Shares creating the biggest moves just after hours: Intel, Ford, Roku, Enphase Electrical power and a lot more

Shares creating the biggest moves just after hours: Intel, Ford, Roku, Enphase Electrical power and a lot more


3,760 Enphase microinverters will ability the drying and storage of more than 50,000 tons of California rice at Pressure Ranches in Arbuckle, California, Feb. 19, 2013.
Alison Yin | AP

Examine out the corporations earning headlines in prolonged trading.

Intel — The technology inventory jumped practically 6% as buyers cheered a return to profitability and far better-than-expected guidance. Intel projected 3rd-quarter altered earnings of 20 cents for every share, as opposed with estimates of 16 cents for every share, according to Refinitiv.

Ford — The car large additional 1% after raising comprehensive-year guidance and beating anticipations for the 2nd quarter. Ford described 72 cents in adjusted earnings for every share on $42.43 billion, whilst analysts surveyed by Refinitiv estimated 55 cents earned and $40.38 billion in profits.

Roku — Shares of the streamer sophisticated 8.5% subsequent a improved-than-expected quarterly report. The organization shed 76 cents per share in the next quarter, a narrower decline than the consensus estimate of $1.26 compiled by Refinitiv. Roku’s profits also came in improved than predicted, with the business submitting $847 million in opposition to a $775 million estimate.

Very first Photo voltaic — The solar inventory obtained 6.6% soon after solidly beating Wall Avenue anticipations in the 2nd quarter. Very first Photo voltaic acquired $1.59 for every share and saw $811 million in profits, although analysts surveyed by Refinitiv expected 96 cents acquired per share on $721 million of revenue.

Enphase Energy — Enphase tumbled 12% soon after the solar inventory gave a combined money report. The firm mentioned it earned $1.47 for each share, adjusted, forward of the $1.25 for every share approximated by analysts, for every Refinitiv. But profits missed the consensus estimate by $11 million, coming in at $711 million.

Sweetgreen — The salad chain slid 7% immediately after lacking earnings expectations for the 2nd quarter. The business claimed $153 million although analysts polled by Refinitiv forecast $157 million.

Dexcom — The clinical system inventory rose 2% soon after providing superior quarterly earnings and forward assistance than Wall Road predicted. The firm documented 34 cents earned for every share, excluding goods, on income of $871.3 million. Analysts polled by FactSet predicted 23 cents for each share and $841.2 million in income. Dexcom lifted comprehensive-12 months income direction to among $3.5 billion and $3.55 billion, when the average analyst predicted $3.5 billion.

T-Cellular — The telecommunications inventory shed 1.6% on a blended earnings report for the 2nd quarter. T-Cell attained $1.86 for every share, above the analyst consensus estimate of $1.69, for each Refinitiv. But earnings came in weaker than anticipated, with T-Cellular reporting $19.2 billion regardless of Wall Road forecasting $19.31 billion.

Boston Beer — Shares climbed 9% right after the alcoholic beverage business reaffirmed steerage for the full calendar year and gave a robust quarterly report. Boston Beer posted $4.72 in earnings for every share on $603 million in profits, whilst analysts polled by Refinitiv expected $3.43 for every share and $593 million in earnings.



Source

JPMorgan hired NOAA’s chief scientist to advise clients on navigating climate change
Finance

JPMorgan hired NOAA’s chief scientist to advise clients on navigating climate change

Key Points Sarah Kapnick started her career in 2004 as an investment banking analyst, but was struck by how little climate change was being factored into financial decision making. She later became the chief science officer at the National Oceanic and Atmospheric Administration (NOAA) Last year, JPMorgan hired Kapnick back into banking, where she’s advising […]

Read More
Daniel Loeb’s next task as his hedge fund turns 30: Avoiding becoming ‘AI roadkill’
Finance

Daniel Loeb’s next task as his hedge fund turns 30: Avoiding becoming ‘AI roadkill’

Daniel Loeb has found himself a new goal as his hedge fund Third Point entered its milestone 30th year: To be a true winner in the red-hot artificial intelligence boom and not run over by it. “Change is happening at an ever accelerating and increasing rate and it’s just going to require us to continue […]

Read More
Stocks making the biggest moves midday: Costco, Palantir, Gap, Ulta Beauty and more
Finance

Stocks making the biggest moves midday: Costco, Palantir, Gap, Ulta Beauty and more

Check out the companies making headlines in midday trading: Costco — The wholesaler gained more than 3% on fiscal third-quarter results that surpassed analysts’ estimates, while sales jumped 8% from the same period a year ago. Ulta Beauty — Shares of the beauty retailer skyrocketed nearly 13% to hit a 52-week high after the company […]

Read More