Stocks making the biggest moves after hours: CVS Health, Nutanix, Palo Alto Networks and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Stocks making the biggest moves after hours: CVS Health, Nutanix, Palo Alto Networks & more

. The cyber-security company reported earnings of $1.05 per share excluding certain items on revenue of $772 million, exceeding the earnings of $1.03 per share and revenue of $768 million expected by analysts polled by Refinitiv.

Palo Alto's earnings outlook for the second quarter fell short of analyst forecasts. The company expects earnings between $1.11 and $1.13 per share, while analysts expected $1.30 per share in the quarter. Palo Alto's revenue outlook is in line with expectations, ranging between $838 million and $848 million, while analysts anticipate revenue of $845 million.

PVH also topped earnings forecasts, raising its outlook for the year to between $9.43 and $9.45 per share from its previous range of $9.30 to $9.40 per share. Analysts expect full-year earnings of $9.39 per share. "We believe the current holiday season will be very competitive and highly promotional, and expect that the macroeconomic and geopolitical volatility we are experiencing globally will remain a headwind," said CEO Emanuel Chirico in

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: TD Ameritrade, Charles Schwab, Tesla & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Global Stocks Gain as China Moves to Boost Intellectual Property RightsGlobal stocks rise after China said it would step up intellectual property protection and enforcement, a move that investors hope may address one of the key concerns for U.S. negotiators on the trade deal But are they?
Source: WSJ - 🏆 98. / 63 Read more »

These are the 10 stocks most loved by mutual fundsMutual fund returns bounced back modestly in recent months from their year-to-date lows, Goldman Sachs found.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks Are Finally Diverging After Trading in TandemAfter months of frequently trading together, shares of big U.S. companies have begun to diverge, more often rising or falling on fundamentals or company-specific news.
Source: WSJ - 🏆 98. / 63 Read more »