Stocks Making the Biggest Moves by the Hour: Nordstrom, Urban Outfitters, and More
A person walks into the Nordstrom store, which is open for business, as New York City re-opens Phase 2 after restrictions to contain the coronavirus pandemic were put in place in New York, New York on June 29, 2020.
Rob Kim | Getty Images
Check out the companies that are making headlines after the bell:
Nordstrom – The retail stock fell around 7% in after-hours trading after the analysts lacked earnings expectations for the first quarter. Nordstrom reported a quarterly loss of $ 1.05 per share, while analysts expected a loss of 57 cents per share, according to Refinitiv. The company’s quarterly revenue of $ 3.01 billion surpassed the Street’s forecast of $ 2.9 billion.
Urban Outfitters – The retailer’s shares rose about 6% in expanded trading after reporting better-than-expected quarterly results. Urban Outfitters posted earnings of 54 cents per share in the first quarter, beating analysts’ estimate of 17 cents per share. The company had sales of $ 927.4 million, exceeding Wall Street’s expectations of $ 900.1 million.
Zscaler – The security company’s stock rose 8% after hours after third quarter results turned out better than expected. Zscaler reported earnings of 15 cents per share versus 7 cents per share and revenue of $ 176.4 million, which is over $ 163.7 million estimated by analysts surveyed by Refinitiv.
Agilent Technologies – Manufacturing inventories rose about 3% in after-hours trading after posting adjusted earnings of 97 cents per share in the second quarter, compared to the Street’s estimate of 83 cents per share, according to Refinitiv. Agilent’s quarterly revenue also exceeded analysts’ forecast of $ 1.5 billion versus an expected $ 1.4 billion.