3 Consumer Stocks Highly Active After Earnings Releases

Denny’s Corporation (NASDAQ:DENN) reported net income above Wall Street’s expectations for the first quarter. Net income for Denny’s Corporation rose to $5.9 million (6 cents per share) vs. $4.1 million (4 cents per share) in the same quarter a year earlier. This marks a rise of 43.1% from the year-earlier quarter. Revenue fell 6.7% to $126.7 million from the year-earlier quarter. Denny’s Corporation beat the mean analyst estimate of 5 cents per share. Analysts were expecting revenue of $127.9 million.

Harman International Ind. Inc. (NYSE:HAR) reported its results for the third quarter. Harman International Industries is a global audio equipment company.  Net income for Harman International Ind. Inc. rose to $173 million ($2.38 per share) vs. $36.6 million (51 cents per share) in the same quarter a year earlier. This is a more than fourfold rise from the year-earlier quarter. Revenue rose 15.6% to $1.1 billion from the year-earlier quarter. Expectations: Harman International Ind. Inc. reported adjusted net income of 67 cents per share. By that measure, the company beat the mean estimate of 66 cents per share. It beat the average revenue estimate of $1.04 billion.

Herbalife Ltd. (NYSE:HLF) reported higher profit for the first quarter as revenue showed growth.  Net income for Herbalife Ltd. rose to $108.2 million (88 cents per share) vs. $87.6 million (71 cents per share) in the same quarter a year earlier. This marks a rise of 23.6% from the year-earlier quarter. Revenue rose 21.3% to $964.2 million from the year-earlier quarter. Herbalife Ltd. beat the mean estimate of 81 cents per share. It beat the average revenue estimate of $892.9 million.