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Stocks making the biggest moves after hours: Ross Stores, Intuit, Workday and more

Garry Wills by Garry Wills
May 23, 2024
in Business Finance
Stocks making the biggest moves after hours: Ross Stores, Intuit, Workday and more
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Check out the companies making headlines in extended trading. Ross Stores – Shares of the discount clothing store jumped 7%. Ross Stores reported first quarter earnings of $1.46 per share on revenue of $4.86 billion. Analysts polled by LSEG anticipated earnings of $1.35 per share and revenue of $4.83 billion. Workday — The enterprise management company pulled back 10% after the company’s subscription revenue guidance missed Wall Street estimates. Workday expects second-quarter subscription revenue guidance of $1.895 billion, while consensus forecasts called for $1.9 billion, per StreetAccount. Intuit – The owner of TurboTax fell 7% on soft guidance for the current quarter. Intuit called for fiscal fourth-quarter adjusted earnings of $1.80 to $1.85 per share, while analysts polled by FactSet predicted $1.92 per share. Fiscal-third quarter results beat the Street’s expectations on the top and bottom lines, however. Deckers Outdoor — Shares surged more than 7% after the footwear company surpassed Wall Street estimates on the top and bottom lines in the fiscal fourth quarter. Deckers reported $4.95 per share on revenue of $960 million, while analysts polled by LSEG forecast earnings of $2.89 per share and $888 million in revenue. — CNBC’s Darla Mercado and Scott Schnipper contributed reporting



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