5 Stocks Moving In After-Hours: Earnings, Sympathy Moves, Offerings & More

U.S. markets closed up on Wednesday, with major indexes posting gains of roughly 0.3 percent (±0.07), helped by higher oil prices, and a lower U.S. dollar, which sent almost all commodities up. Now, let’s take a look into some of the stocks seen moving in Wednesday after-hours session.

Let’s start with Restoration Hardware Holdings Inc RH, which plummeted more than 15 percent since the bell rang, driven by the announcement of the company’s first quarter financial results. While revenue of $455.5 million, up 7.8 percent year-over-year, beat the Street’s consensus by $3.36 million, a net loss of ($0.05) missed estimates by $0.10, same as Q2 guidance, which also fell short of expectations. For the second quarter, management expects revenue of $505 million to $520 million, versus the Street’s $532 million, and EPS of $0.28 to $0.33, tremendously below the $0.80 consensus.

Williams-Sonoma, Inc. WSM was also down, about 1.1 percent, in after-hours, most likely on the back of Restoration Hardware’s miss.

On the other hand, Tailored Brands Inc TLRD was up about 1.1 percent in after-hours, ahead of the announcement of the company’s first quarter financial results. The Street is modeling EPS of $0.43 on revenue of $845.2 million, down from $0.54 and $885.09 million in the same quarter last year.

Back to decliners, there’s Sarepta Therapeutics Inc SRPT, which lost 0.75 percent since the market closed on Wednesday, after the company announced a proposed offering of approximately $37.5 million in common stock, to fund “product and commercial development, manufacturing, any business development activities and other general corporate purposes.”

Finally, Ocean Rig UDW Inc. ORIG was up more than 2.25 percent on no particular news. The spike looked like a continuation of the 5.86 percent surge seen during the day, which seemed driven by the rising oil prices.

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