Earnings Top Surprises – CRS, IOC, AMED – Top Stock Market Alerts

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Carpenter Technology Corporation (NYSE:CRS) climbed 10% to $23.50 on 837K shares after a specialty alloy producer, posted a narrower-than-expected first-quarter loss helped by lower costs, The company said its revenue level has bottomed in the quarter and will improve sequentially over the rest of the year. However, it still expects revenue for its fiscal year 2010 to be lower than fiscal 2009. Carpenter had revenue of $1.36 billion in fiscal 2009. For fiscal 2010, analysts on average were expecting Carpenter to report revenue of $1.13 billion, according to Thomson Reuters I/B/E/S.

InterOil Corporation (USA) (NYSE:IOC) jumped up 9% to $48.82 on a huge volume of over 780K shares. InterOil Corporation (InterOil) is an integrated energy company operating in Papua New Guinea. The Company operates in four business segments: Upstream, Midstream, Downstream and Corporate. Upstream includes Exploration and Production, which explores oil and natural gas in Papua New Guinea.

Amedisys, Inc. (NASDAQ:AMED) fell 6% to $40.44 after a provider of home health-care and hospice services, posted a quarterly profit that edged past analysts' estimates, helped by higher net service revenue from start-up agencies, and it reaffirmed its forecast for the year. For the third quarter ended Sept 30, the company reported net income of $35.9 million, or $1.29 a share, compared with $23.5 million, or 87 cents a share, a year ago. Net service revenue rose 21 percent to $388.3 million. Analysts on average expected earnings of $1.27 a share, excluding special items, on revenue of $384.4 million,
according to Thomson Reuters I/B/E/S.