LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Stocks making the biggest moves after hours: Palo Alto Networks, SolarEdge Technologies, Diamondback Energy and more

Garry Wills by Garry Wills
February 20, 2024
in Business Finance
Stocks making the biggest moves after hours: Palo Alto Networks, SolarEdge Technologies, Diamondback Energy and more
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Check out the companies making headlines after the bell. Palo Alto Networks – Shares declined nearly 19% after the cybersecurity company’s full-year guidance missed expectations. Palo Alto Networks said it predicts full-year revenue growth of 15% to 16%, down from earlier guidance of 18% to 19% growth. The company also reduced its full-year billings forecast. Meanwhile, adjusted earnings and revenue in the fiscal second quarter topped analysts’ estimates. Diamondback Energy — Shares gained 1.6% after the energy company beat on both top- and bottom-lines in the fourth quarter. Diamondback posted adjusted earnings of $4.74 per share on $2.23 billion in revenue. Analysts polled by LSEG had forecasted $4.66 in earnings per share on revenue of $2.17 billion. Caesars Entertainment — The hotel and resorts stock lost more than 1% after posting a revenue miss in the prior quarter. Caesars reported $2.83 billion in revenue while analysts had estimated $2.85 billion, according to LSEG. SolarEdge Technologies — Shares tumbled 9% after the solar company’s mixed fourth-quarter report . SolarEdge reported smaller-than-expected adjusted losses of 92 cents per share, compared to analysts’ forecasts of $1.17 losses per share, per LSEG. Meanwhile, revenue of $316 million fell below Wall Street’s expectations of $354 million. Quarterly revenue declined 56% year over year. Revenue guidance for the first quarter also came in below expectations. Teladoc — The virtual health-care company fell 16% after reporting lower-than-expected revenue and weak forward guidance. Teladoc reported $661 million in revenue versus estimates of $671 million, according to analysts polled by LSEG. The company did post smaller-than-expected losses of 17 cents per share, compared to analysts’ predictions for a loss of 21 cents per share. Teladoc guided for revenue of $630 million to $645 million in the first quarter, missing analysts’ estimates of $673 million according to LSEG. Toll Brothers — The homebuilder saw its shares jump more than 3% in after-hours trading after the company reported better-than-expected earnings. Toll Brothers posted earnings of $2.25 per share for the fiscal first quarter, higher than an estimate of $1.78 per share, according to LSEG. Revenue of $1.93 billion also beat expectations. CoStar Group — Shares fell 7% after the real estate marketplace issued weaker-than-anticipated guidance for the current quarter. CoStar anticipates first quarter earnings of 6 to 7 cents per share on revenue of $645 million to $650 million. Analysts polled by LSEG called for 29 cents per share on revenue of $653 million. Full-year guidance was also weaker than anticipated, overshadowing beats on the top and bottom lines for the fourth quarter. — CNBC’s Yun Li and Alex Harring contributed reporting



Source link

You might also like

Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster

JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive

Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more

Share30Tweet19
Previous Post

Rivian CEO calls $48K the sweet spot for EV prices, says R2 will rival Tesla’s Model Y

Next Post

Nikola Badger electric pickup makes a comeback in the most hilarious way

Garry Wills

Garry Wills

Recommended For You

Astronomer CEO’s ‘kiss cam’ controversy sparked over  million in prediction markets bets on his ouster
Business Finance

Astronomer CEO’s ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster

July 21, 2025
JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive
Business Finance

JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive

July 21, 2025
Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more
Business Finance

Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more

July 21, 2025
Stocks making the biggest moves premarket: Block, Pinterest, Verizon and more
Business Finance

Stocks making the biggest moves premarket: Block, Pinterest, Verizon and more

July 21, 2025
Next Post
Nikola Badger electric pickup makes a comeback in the most hilarious way

Nikola Badger electric pickup makes a comeback in the most hilarious way

Related News

Target’s looming earnings report will show tariff pressure, Wall Street says

Target’s looming earnings report will show tariff pressure, Wall Street says

May 20, 2025
TD Cowen downgrades Moderna on uncertain flu, Covid-19 winter vaccine demand

TD Cowen downgrades Moderna on uncertain flu, Covid-19 winter vaccine demand

August 4, 2023
Interest rate hike speculation triggers outflows from crypto investment products: Report

Interest rate hike speculation triggers outflows from crypto investment products: Report

May 2, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?