Stocks with the most movement after hours: NTAP, WDAY, LESL, LVS
Close-up of the Workday logo at its headquarters in Pleasanton, California, March 26, 2018.
Smith Collection | Archive Photos | getty images
See which companies are making headlines in expansion deals.
working day — The workforce platform provider’s inventory rose more than 6% after third-quarter earnings beat Wall Street estimates. Workday reported earnings per share of $1.53 and revenue of $1.87 billion, while analysts polled by LSEG, formerly known as Refinitiv, expected earnings of $1.41 per share and revenue of $1.85 billion.
netapp — The data infrastructure company rose nearly 10% after improving both revenue and profitability in its fiscal second quarter. The company reported earnings of $1.58 per share on revenue of $1.56 billion, while analysts polled by LSEG had expected earnings of $1.39 per share on revenue of $1.53 billion. NetApp also released better-than-expected third quarter earnings guidance.
Leslie’s — Shares of the swimming gear company plunged more than 16% after the company forecast a larger-than-expected loss in the first quarter. Leslie’s expects an adjusted loss of 21 to 20 cents per share, compared with analysts’ expected loss of 16 cents per share, according to FactSet. Adjusted profit in the fourth quarter also fell below expectations.
Jabil — Shares fell more than 8% after the manufacturing solutions company issued a low revenue forecast for the first quarter of fiscal 2024. The company now expects revenue in the range of $8.3 billion to $8.4 billion, up from the $8.4 billion to $9 billion range. .
las vegas sands — The casino operator fell 3.5% after Miriam Adelson said she would sell $2 billion of stock. Adelson is the largest shareholder of Las Vegas Sands and her funds will be used to purchase professional sports teams, the company said in a regulatory filing.
daily journal — Daily Journal’s stock price is expected to increase. Charlie Munger, chairman and publisher of the Daily Journal and second-in-command at Berkshire Hathaway, died Tuesday at age 99. The paper’s shares fell 4.5% during the regular session.
— CNBC’s Contessa Brewer and Darla Mercado contributed reporting.
