Friday, March 1, 2024
Homemarket insiderAfter-hours buzz: Alcoa, Gap, Sears Holding & More

After-hours buzz: Alcoa, Gap, Sears Holding & More

Check out which companies are making headlines after the bell Thursday:

Alcoa – The aluminum producer reported fourth-quarter earnings per share of 4 cents, excluding items, on revenue of $5.59 billion. That compares to estimates of earnings per share of 6 cents on revenue of $5.34 billion. Its shares declined in after-hours trade.

Sears Holding – The retailer's shares dropped sharply after it

Five Below – It projected fourth-quarter adjusted earnings per share of 44 cents to 46 cents on revenue of $208 million to $210 million, versus estimates of earnings per share of 51 cents on revenue of $218 million. It blamed adverse weather in the northeast and northwest. Its shares were down nearly 12 percent in after-hours trade.

Abercrombie & Fitch – Shares rallied in after-hours trade after it raised its full-year earnings per share guidance to $1.55 to $1.65, versus a $1.47 estimate.

Gap – After announcing holiday sales results, the clothing retailer said it was comfortable delivering at the high end of its full-year earnings per share guidance of $2.57 to $2.65 for fiscal 2013. Its shares rose in extended-hours trading.

PriceSmart – The operator of membership-shopping warehouses posted first-quarter results that came in light on profits. Its shares dropped in after-hours trade.

Shoe Carnival – The retailer projected fourth-quarter earnings per share of 3 cents to 6 cents on revenue of $203 million to $205 million, versus estimates of earnings per share of 21 cents on $217 million in revenue. Its shares fell sharply in after-hours trade.

—By CNBC's Kate Gibson.

Questions? Comments? Email us at marketinsider@cnbc.com

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