A close-up of the Workday logo on its headquarters in Pleasanton, California, on March 26, 2018.
Smith Collection | Archive Photos | Getty Images
Take a look at the companies making headlines in extended trading.
Working day — Stock in the workforce platform provider added more than 6% after third-quarter results beat Wall Street estimates. Workday noted adjusted earnings of $1.53 per share on $1.87 billion in revenue, while analysts polled by LSEG had expected $1.41 in earnings per share and $1.85 billion in revenue.
NetApp – The data infrastructure company climbed nearly 10% after a hit on the top and bottom line in the fiscal second quarter. The company reported adjusted earnings of $1.58 per share on revenue of $1.56 billion, while analysts polled by LSEG were expecting earnings of $1.39 per share on revenue of $1.53 billion. NetApp also issued higher-than-expected third-quarter revenue guidance.
Leslie’s — The stock in the swimming supplies company fell more than 16% after the company forecast a wider-than-expected loss for the first quarter. Leslie’s is calling for an adjusted loss of 21 cents to 20 cents per share, compared with analysts’ expectations for a loss of 16 cents per share, according to FactSet. Fourth quarter adjusted earnings were also below expectations.
Jabil – Shares fell more than 8% after the manufacturing solutions company issued a lower revenue forecast for the fiscal first quarter of 2024. The company now expects revenue in the range of $8.3 billion to $8.4 billion, down from a range of $8.4 billion to $9 billion. .
Las Vegas Sands – The casino operator slipped 3.5% after it announced that Miriam Adelson would sell $2 billion in shares. Adelson is the largest shareholder of Las Vegas Sands, and the funds will be used to buy a professional sports team, the company said in a regulatory filing.
Daily Journal – Shares of the Daily Journal are expected to be active. Charlie Munger, president and publisher of the Daily Journal and second in command at Berkshire Hathaway, died on Tuesday at the age of 99. Shares of the newspaper fell 4.5% during the regular session.
–CNBC’s Contessa Brewer and Darla Mercado contributed reporting.
(tagsTo Translate)Daily Journal Corp