Market Overview

5 Stocks Moving After Hours

Share:

U.S. stocks closed slightly higher on Tuesday, as losses in the energy sector were offset by a surge in healthcare stocks, as investors awaited monetary policy decisions out of the United States and Japan on Wednesday.

Adobe Systems Incorporated (NASDAQ: ADBE) reported its Q3 financial results. EPS of $0.75 and revenue of $1.46 billion both beat the Street’s consensus by $0.02 and $10 million, respectively. For the ongoing quarter, management said it expects EPS of $0.83 to $0.89, above estimates of $0.78, and sales of $1.55 billion to $1.6 billion. Shares traded up about 4.6 percent in Tuesday’s after-hours session.

FedEx Corporation (NYSE: FDX) rose about 1.3 percent on a top and bottom line beat. Q1 EPS of $2.90 beats estimates by $0.12, while revenue of $14.7 billion, up almost 20 percent year-over-year, came in $890 million ahead of expectations.

KB Home (NYSE: KBH) was up more than 3.8 percent after the market closed. The homebuilder posted Q3 EPS of $0.42, $0.03 ahead of expectations, even though revenue of $913.28 million fell about $30.86 million below them.

E Commerce China Dangdang Inc (ADR) (NYSE: DANG), was up 0.15 percent ahead of its earnings report, same as Copart, Inc. (NASDAQ: CPRT), which gained 0.8 percent before  quarterly figures were out.

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

 

Related Articles (ADBE + CPRT)

View Comments and Join the Discussion!

Fedex Q1 Beats On EPS & Revenue, Cuts Full Year Outlook

Sprint's 5-Year Turnaround Plan Gets A Boost From iPhone 7