Sandisk Corporation (SNDK) Earnings Drive Stock Up After Bell

SanDisk Corporation (NASDAQ:SNDK) showed its results for the first quarter of 2014 after the bell rang on Wall Street this afternoon. The flash storage maker showed earnings of $1.44 per share for the three months. Revenue for the first quarter came to $1.5 billion. On today's market shares in the data-solutions firm trended upward and finished at $75.85 in anticipation of this earnings report.

Analysts studying SanDisk Corporation (NASDAQ:SNDK) were looking for the company to report earnings of $1.25 per share for the first quarter of the new year. Revenue was expected to come to $1.5 billion. The estimates came from a Businessweek survey of 26 analysts following the company. In the...