Courtesy of Benzinga.
Shares of GameStop Corp. (NYSE: GME) surged 1.85 percent Thursday, ahead of the announcement of the company’s second-quarter financial results. After the results were released, the stock, which was rising after-hours more than 4 percent, fell about 0.39 percent, before returning close to the closing price of $46.18.
The videogame retailer reported earnings of $0.31 per share on revenue of $1.762 billion, ahead of guidance, which called for earnings of $0.23 per share and the Street’s consensus estimate of $0.24 per share and $1.727 billion.
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA), which was up 1.39 percent during the day, continued to climb after-hours, moving 4.75 percent.
The surge followed the earnings release, which the company reported EPS of $1.15 on sales of $877 million, beating the Street’s projection of $0.82 and $711.44 million, and even ahead of guidance of $1.10 and $861 million.
Autodesk, Inc. (NASDAQ: ADSK) also reported its quarterly financial results. After the company beat estimates on the earnings front, but missed expectations on the revenue and guidance fronts, the stock lost more than 5 percent, and closed the day trading around $47.44.
Another mover in the tech sector was Splunk Inc (NASDAQ: SPLK), up 5 percent after the bell, after it had returned 4.49 percent during the regular session.
Second-quarter earnings came in at $0.03 per share on revenue of $148.33 million, beating the Street’s consensus, which called for EPS of $0.02 and revenue of $140.48 million.
Posted-In: News After-Hours Center Movers
