Welcome to Extreme Investor Network, where we bring you the latest updates on companies making headlines in the finance world. Today, we will be discussing some of the most recent stock movements in the extended trading session.
Ross Stores, a discount clothing store, saw its shares jump 7% after reporting first-quarter earnings of $1.46 per share on revenue of $4.86 billion. This beat analyst expectations of $1.35 per share and $4.83 billion in revenue.
On the other hand, Workday, an enterprise management company, pulled back 10% as its subscription revenue guidance fell short of Wall Street estimates. Despite this setback, Workday remains a strong player in the industry.
Intuit, the owner of TurboTax, experienced a 7% drop in share price following soft guidance for the current quarter. While fiscal third-quarter results exceeded expectations, the company’s forecast for the fourth quarter fell below analyst predictions.
Deckers Outdoor, a footwear company, saw its shares surge more than 7% after surpassing Wall Street estimates in the fiscal fourth quarter. With earnings of $4.95 per share on revenue of $960 million, Deckers continues to impress investors with its performance.
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