Three Stocks Moving Big On Tuesday's After-Hours Session

Shares of Boot Barn Holdings Inc BOOT were trading up more than 18.6 percent on Tuesday’s after-hours session, following the announcement of the company’s third quarter fiscal 2016 financial results. After the market closed, the lifestyle retail company posted a 49 percent increase in net sales, to $194 million, and adjusted net income per diluted share of $0.45, $0.05 higher than a year ago. The Street’s expectations were, however, substantially lower.

Also rising on its earnings report was Edwards Lifesciences Corp EW, which gained more than 5 percent since the bell rang. The medical tech company posted earnings of $0.63 per share on revenue of $671.1 million, well above the Street’s consensus, which called for earnings of $0.59 per share and sales of $646.49 million. Management also raised its guidance for 2016.

On the other hand, shares of Match Group Inc MTCH were down more than 5 percent, after the company reported its fourth quarter fiscal 2015 financial results. The owner of Tinder and Match.com posted, however, a 12 percent increase in revenue on the back of a larger paid subscriber base. Nonetheless, revenue of $267.6 million fell short of expectations for $271.75 million in sales. EPS of $0.16 also missed estimates of $0.19.

 

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

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceAfter-Hours Center
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...