Thursday, March 28, 2024
Homemarket insiderAfter-hours buzz: Gap, Mylan, Splunk & More

After-hours buzz: Gap, Mylan, Splunk & More

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

GapThe apparel company posted fourth-quarter earnings per share of 68 cents on $4.58 billion in revenue. Analysts had estimated EPS of 66 cents on $4.6 billion in sales. But the company said it expects unfavorable currency exchange rates will dent its 2014 profit. Its shares were off 1.1 percent in extended-hours trading.

Ross Stores – The off-price apparel chain reported fourth-quarter earnings per share of $1.02 on $2.74 billion in revenue, compared with estimates for EPS of $1.02 on $2.745 billion in sales. It offered guidance below Wall Street expectations. Its shares fell 0.4 percent in after-hours trading.

Mylan – The pharmaceutical company posted fourth-quarter earnings per share of 78 cents, excluding items, on $1.81 billion in revenue, versus estimates for EPS of 75 cents on $1.807 billion in revenue. Its shares rose 0.2 percent in extended-hours trading.

Splunk – The data-analytics software company reported a wider fourth-quarter loss as expenses nearly doubled, with its shares declining 1.6 percent after the bell on Thursday.

Salesforce.com – The cloud-computing company reported fourth-quarter earnings per share of 7 cents, excluding items, on revenue of $1.15 billion, versus expectations for EPS of 6 cents on $1.13 billion in sales. It projected first-quarter EPS of 9 cents to 10 cents versus a 10-cent estimate. Its shares were down 0.7 percent in after-hours trading.

Deckers Outdoor – The maker of UGG footwear's shares were hit in extended-hours trading after it issued weak first-quarter guidance.

—By CNBC's Kate Gibson.

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

RELATED ARTICLES
- Advertisment -

Most Popular