bell.


Midnight Trader Pro

SYMC earnings on 7/29 -7.5% in AH, another -5.0% next trading day

Another good move this week on earnings from Symantec SYMC. Earnings on 7/29, -7.5% in after hrs following earnings. Next traidng day an additional -5.0% , has now widen 8 of 8 earnings after hours reaction into next trading day. Here's the history.

On May 6, 2009, SYMC slumped 4.5% in after-hours trade following better-than-expected earnings, missed revenue results, and mixed guidance. The stock added to its downside in the May 7 regular session, ending down 14.8%.

On Jan. 28, 2009, the stock gained 3.5% after beating with Q3 results and guiding in line for Q4. Shares were up 5.6% the next day.

On Oct. 29, 2008, the stock fell 6.8% during evening trading after SYMC beat with earnings but was shy with sales. The loss swelled to 17.6% the next day.

On July 30, 2008, the stock gained 5% during extended-hours trading after SYMC beat with Q1, guides in line to above Street for Q2. The stock gained a more robust 7% the next day.

On April 30, 2008, the stock gained 4.3% during evening trading after beating with Q4 results and guiding above the Street for Q1. The gain swelled to 12.3% the next day.

On Jan. 23, 2008, SYMC jumped 9.1% in evening action after topping Q3 estimates and guiding higher. It firmed further north the next day, advancing 10.9% by the closing bell on Jan. 24.

On Oct, 24, 2007, the stock dropped 11.9% after SYMC reported ahead with Q2 results but guides for Q3 below. The stock fell 12% the next day.

On July 25, 2007, AKAM plunged 12% in night trade despite beating Q2 sales estimates and meeting on EPS. The company guided Q3 earnings to be in line to below Street views. Shares fell further the following day to end the regular session down 18.9%.


Midnight Trader Pro

AKAM earnings on 7/29 -4.0% in AH, another -10.0% next trading day

One of several good moves this week on earnings announcements was AKAM. After hours on 7/29 it dropped over 4%, next trading day down an additional 10%. This is our analysis from previous earnings events for AKAM, a consistent wider mover.

AKAM has recorded more aggressive next-day closing levels following 17 of its last 22after-hours earnings events. In fact, the stock has seen wider next-day moves in 14 of its last 16 earnings periods and in the last five out of six quarters.

On April 29, 2009, AKAM advanced 5.6% in after-hours trade after topping Street expectations. The stock churned higher the following day, closing the April 30 regular session up 9.7%.

On Feb. 4, 2009, the stock rose 7.4% in extended hours after a Q4 beat. The share gain more than doubled the next day, to 18%.

On Oct. 30, 2008, the stock jumped 12.6% after a Q3 earnigs beat. The gain was cut to 4.2% the next day.

On July 30, 2008, the stock fell 16% during evening trading after meeting with Q2 EPS but missing with sales. The loss fattened to 25% the next day in reaction to weak guidance.

On April 30, 2008, AKAM slipped 0.06% in the evening hours after the company missed with revenue though beat with EPS by two cents. The loss was a deeper 3.9% the next day.

On Feb. 6, 2008, shares advanced 1.9% during evening trading after AKAM beat Q4 expectations. The gain improved to 9% the next day.

3:20 PM, Jul 30, 2009 -- Gen-Probe (GPRO) is due with its Q2 results after the bell tonight, and analysts polled by Thomson Reuters expect the company to report a profit of $0.43 per share on revenue of $123 million.

GPRO generally sees solid next-day volatility following after-hours earnings events. The stock has recorded wider next-day percentage closing levels following 15 of its last 21 evening-session quarterly reports. In the near term, the stock has widened in the last five consecutive quarters, though one recent example was a case of flat evening trade followed by a next-day decline.