With earnings season in full swing the markets are a buzz with big losers and gainers.Let’s take a look at some right now.First we have HanesBrands (NYSE:HBI) which is a big winner, up 11% higher in the session, putting its price at $29.79. This comes on news of their earnings release which was not-so-bad having an only 27-cent loss as compared to the 33 cents expected.Then there is E-Trade (NASDAQ:ETFC) another big winner on Wall Street, up almost 7% on the day. They posted their quarterly earnings yesterday of 22 cents a share or a profit of $62.6 million. This was a huge growth from the same period last year which was only $45 million or 16 cents a share.Now with some big losers in the markets right now, Tempurpedic International (NYSE:TPX) shares are down over 20% due to their earnings release. They are not down because of their first quarter earnings though, that beat estimates. The reason for the losses is their lower than expected 2012 forecast. Analysts were expecting the mattress company to predict earnings of $3.97 per share on revenue of $1.66 billion. But, Tempurpedic said they expect earnings between $3.80 to $3.95 per share on revenue of $1.6 to $1.65 billion.And finally we have Sandisk Corporation (NASDAQ:SNDK) which is currently down over 13% on the day. Their downward shift is due to their disappointing earnings which came in at 63 cents a share, while analysts were looking for earnings of 70 cents a share. Their revenue for the quarter declined 7% year over year to $1.21 billion and fell 24% from the fourth quarter.That’s it for today’s market movers. For more insight into the financial and business world stay tuned to the Financial News Network at FNNO.com
