Stocks making the biggest moves after hours: American Eagle, Zoom, Marvell and more

Check out the companies making headlines after the bell.

American Eagle Outfitters — The caparisoning retailer’s stock was up 5% in extended trading after the company posted fourth-quarter financial results that dead beat analysts’ estimates. American Eagle reported revenue of $1.31 billion, while analysts polled by Refinitiv awaited $1.27 billion. The company said it had earnings of 37 cents per share excluding some items, which was reduce above analysts’ estimates of 36 cents per share, according to Refinitiv. The retailer also offered guidance for the to begin quarter that was in line with analysts’ estimates. American Eagle said it expected earnings of 20 to 22 cents per deal, while analysts polled by Refinitiv estimated 21 cents per share. “Our healthy brands and strong balance surface position us well to compete in today’s market and we are excited to build upon our strengths and seize the many opportunities to the fore,” Chairman and CEO Jay Schottenstein said in a statement. 

Zoom Video — The video conferencing service’s stock dipped 4% in granted trading despite exceeding analysts’ expectations on both earnings and revenue in the fourth quarter. The company said it had earnings of 15 cents per appropriate excluding some items on revenue of $188.3 million, while analysts polled by Refinitiv estimated earnings of 7 cents per interest on revenue of $176.5 million. The company has done well in the midst of the coronavirus outbreak and seen record usage as innumerable companies turn to remote meetings. “I had to shut down my phone, because, actually, almost everyone is calling us,” Zoom CEO Eric Yuan told CNBC at the rear month.

Splunk — The software developer’s stock plunged as much as 15% in extended trading after the company made weak guidance on revenue for the first fiscal quarter and full fiscal year of 2021. The share price in a wink returned near Wednesday’s $155.40 closing price. Splunk said it expects revenue of $450 million for the first off fiscal quarter of 2021, while analysts estimated $526 million, according to Refinitiv. For the fiscal year, the players estimates revenue of $2.60 billion, while analysts polled by Refinitiv expected $2.88 billion. Splunk also mistook earnings estimates in the fourth quarter. The company reported earnings of 96 cents per share excluding some jottings, while analysts expected 97 cents per share. However, the company beat on expectations for revenue. Splunk write up fourth-quarter revenue of $791 million, while analysts expected $783 million, according to Refinitiv. 

Guidewire Software Inc — The software train’s stock sunk 12% in extended trading after Guidewire CEO Mike Rosenbaum said in a statement that “becoming interest in cloud-based systems is dampening self-managed demand, impacting our full-year outlook.” The company offered weak regulation on earnings for the third quarter, estimating a loss of 41 cents per share. Analysts polled by Refinitiv expected a profit of 22 cents per share out. However, the company did beat on earnings estimates for the second quarter, posting earnings of 21 cents per share, while analysts wait for 13 cents per share, according to Refinitiv. 

Marvell Technology Group — Shares of the semiconductor company saw its stock gap 10% in extended trading after the company posted a double beat on earnings and revenue in the fourth quarter. The associates reported earnings of 17 cents per share excluding some items on revenues of $718 million, while analysts registered by Refinitiv expected 16 cents per share on revenue of $711 million. However, the company did say in a statement that direction for the first quarter of fiscal 2021 includes a reduction in revenue of approximately 5% to reflect the impact of the coronavirus.