Finance

Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Synopsys

Products You May Like

In this article

A man passes under a Cisco logo at the Mobile World Congress in Barcelona, Spain February 25, 2019.
Sergio Perez | Reuters

Check out the companies making headlines after the bell

Cisco Systems — Shares of the networking company sank nearly 13% after hours as the company forecasted a surprising decline in revenue for the current quarter. Cisco also missed revenue expectations in its fiscal third quarter. The company posted an adjusted profit of 87 cents per share versus the Refinitiv consensus estimate of 86 cents per share.

Bath & Body Works — The retailer saw shares fall more than 5% in extended trading after forecasting lower-than-expected second-quarter earnings. Bath & Body Works did, however, beat Wall Street estimates on the top and bottom lines in its first quarter. The company posted earnings of 64 cents per share on revenue of $1.45 billion. Analysts were expecting earnings of 53 cents per share on revenue of $1.43 billion, according to Refinitiv.

Synopsys — The software stock rose 4% in after-hours trading after the company reported3an earnings beat. The company posted an adjusted quarterly profit of $2.50 per share on revenue of $1.28 billion. Analysts surveyed by StreetAccount were expecting a profit of $2.37 per share on revenue of $1.26 billion.

Products You May Like

Articles You May Like

Pfizer says its experimental drug for deadly condition that causes appetite and weight loss in cancer patients shows positive trial results
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
Windfall Profit Taxes in Europe, 2024
Jeep CEO enacts turnaround plan after significant sales declines
Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

Leave a Reply

Your email address will not be published. Required fields are marked *