Market Overview

I think you’ll love what you hear,
what you’ll see and the opportunities
that will be set before you.
- Jon Najarian

5 After-Hours Movers: HP, Workday, Guess, Williams-Sonona, PVH


U.S. stock markets tumbled to two week-lows on Wednesday, driven by weakness in materials and healthcare stocks, which reflected anxieties around Yellen’s speech this Friday.

HP Inc (NYSE: HPQ) traded down more than 4.5 percent in Wednesday’s after-hours session, after the company reported its Q3 results. While EPS of $0.48 and revenues of $11.9 billion came in ahead of the Street’s consensus for $0.44 and $11.47 billion, guidance for the fourth quarter and full year fell short of expectations.

Workday Inc (NYSE: WDAY) gained more than 4.3 percent since the market closed, following its Q2 earnings report. Over the second quarter, the firm registered a net loss of $(0.04) per share, $0.02 larger than the Street envisioned. Revenue of $377.7 million, up 33.6 percent year-over-year, came in more than $5 million above expectations.

Guess?, Inc. (NYSE: GES) surged more than 14 percent on an earnings beat and increased guidance. While EPS of $0.14 beat expectations by $0.07, sales of $545 million fell short of consensus at $550.53 million.

Williams-Sonoma, Inc. (NYSE: WSM) traded slightly down since the bell rang. Q2 EPS of $0.58 were in-line with expectations, however, revenue of $1.16 billion fell $10 million short of estimates, same as guidance.

PVH Corp (NYSE: PVH) was up almost 1 percent after EPS of $1.47 beat the Street’s consensus by $0.18, with revenue of $1.94 billion in line with expectations.

Posted-In: Earnings News Guidance After-Hours Center Movers


Related Articles (GES + HPQ)

View Comments and Join the Discussion!

Wednesday's Market Wrap: Stocks Pull Back Mid-Week

A Cheaper Option To The EpiPen