Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of $12 billion to $12.1 billion and higher than the consensus estimate of $12.13 billion. Same-store sales growth for the year will be between 4.4% to 4.7%, up from an earlier estimate of 2.5% to 3.5%. Hewlett Packard Enterprise — The cloud services company missed Wall Street’s fourth-quarter revenue expectations, leading shares to drop about 8% in the after-hours session. Hewlett Packard Enterprise reported revenue of $9.68 billion for the period, falling short of the $9.94 billion expected by analysts polled by LSEG. Earnings for the quarter beat expectations. SoFi Technologies — The fintech company’s stock moved more than 5% lower after SoFi announced an underwritten public offering of $1.5 billion of shares of its common stock. Rubrik — Shares jumped more than 15% after the cloud data management company reported a beat on top and bottom lines. For its fiscal third quarter, Rubrik earned 10 cents per share on an adjusted basis on revenue of $350 million. Analysts polled by LSEG expected a loss of 17 cents per share on $320 million in revenue. DocuSign — Shares of the digital document signing company fell nearly 3% even as the company raised its full-year sales outlook after reporting third-quarter results. In the latest period, Docusign earned $1.01 per share on an adjusted basis, while revenue rose to $818.4 million. Analysts surveyed by FactSet, expected a profit of 92 cents and revenue of $806.2 million. ServiceTitan — The software stock added 5% in extended trading. ServiceTitan reported a third-quarter revenue beat and gave fourth-quarter guidance that came out higher than analysts’ consensus estimate. The company’s operating income for its most recent quarter also exceeded estimates, according to FactSet. — CNBC’s Christina Cheddar Berk contributed reporting.
Post Comment