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5 Stocks Moving After Hours: Lululemon, Ambarella And More

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U.S. stocks were mixed but mostly higher on Thursday trading, as lower oil prices and disappointing factory activity data were counterpoised by strength in tech stocks.

Lululemon Athletica inc. (NASDAQ: LULU) reported Q2 EPS of $0.38, while revenue of $514.5 million missed estimates by $970,000. On the back of the revenue miss and lukewarm guidance, shares lost more than 8.8 percent after the bell rang.

Smith & Wesson Holding Corp (NASDAQ: SWHC) slipped barely 0.45 percent in after-hours trading  after an initial spike up, even though Q1 results crushed expectations. EPS of $0.57 and revenue of $207 million beat the Street’s consensus by $0.04 and $8.84 million, respectively. Guidance also beat estimates by a wide margin.

Ambarella Inc (NASDAQ: AMBA) dropped almost 2 percent even though Q2 EPS of $0.54 and revenue of $65.1 million beat the Street’s consensus by $0.16 and $820,000, respectively. Apparently, what was driving the stock down was the gross profit margin guidance for the ongoing quarter, which came in below expectations.

Broadcom Ltd (NASDAQ: AVGO) was down almost 2 percent even though its Q3 EPS of 2.89 and revenue of $3.79 billion beat expectations by $0.12 and $30 million.

VeriFone Systems Inc (NYSE: PAY), the largest loser in this list, was down 14.65 percent after the bell rang. Q3 EPS of $0.42 ($0.02 above the Street) wasn't enough to offset the revenue miss – sales of $493 million compared to estimates of $515.5 million. Guidance for the current quarter and full year were also disappointing.

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

 

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