Pedestrians pass in front of the Ross Stores location in San Francisco.
Noah Burger | Bloomberg | Getty Images
Check out the companies that make headlines after Thursday’s bell:
Ross Stores — After Bell, retailers’ stock prices rose about 2% in long-term trading after first-quarter earnings were better than expected. According to Refinitiv, Ross reported quarterly earnings of $ 1.34 per share, with an estimate of $ 0.88. The company also reported revenue of $ 4.52 billion, which exceeded analysts’ forecast of $ 3.87 billion. Ross also announced a new $ 1.5 billion share buyback program by fiscal year 2022.
Home Depot — Hardware retailers’ stock prices rose about 0.7% in after-hours trading after the company announced a new $ 20 billion share buyback program. Home Depot also said it declared a cash dividend of $ 1.65 per share in the first quarter.The company was crushed First Quarter Revenue and Revenue Tuesday quote.
Cruise Inventory — Major Cruise Line Shares Rise After Bell carnival On Thursday afternoon, the three brands announced that they would resume their voyage in July. Carnival stocks rose 1.6%. Royal CaribbeanStock price rose 0.9%, Norwegian Cruise Line Equities rose 1.1% in expanded trading. Covid’s pandemic has devastated the cruise line industry with public health restrictions that impede the navigation of ships.
Palo Alto Networks — Cybersecurity stocks surged nearly 6% in long-term trading after hitting the top and bottom lines of the street. Palo Alto reported revenue of $ 1.38 per share, well above analysts’ expectations of $ 1.28 per share. The company also posted $ 1.07 billion in quarterly revenue, compared to analysts’ forecast of $ 1.06 billion.
Ross, Home Depot, Carnival, etc.
https://www.cnbc.com/2021/05/20/stocks-making-the-biggest-moves-after-hours-ross-home-depot-carnival-and-more.html Ross, Home Depot, Carnival, etc.