May 27, 2024


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Big stock movement after hours: PANW, URBN, INTU, TOL

Big stock movement after hours: PANW, URBN, INTU, TOL

Construction workers build the Toll Brothers home in Boca Raton, Florida.

Joe Riddle | Getty Images

Check out which companies are making headlines in extended trading.

Palo Alto Networks Shares rose 3.5% after the company’s earnings and fiscal revenue beat estimates in the third quarter. The cybersecurity company reported adjusted earnings of $1.10 per share on revenue of $1.72 billion. Analysts polled by Refinitiv estimated earnings of 93 cents per share and $1.71 billion in revenue. The company’s earnings guidance for the fiscal fourth quarter also beat expectations.

Urban Outfitters — The clothing retailer’s inventory rose 6%. Urban Outfitters reported earnings of 56 cents a share in the first quarter. Analysts had expected earnings of up to 35 cents per share, according to Refinitiv. Revenue also beat expectations, with the company reporting $1.11 billion versus consensus estimates of $1.09 billion.

Agilent Technologies Shares of the laboratory technology company fell more than 6%. Agilent reported outperforming earnings and revenue in its fiscal second quarter, according to Refinitiv. Guidance on earnings and revenue in the fiscal third quarter was lower than expected.

Intuit – Shares of the tax software company fell more than 5%. While Intuit’s fiscal third-quarter earnings beat estimates, revenue fell short of expectations, according to Refinitiv. The company’s earnings forecasts for the current quarter were also lower than analysts expected.

Toll Brothers — Shares gained more than 3% after the company’s fiscal second-quarter earnings and revenue beat analyst estimates. The company said the increase in demand that began in January continued into the beginning of the third quarter.

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VF Corp — Shares of the apparel company jumped 2% in extended trade. VF, whose brands include Smartwool and The North Face, reported adjusted earnings of 17 cents per share on revenue of $2.74 billion during its fiscal fourth quarter. Analysts were calling earnings of 14 cents per share on revenue of $2.73 billion, according to Refinitiv.