WD-40 stock slides as forecast overshadows earnings beat

WD-40 Co.

shares fell in the extended session Thursday after the maintenance and cleaning products company topped Wall Street estimates for the quarter but its earnings forecast for the year didn’t. WD-40 shares dropped as much as 4% after hours, closing the regular session virtually flat at $178.61. The company reported fiscal second-quarter net income of $16.5 million, or $1.21 a share, compared with $19.5 million, or $1.41 a share, in the year-ago period. Revenue rose to $130.

shares fell in the extended session Thursday after the maintenance and cleaning products company topped Wall Street estimates for the quarter but its earnings forecast for the year didn’t. WD-40 shares dropped as much as 4% after hours, closing the regular session virtually flat at $178.61. The company reported fiscal second-quarter net income of $16.5 million, or $1.21 a share, compared with $19.5 million, or $1.41 a share, in the year-ago period. Revenue rose to $130.

How long has that one been in your pocket?

Who gave this ?

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Crisis jolts Wall Street bankers already resigned to tough job marketWall Street bankers face an increasingly gloomy job market after last month's banking crisis worsened an already bleak outlook for pay and staffing. ❤️
La source: Reuters - 🏆 2. / 97 Lire la suite »