Actionable news
0
All posts from Actionable news
Actionable news in ZUMZ: Zumiez Inc.,

3 Stocks Moving After-Hours: All About Earnings

U.S. stocks edged lower on Thursday, driven by technology and consumer stocks, as gains in energy stocks were not enough to counter the decline.

Restoration Hardware Holdings Inc RH 1.18% gained 1.18 percent during the day, and an extra 5 percent after-hours, following the company’s Q2 results. EPS of $0.44 on revenue of $543.4 million came in $0.15 and $32 million ahead of expectations, respectively. On the sales front, the firm anticipates revenue of $520 million to $530 million, below estimates of $540 million.

Zumiez Inc. ZUMZ rose more than 1 percent on a top and bottom line beat. For the first quarter, the company posted a net loss of $(0.03), $0.05 smaller than the Street expected, and revenue of $178.3 million, $850,000 ahead of estimates. For Q3 management envisions revenue in the $209 million to $213 million range, versus estimates of $206 million, and EPS of $0.21 to $0.26, below the Street’s $0.31.

Finisar Corporation FNSR 1.78% was up almost 12 percent after the bell rang. Q1 EPS of $0.38 and record revenue of $341.25 million beat estimates by $0.08 and $8.5 million, correspondingly. CEO Jerry Rawls said the strength was substantially driven by demand for 100Gb/s transceivers and wavelength selective switches.

© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.