Stocks making the biggest moves after hours: NetApp, Workday, Leslie’s, Las Vegas Sands and more

Stock Market

A close-up of the Workday logo on its headquarters in Pleasanton, California, on March 26, 2018.
Smith Collection | Archive Photos | Getty Images

Check out the companies making headlines in extended trading.

Workday — Stock in the workforce platform provider added more than 6% after third-quarter results surpassed Wall Street estimates. Workday notched adjusted earnings of $1.53 per share on $1.87 billion in revenue, while analysts surveyed by LSEG, formerly known as Refinitiv, expected $1.41 in earnings per share and $1.85 billion in revenue.

NetApp — The data infrastructure firm climbed nearly 10% after a beat on the top and bottom lines in the fiscal second quarter. The company reported adjusted earnings of $1.58 per share on $1.56 billion in revenue, while analysts polled by LSEG forecast earnings of $1.39 per share and $1.53 billion in revenue. NetApp also issued higher-than-expected third-quarter earnings guidance.

Leslie’s — Stock in the swimming supplies company plummeted more than 16% after the company forecast a wider-than-expected loss for the first quarter. Leslie’s is calling for an adjusted loss of 21 cents to 20 cents per share, compared to analysts’ expectations for a loss of 16 cents per share, according to FactSet. Fourth-quarter adjusted earnings were also below expectations.

Jabil — Shares fell more than 8% after the manufacturing solutions company issued a lower revenue forecast for the fiscal first quarter of 2024. The company now expects revenue in the range of $8.3 billion to $8.4 billion, down from a range of $8.4 billion to $9 billion.

Las Vegas Sands — The casino operator slipped 3.5% after it announced that Miriam Adelson would sell $2 billion in shares. Adelson is the largest shareholder of Las Vegas Sands, and the funds will be used to purchase a professional sports team, the company said in a regulatory filing.

Daily Journal — Shares of the Daily Journal are expected to be active. Charlie Munger, chair and publisher of the Daily Journal and second-in-command at Berkshire Hathaway, died Tuesday at age 99. Shares of the newspaper fell 4.5% during the regular session.

CNBC’s Contessa Brewer and Darla Mercado contributed reporting.

Products You May Like

Articles You May Like

UK borrowing costs climb as ‘stagflation’ fear stalks gilt market
Texas clears Wells Fargo after bank quits Net-Zero alliance
Utilities urged to disclose ESG risks
Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping
November home sales surged more than expected, boosted by lower mortgage rates

Leave a Reply

Your email address will not be published. Required fields are marked *