6 Stocks Moving In After-Hours, Post-Earnings

U.S. stock markets closed slightly lower on Monday, retreating from all-time highs hit last Friday.

After the market closed, Rackspace Hosting, Inc. RAX, SINA Corp SINA, Hertz Global Holdings, Inc HTZ, News Corp NWSA, Nuance Communications Inc. NUAN and LendingClub Corp LC reported their quarterly results and saw their stocks move. So, let’s take a look into the action.

Shares of Rackspace traded down about 1.7 percent in after-hours, even though results beat expectations on both the top and bottom line. Q2 EPS of $0.28 compared to a $0.22 estimate, and revenue of $523.6 million beat the Street’s consensus of $521.2 million. What was driving the stock down was the guidance provided for the ongoing quarter and full year. For the current quarter, management said it revenue of $510 million to $515 million, below consensus estimates of $531 million. For the full year, the team envisions revenues between $2.06 billion and $2.08 billion, once again below analysts’ expectations for $2.11 billion in sales.

On the other hand, shares of SINA gained 4.4 percent since the bell rang, on the back of a double beat. Q2 EPS of $0.27 beat estimates by $0.12, while revenue of $241.35 million came in $9.66 million ahead of expectations. Also helping the shares was the full year guidance, which was raised from $850 million - $950 million to $950 million - $1 billion.

Back to decliners, we’ve got Hetz, which has tumbled more than 2.75 percent in after-hours trading, after earnings missed expectations. While revenue of $2.3 billion beat estimates of $2.26 billion, EPS of $0.41 fell $0.12 short of them – although some analysts have deemed the EPS figures non-comparable.

Interesting was the case of News Corp. which was flat in after-hours, as EPS $0.10 missed estimates by $0.03, while sales of $2.2B billion, up five percent year over year, beat the Street’s consensus of $2.06 billion.

Finally, there’s Nuance and LendingClub, which slipped 0.86 percent and 3.13 percent in Monday’s after-hours session.

The former posted Q3 EPS of $0.38, beating the Street’s consensus by $0.01, on revenue of $484.9 million, which missed estimates by $4.64 million.

The latter delivered a net loss of ($0.09), $0.07 larger than expected, even though revenue of $102.4 million beat expectations by $1.89 million. In addition, the company said CFO Carrie Dolan is also leaving the company.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.