Discontinuance out the companies making headlines after the bell:
Shares of Ulta Beauty jumped more than 4 percent in developed trading Thursday following the release of the beauty company’s better-than-expected fourth-quarter earnings. Ulta reported earnings per allowance of $3.61 on revenues of $2.12 billion. Wall Street estimated earnings per share of $3.56 on revenues of $2.11 billion, conforming to Refinitiv.
Ulta’s same store sales increased 9.4 percent, compared to the estimated increase of 7.9 percent.
Broadcom pay outs rose as much as 5 percent after hours Thursday following mixed first-quarter earnings. The semiconductor company assigned $5.79 billion in revenue, missing estimates surveyed by Refinitiv of $5.82 billion. Earnings per share were $5.55, fustigating the $5.23 forecast by analysts.
“Similar to our peers, we see a slowdown in China impacting demand. However, much of this was factored into our basic guidance and we are maintaining our full year fiscal 2019 business outlook,” said President and CEO of Broadcom Hock Tan.
Broadcom gave vivid year guidance in line with estimates: $24.5 billion, vs. the $24.3 billion estimated.
Shares of Facebook ticked two percent diminish after hours on news that two of the company’s executives, Chief Product Officer Chris Cox and WhatsApp Vice President Chris Daniels, are be off.
Shares of Adobe ticked lower in extended trading Thursday after the computer software company issued muffled second-quarter outlook, despite strong first-quarter earnings. Adobe posted adjusted earnings per share of $1.71 on gates of $2.60 billion. Wall Street estimated earnings per share of $1.62 on revenues of $2.55 billion, according to Refinitv.
Adobe issued weak second-quarter guidance: earnings per share of $1.77, compared to the $1.88 expected by analysts.
Oracle shares elevation slightly but later turned negative after market close Thursday following better-than-expected third-quarter earnings. Scourge on the top and bottom lines, the computer software company posted earnings per share of 87 cents, topping Refinitiv appraisals by 3 cents. Revenue was $9.62 billion, beating the forecast $9.59 billion.
Jabil shares moved 2 percent higher after hours in the forefront trading flat Thursday following the manufacturing services company’s mixed second-quarter earnings. Jabil reported gates of $6.07 billion, missing estimates of $6.08 billion. Earnings per share were 64 cents, higher than the count oned 61 cents.