Tripadvisor Inc Jumps To New 52-week High On Robust Earnings (CHKM, HLF, PZZA, TRIP)

Chesapeake Midstream Partners, L.P.(NYSE:CHKM) shares are trading lower by 3.74% to $27.77. The company is scheduled to report its quarterly earnings on May 8, 2012. Analysts are estimating the company to report a profit of $0.36 a share, up from a year ago profit of 27 cents a share. Revenue is estimated to rise by 40.70% to $173.77 million, from a year ago revenue of $123.53 million. So far this year, the stock is down over 4% and up about 1% over the past one year.

Herbalife Ltd.(NYSE:HLF) extended its downtrend and fell another 4%. Yesterday, the stock plunge about 20% short-seller David Einhorn asked the company about some of its previous 10K disclosures. Eihhorn specifically noted that the company had listed three groups of distributor as "at the low end" in a previous filing but stopped disclosing that in its last 10K. In response to the question of whether the company stopped tracking or stopped disclosing that information, an Herbalife executive said the criteria for grouping distributors in to different classes was based off of volume purchases. The company said the reason it took the information out of the 10k was related to a change in CFO, noting it did not view the information as valuable information to the business or to investors. The company said its "objective is to be completely transparent."

Papa John's Int'l, Inc.(NASDAQ:PZZA) added 19% after the company the reported a better-than-estimated first-quarter profit, prompting the company to boost its full-year outlook.
The company earned $16.7 million, or 69 cents per share, up from $16.4 million, or 64 cents per share, in the same quarter last year. On an adjusted basis, the company earned 79 cents a share. Revenue grew 6% to $331.3 million.
The company now projects to earn $2.40 to $2.50 per share for the year, up from prior outlook of $2.33 to $2.43 per share, ahead of analysts’ estimates of $2.36 per share for the year.

Tripadvisor Inc(NASDAQ:TRIP) is one of the biggest gainer and soared 17% after the company reported a stronger-than-anticipated first-quarter earnings.The company reported net income of $48.1 million, or 35 cents per share, compared with $47.4 million, or 35 cents per share, a year earlier. Excluding various costs, the company would have earned 38 cents per share, ahead of analysts’ target by 5 cents.Revenue rose to $183.7 million, beating analysts' forecast of $174.1 million. The company got 79% of its revenue from click-based advertising, with 12% from conventional display ads and 9% from subscription and other sources.