Watch For Reversal Off Earnings-Driven Upside Move In Applied Materials After-Hours Trade

Brooks McFeely submits:Applied Materials (AMAT) is due with its Q2 results after the close tonight, and analysts polled by Thomson Reuters are expecting the company to report a profit of $0.37 per share on revenue of $2.76 billion. AMAT has a tendency to reverse its after-hours movement the next day following an evening earnings event. It has done so after 17 of the last 28 earnings events.

By Brooks McFeely:Applied Materials (AMAT) is due with its Q3 results after the close tonight, and analysts polled by Thomson Reuters are expecting the company to report a profit of $0.33 per share on revenue of $2.68 billion. AMAT has a tendency to reverse its after-hours movement the next day following an evening earnings event. It has done so after 18 of the last 29 earnings events.

By Brooks McFeely:Applied Materials (AMAT) is due with its Q1 results after the close tonight, and analysts polled by Capital IQ are expecting the company to report a profit of $0.03 per share on revenue of $1.55 billion.AMAT has a tendency to reverse its after-hours movement the next day following an evening earnings event. It has done so after 21 of the last 35 earnings events.

By Brooks McFeely:Applied Materials (AMAT) is due with its Q1 results after the close tonight, and analysts polled by Thomson Reuters are expecting the company to report a profit of $0.12 per share on revenue of $1.97 billion. AMAT has a tendency to reverse its after hours movement the next day following an evening earnings event. It has done so after 18 of the last 31 earnings events.

Brooks McFeely submits:Applied Materials (AMAT) has been the source of a lot of post-earnings pain for longs, so if you're heading into tonight's trade looking to ride an upside wave you could be disappointed. The stock's history on the upside makes us very cautious.AMAT has recorded an earnings-driven after-hours gain in 14 of the 27 quarters we've tracked over the last seven years.

Brooks McFeely submits:Favor the downside in the wake of Cisco's (CSCO) Q2 earnings tonight. That's what history tells us in the eight years we've been tracking this stock post-earnings.

By Brooks McFeely:Citrix Systems (CTXS) is due with its Q2 results in tonight's after hours session, and analysts polled by Thomson Reuters expect the company to report a profit of $0.55 per share on revenue of $522 million. CTXS is mixed in its performance between the sessions, adding to its earnings-driven after hours trade in next-day action in 13 events and reversing direction in 13 events over the last 26 quarters.

Brooks McFeely submits:Tibco Software (TIBX) is slated to report its Q2 results after the bell tonight, and analysts polled by Thomson Reuters expect the company to report a profit of $0.18 per share on revenue of $198 million.