Check out the companies that make headlines in their expanded trading. Gap – Apparel Stock plunged more than 16% as a lack of second-quarter revenue guidance overshadowed first-quarter revenue beats. The gap expects revenues for the second quarter will remain roughly flat each year. Analysts were hoping for forecasts that demanded small profits. Costco – Wholesale retailers reported quarterly results that beat analyst expectations, but the stocks had little change. The company won $4.28 per share with revenue of $63. 2 billion. Analysts were expecting a profit of $4.24 per share against $631.9 billion in revenue. The same store’s sales growth rate and total margins also exceeded estimates. Dell Technologies – The tech company’s stocks earned more than 5% after first quarter revenue exceeded analyst estimates. Dell reported revenue of $233.8 billion, with analysts voted by LSEG calling for $23.14 billion. The company also raised full-year revenue guidance. Ulta Beauty – The cosmetics company went above 8% in its first quarter results that surpassed analyst expectations. Ulta reported earnings per share of $6.70 against revenue of $2.84 billion. Analysts voted by LSEG were looking for $5.81 per share, a profit of $2.8 billion. American Eagle Outfitters – Clothing retailers have pulled back more than 8%. The first quarter adjusted loss of 29 cents per share overshots LSEG estimates with a loss of 22 cents per share. Elastic NV – Software Stocks slipped over 11% after the company’s full-year earnings outlook missed analyst estimates. Elastic expects full-year revenues ranging from $1.655 billion to $1.67 billion. Analysts had forecast a $1.688 billion outlook for each fact set. PagerDuty – Cloud Computing Stocks fell more than 6% after the company’s second quarter revenue outlook missed analyst estimates. Pagerduty forecasts second-quarter earnings per share in the range of 19 to 20 cents, and with the exception of items, analysts surveyed by FactSet were looking for profit guidance of 23 cents per share. ZSCALER – Shares rose more than 4% after cybersecurity companies posted third quarter revenues and revenues that beat expectations. Zscaler also issued quarter revenue and revenue guidance that was better than expected. UIPATH – Automation software companies rose more than 11% after their second quarter revenue guidance easily surpassed analyst estimates. Uipatth looks at second quarter revenues in the $345 million to $350 million range, but analysts voted by FactSet were expecting $331.3 million. NetApp – Data Infrastructure Company stocks have rebounded its first quarter earnings outlook by 6%, missing out on what analysts are expecting. NetApp is expected to earnings per share in the range of $1.48 to $1.58, with analysts voted on fact set forecasts $1.65 per share – CNBC’s Fred Invert contributed to reporting
Stocks making the biggest move after opening hours: Gap, AEO, Pass, Dell
