Verify out the corporations producing headlines soon after the bell:
Shares of Ulta Beauty jumped a lot more than four % in extended trading Thursday following the release of the beauty company’s much better-than-anticipated fourth-quarter earnings. Ulta reported earnings per share of $three.61 on revenues of $two.12 billion. Wall Street estimated earnings per share of $three.56 on revenues of $two.11 billion, according to Refinitiv.
Ulta’s identical retailer sales elevated 9.four %, compared to the estimated boost of 7.9 %.
Broadcom shares rose as considerably as five % soon after hours Thursday following mixed 1st-quarter earnings. The semiconductor enterprise posted $five.79 billion in income, missing estimates surveyed by Refinitiv of $five.82 billion. Earnings per share had been $five.55, beating the $five.23 forecast by analysts.
“Related to our peers, we see a slowdown in China impacting demand. Nonetheless, considerably of this was factored into our original guidance and we are keeping our complete year fiscal 2019 small business outlook,” mentioned President and CEO of Broadcom Hock Tan.
Broadcom gave complete year guidance in line with estimates: $24.five billion, vs. the $24.three billion estimated.
Shares of Facebook ticked two % reduced soon after hours on news that two of the company’s executives, Chief Solution Officer Chris Cox and WhatsApp Vice President Chris Daniels, are leaving.
Shares of Adobe ticked reduced in extended trading Thursday soon after the laptop or computer software program enterprise issued weak second-quarter outlook, in spite of powerful 1st-quarter earnings. Adobe posted adjusted earnings per share of $1.71 on revenues of $two.60 billion. Wall Street estimated earnings per share of $1.62 on revenues of $two.55 billion, according to Refinitv.
Adobe issued weak second-quarter guidance: earnings per share of $1.77, compared to the $1.88 anticipated by analysts.
Oracle shares rose slightly but later turned damaging soon after industry close Thursday following much better-than-anticipated third-quarter earnings. Beating on the best and bottom lines, the laptop or computer software program enterprise posted earnings per share of 87 cents, topping Refinitiv estimates by three cents. Income was $9.62 billion, beating the forecast $9.59 billion.
Jabil shares moved two % greater soon after hours just before trading flat Thursday following the manufacturing solutions company’s mixed second-quarter earnings. Jabil reported revenues of $six.07 billion, missing estimates of $six.08 billion. Earnings per share had been 64 cents, greater than the anticipated 61 cents.