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Planet Fitness (PLNT), Mondelez International (MDLZ), Diamondback Energy (FANG) and Devon Energy (DVN) topped estimates late Tuesday, while Inphi (IPHI) sank on weak guidance.

Estimates: Profit to vault63% to 44 cents a share, on a 40.6% sales gain to $93.51 million.

Results: EPS of 44 cents on revenue of $93.6 million.

Outlook: Q2 EPS of 27-39 cents, well below consensus for 46 cents, on revenue of $80 million-$88 million, below consensus for $96.3 million.

"However, Q2 revenue will be adversely impacted primarily by inventory accumulation in China Long Haul and Metro, which represents 40% of worldwide optical communications demand," said CEO Ford Tamer in a statement. "We are confident in the growth opportunities for Inphi in 2017 and 2018, in the long haul, metro and inter- and intra-data center markets, because of our product positioning with leading customers and growing market share,"

Stock: Inphi sank 15% late. Shares finished 4.3% lower at 40.54 amid a broad semiconductor sell-off. The fabless chip designer, which has an optical communications unit, reports ahead of fiber-optic parts maker Lumentum (LITE), which is set to reveal fiscal Q3 earnings early Thursday.

Also after the close, optical equipment maker Oclaro (OCLR) gave weak revenue guidance, sending shares down 7%. Lumentum fell 4% late, and Acacia Communications (ACIA) lost 1.7%.

Estimates: EPS should climb 4.2% to 50cents despite a 1.3% revenue dip to $6.372 billion.

Results: EPS of 53 cents on revenue of $6.41 billion.

Stock: Mondelez rallied 3% late. Shares fell 0.7% to 43.77. Shares were back below the 50-day, where they have tradedfor much of the past year. Its52-week high in February came amid merger buzz.

Estimates: Per-share earnings of 16 cents, rising from a year-ago gainof 15 cents. Revenue is seen rising 8.4%, to $90.38 million.

Results: EPS of 19 cents on revenue of $91.1 million.

Outlook: Full-year EPS of 74-77 cents, vs. consensus views for 75 cents, on revenue of $404 million-$415 million.

Stock: Planet Fitness edged up 0.15% late. Shares closed down 1% at 20.27. The gym chain remains lodged well below a 22.23 buy point from a cup-shaped, first-stage base, having made a negligible advance from earlier breakoutsin the past year.

Analysts have been bullish on Planet Fitness' unique strategy that marries low membership costs with a judgment-free setting.

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Estimates: Earnings to rocket to 60 cents from 2 cents a year ago, as sales climb 150.2% to $218.9 million.

Results: EPS of $1.04 on revenue of $235 million. Production rose 61%, including an acquisition.

Outlook: Diamondback Energy kept its full-year spending outlook of $800 million-$1 billion.

Stock: Diamondback dipped 0.4% late. The shale producer ended down 0.6% at 98.38 as oil prices sold off. Shares have been consolidating for nearly three months and were testing long-term support levels on Tuesday.

Estimates: Per-share profit of 40 cents vs. a year-ago loss of 53 cents, as revenue soars 43.2%, to $3.045billion.

Results: EPS of 41 cents on revenue of $3.55 billion.

Outlook: Devon maintained its full-year capex spending outlook of $2.285 billion-$2.69 billion.

Stock: Deven rallied 2.3%. Shares dropped 1.2% at 38.85.

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8:36 PM ET Techs led stock futures Tuesday night following Apple's mixed results and a slew of other after-hours earnings. Facebook and Tesla...

8:36 PM ET Techs led stock futures Tuesday night following Apple's mixed results...

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Planet Fitness - Investor's Business Daily

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