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Sunday, May 28, 2023

Stocks moving huge after hours: PANW, URBN, INTU, TOL

Building and construction employees construct a Toll Bro house in Boca Raton, Florida.

Joe Raedle|Getty Images

Take a look at the business making headings in prolonged trading.

Palo Alto Networks— Shares acquired 3.5% after the business’s financial third-quarter revenues and income topped quotes. The cybersecurity business published adjusted revenues of $1.10 per share and income of $1.72 billion. Experts surveyed by Refinitiv had actually approximated revenues of 93 cents per share and $1.71 billion in income. The business’s revenues assistance for the financial 4th quarter likewise went beyond expectations.

Urban Outfitters— The clothes merchant’s stock popped 6%. Urban Outfitters published revenues of 56 cents per share in the very first quarter. Experts had actually anticipated revenues of 35 cents per share, according to Refinitiv. Income likewise beat expectations, with the business reporting $1.11 billion versus agreement quotes of $1.09 billion.

Agilent Technologies— Shares of the lab innovation business decreased more than 6%. Agilent published a revenues and income beat in the financial 2nd quarter, according to Refinitiv. Assistance for revenues and income in the financial 3rd quarter was lower than prepared for.

Intuit— The tax software application business’s shares fell more than 5%. While Intuit’s financial third-quarter revenues beat quotes, income fell listed below expectations, according to Refinitiv. The business’s revenues outlook for the existing quarter was likewise lower than what experts had actually approximated.

Toll Bro— Shares acquired more than 3% after the business’s financial second-quarter revenues and income beat experts’ quotes. The business stated the boost in need that began in January has actually continued into the start of its 3rd quarter.

VF Corp.— The garments business’s shares leapt 2% in prolonged trading. VF, whose brand names consist of Smartwool and The North Face, published changed revenues of 17 cents per share on income of $2.74 billion throughout its financial 4th quarter. Experts were requiring revenues of 14 cents per share on income of $2.73 billion, according to Refinitiv.

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