6 Stocks Moving In Tuesday's After-Hours Session

Markets tumbled on Tuesday, driven by weak personal income, inflation and auto sales data out of the U.S.

Shares of Fitbit Inc FIT, which were down 3.87 percent during the regular session, rose more than 6 percent in after-hours trading, driven by the announcement of the company’s Q2 results. EPS of $0.12, beating the Street’s consensus by $0.01, while revenue of $586.5 million came in ahead of estimates of $578 million to $580 million. This marks the fifth consecutive quarter where the company managed to outperform top and bottom line expectations.

Electronic Arts Inc. EA slipped 1.65 percent after the bell rang, after guidance fell short of expectations. While EPS of $0.07 and revenue of $682 million beat the Street’s consensus by $0.09 and $31.34 million, guidance for the ongoing quarter was disappointing. Management said it expects a net loss of ($0.17) per share on revenue of $915 million, below analysts’ consensus of $0.62 and $1.11 billion.

Tableau Software Inc DATA dropped 3.35 percent after the bell rang. Even though revenue of $198.53 million, up 32.5 percent year-over-year, beat the Street’s consensus by $4.78 million, EPS of $0.00 missed expectations by $0.05.

Sturm, Ruger & Company RGR gained about 1 percent after-hours,ahead of the announcement of the company’s quarterly financial results.

Etsy Inc ETSY was up 5.1 percent even though a second quarter net loss of ($0.06) per share was larger than the anticipated ($0.01) per share. Revenue of $85.35 million implied a 39.1 percent year-over-year increase, and a $4.8 million beat in relation to analyst expectations. Management also raised guidance for full year revenue growth to 25-28 percent, up from 20-25 percent.

Biogen Inc BIIB was up slightly driven by takeover speculation. The Wall Street Journal reported both Merck & Co., Inc. MRK and Allergan plc Ordinary Shares AGN were assessing the possibility.

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