Shares Making The Greatest Strikes After Hours: Hole, Nordstrom, Dell Applied sciences & Extra
A person walks into the Nordstrom store, which is open for business, as New York City re-opens Phase 2 after restrictions to contain the coronavirus pandemic were imposed in New York, New York on June 29, 2020.
Rob Kim | Getty Images
Check out the companies making headlines on Tuesday after work:
HP Inc. – The computer hardware maker's shares rose more than 7% in after-hours trading on stronger-than-expected quarterly results. HP Inc. had earnings of 62 cents per share on sales of $ 15.26 billion. According to Refinitiv, analysts expected earnings of 52 cents per share on sales of 14.72 billion US dollars. The company also issued a better than expected earnings forecast for the first quarter of the fiscal year.
Gap – Gap reported disappointing quarterly results after the bell, dropping the retailer's shares by more than 6%. The company earned 25 cents per share in the previous quarter, while analysts surveyed by Refinitiv forecast earnings of 32 cents per share.
Nordstrom – Nordstrom shares were up 4.4% despite disappointing third-quarter sales. Nordstrom announced that revenue for the quarter was $ 3.09 billion, just below a refinitive estimate of $ 3.1 billion. Nordstrom also reported earnings per share of 34 cents, but CNBC was unable to determine whether that figure was comparable to a refinitive forecast.
Dell Technologies – Dell Technologies reported third-quarter earnings and sales that exceeded analyst expectations and increased the computer maker's stock by nearly 2%. Dell made $ 2.03 per share on sales of $ 23.48 billion. According to Refinitiv, analysts had forecast earnings per share of USD 1.40 on sales of USD 21.85 billion. The company also had sales for its subscription and Software as a Service (SaaS) that beat estimates.
American Eagle Outfitters – American Eagle Outfitters was down more than 3% on mixed results for the third quarter. The retailer earned 35 cents per share, beating a forecast of 34 cents per share. The company's sales were expected to be $ 1.03 billion.