Options Trading News

Gun Demand Drives Strong Quarter

Smith & Wesson reported fourth-quarter earnings of $0.27 a share, crushing the $0.17 average analyst forecast. Revenue also beat and guidance was better than expected as gun demand continues to outstrip supply. SWHC pops 16 percent before the bell on my tradeMONSTER platform.

Accenture Earnings, Revenue Beat

Accenture earned $1.03 a share in its third quarter on revenue of $7.64 billion. Analysts had expected profit of $0.99 on revenue of $7.16 billion. ACN climbs more than 4 percent before the bell.

Nike Fumbles As Inventories Mount

Nike reported earnings of $1.17 a share, missing the $1.27 consensus forecast. Sales were also weak and inventories piled up by more than 20 percent! NKE drops 11 percent on the news.

Research In Motion Misses Badly

Research In Motion's results were even worse than analysts had feared. The adjusted loss was a gaping $0.37, while analysts had only expected a loss of $0.04. Revenue of $2.8 billion missed the $3.11 billion estimate, and management delayed the release of its new BlackBerry 10 until early next year. RIMM craters 15 percent in early trading.