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: Salesforce, UiPath, Capri, Pure Storage and more

Garry Wills by Garry Wills
May 29, 2024
in Business Finance
Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


The logo for Salesforce is displayed on the Salesforce Tower in New York City on March 7, 2019.

Brendan Mcdermid | Reuters

Check out the companies making headlines in extended trading:

Salesforce — Shares plunged more than 14% after first-quarter revenue of $9.13 billion missed consensus estimates of $9.17 billion, according to LSEG. Adjusted earnings of $2.44 per share beat a consensus estimate of $2.38, but current-quarter guidance fell below estimates on both top and bottom lines. 

UiPath — The software company tanked 30% after saying its CEO Rob Enslin will resign, effective June 1. He will also be stepping down from the board of directors. Daniel Dines, former CEO of UiPath and current chief innovation officer, will return to the helm.

HP Inc. — The manufacturer of personal computers rose 3%. HP posted adjusted earnings of 82 cents per share on revenue of $12.8 billion in its fiscal second quarter, above analysts’ estimates of 81 cents a share and revenue of $12.6 billion, according to LSEG.

Pure Storage — The software company rose 1% on better-than-expected fiscal first-quarter earnings. Pure Storage posted 32 cents a share in adjusted earnings on $693.5 million in revenue. Analysts surveyed by LSEG had forecast 21 cents a share on revenue of $681 million. 

Okta — The digital identity verification company added nearly 2% after top- and bottom-line numbers topped analysts’ estimates in the first quarter. Okta’s second-quarter revenue guidance range of $631 million to $633 million also beat the consensus estimate for $616 million, according to LSEG data. 

Capri — The Versace and Jimmy Choo fashion group shed 3% after fiscal fourth-quarter results missed analysts’ estimates. Capri reported adjusted earnings of 42 cents a share, while analysts had estimated 65 cents, according to LSEG. Revenue of $1.22 billion also missed forecasts of $1.30 billion. Management cited softening demand for luxury goods and a slowdown in Asia. 

C3.ai — Shares of the artificial intelligence software company climbed more than 8% after reporting quarterly results above estimates. C3.ai lost an adjusted 11 cents per share on $86.6 million in revenue. Consensus estimates had called for a loss of 30 cents on revenue of $84.4 million, according to LSEG. Full-year revenue forecasts also beat estimates. 

American Eagle Outfitters — Shares pulled back nearly 6% after the clothing retailer’s first-quarter revenue missed estimates and it issued weak forward guidance. American Eagle Outfitters reported $1.14 billion in revenue, lower than the average analyst estimate of $1.15 billion, according to LSEG data. Earnings beat estimates, but full-year revenue guidance was in a range of 2% to 4%, compared to forecasts for 3.4%. 

Agilent Technologies — The life sciences company tumbled 14% after lowering full-year earnings and revenue guidance. Agilent guided for earnings per share between $5.15 and $5.25 versus previous guidance of $5.44 to $5.55, according to FactSet. Revenue guidance was also pulled back to between $6.42 billion and $6.50 billion, compared to prior guidance in a range of $6.71 billion to $6.81 billion. Meanwhile, fiscal second-quarter earnings topped estimates, while revenue narrowly fell below the consensus estimate.

Nutanix — The cloud computing company tumbled 14% after issuing its fiscal fourth-quarter revenue forecast of $530 million to $540 million that missed analysts’ estimates of $546 million. Full-year revenue guidance of $2.13 billion to $2.14 billion compared to prior forecasts of $2.12 billion to $2.15 billion, and consensus estimates of $2.14 billion, per FactSet.

— CNBC’s Darla Mercado contributed reporting.

You might also like

Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street



Source link

Share30Tweet19
Previous Post

New York City is about to get its largest battery storage project

Next Post

US Treasury report outlines potential financial risks of NFTs

Garry Wills

Garry Wills

Recommended For You

Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more
Business Finance

Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more

July 11, 2025
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Business Finance

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

July 11, 2025
Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Business Finance

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

July 11, 2025
Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more
Business Finance

Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more

July 11, 2025
Next Post
US Treasury report outlines potential financial risks of NFTs

US Treasury report outlines potential financial risks of NFTs

Related News

Making a room their own: simple ways to add personality to a child’s space – London Business News | London Wallet

Making a room their own: simple ways to add personality to a child’s space – London Business News | London Wallet

March 13, 2025
Grenfell material manufacturer launches case against London council | Property Week

Grenfell material manufacturer launches case against London council | Property Week

February 25, 2025
Tempur Sealy expects acquisition of Mattress Firm to close in mid to late 2024

Tempur Sealy expects acquisition of Mattress Firm to close in mid to late 2024

November 20, 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?