Thursday's After-Hours Movers: Nike Hits New 52-Week High

Shares of Nike Inc NKE were up 5 percent in Thursday’s after-hours session, after the company beat expectations for its first quarter (fiscal 2016) financial results. The sports brand posted earnings of $1.34 per share, above the Street’s consensus estimate of $1.19 per share. Revenues of $8.4 billion also surpassed estimates, which called for sales of $8.216 billion.

Bed Bath & Beyond Inc. BBBY lost about 3 percent since the bell rang. The company delivered earnings of $1.21 per share, in line with the Street’s consensus. However, revenue of $2.995 billion came in below estimates of $3.033.

One of the biggest losers of the afternoon is Pier 1 Imports Inc PIR, which was down more than 11 percent after hours. The decline was triggered by an earnings and revenue miss: earnings came in at $0.04 per share, below consensus and guidance of $0.08 per share; revenue reached $429.96 million, falling short of $435.59 million expectations.

Jabil Circuit, Inc. JBL was up approximately 9 percent after the market closed. Earnings of $0.53 per share on revenue of $4.681 billion beat the Street’s consensus estimate of $.045 per share and $4.555 billion, and guidance, which called for earnings in the range of $0.40 to $0.50 per share, and revenue of $4.45 billion to $4.65 billion.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.