During the day, several companies declared their quarterly earnings. Few companies are set to declare their earnings tomorrow before the opening bell.
Notable Earnings of Tuesday after the Closing Bell: MDSD, PSUN
Medidata Solutions Inc (NASDAQ: MDSD) declared a rise in its Q4 profit to $13.3 million or 55 cents per share from $1.7 million or 7 cents a share it reported a year earlier. Revenue during the quarter rose to $47.4 million from its previous $37.6 million. Analysts had projected net earnings of 26 cents on revenue of $43.5 million. MDSD was down 8.09 percent or $2.05 to $23.28.
Pacific Sunwear of California Inc (NASDAQ: PSUN) reported a decline in its Q4 net loss of $35.2 million or 53 cents per share from $36.5 million or 56 cents a share it posted a year earlier. Revenue of the company during the quarter was $263 million. Analysts had projected a loss of 27 cents on revenue of $272 million for the company. PSUN gained 2.86 percent or $0.12 to $4.31 during the day's trading.
Notable Earnings for Wednesday before the Opening Bell: GSI, CFSG, SUP
General Steel Holdings Inc (NYSE: GSI) is scheduled to report its quarterly financial results tomorrow before the opening bell. Analysts expect the company to register a profit of $0.03 per share on revenue of $481.38 million during the quarter. General Steel Holdings is engaged in the production of hot-rolled steel used in tractors, and other agriculture-specialty vehicles. GSI was down 0.41 percent or $0.01 to $2.44 during the day's trading.
China Fire & Security Group Inc (NASDAQ: CFSG) will report its fourth-quarterly earnings on Wednesday before the stock opens for trading. Wall Street analysts expect a profit of $0.23 per share for the company. The company is a leading provider of industrial fire protection products and services in China. CFSG gained 3.64 percent or $0.22 to $6.27 on Tuesday's trading.
Superior Industries International (NYSE: SUP) is set to release its Q4 financial results on Wednesday before the opening bell. Analysts project a profit of 34 cents per share for the company. Superior Industries is engaged in the supply of aluminum wheels to several automakers like Ford, General Motors and Toyota. SUP lost 0.88 percent or $0.17 to $19.18.