Signage exterior Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, Might 13, 2021.
David Paul Morris | Bloomberg | Getty Pictures
Take a look at the businesses making headlines after the bell:
Palo Alto Networks — Shares of the software program inventory popped greater than 7% after earnings and income for the current quarter surpassed Wall Avenue’s expectations, in line with Refinitiv. Palo Alto Community’s earnings steerage for its fiscal third quarter additionally got here in above consensus expectations.
Coinbase — Shares of the crypto buying and selling platform have been final up 3%. The corporate beat analysts’ expectations on the highest and backside strains, in line with Refinitiv.
Toll Brothers — The homebuilding inventory added 2% in prolonged buying and selling following a better-than-expected earnings report. The corporate additionally stated it has seen an increase in demand because the begin of 2023.
Caesars Leisure — The on line casino large’s shares slipped 1% after the corporate posted a internet loss on a GAAP foundation of $148 million within the fourth quarter. Within the year-ago interval, Caesars reported a internet lack of $434 million.
Tenting World — Tenting World shares fell 2% after the bell. The leisure car retailer reported a lack of 20 cents a share for the fourth quarter, excluding gadgets. Analysts forecasted earnings of two cents per share, in line with FactSet.
CoStar Group — The industrial actual property inventory plummeted almost 15% after sharing steerage for the present quarter that fell in need of estimates, in line with StreetAccount. The transfer in shares got here regardless of a fourth-quarter beat on each the highest and backside strains.
Transocean — Shares of the offshore drilling firm fell 2.9% in prolonged buying and selling after it posted a fourth quarter loss that was bigger than analysts anticipated, in line with FactSet.
La-Z-Boy — The furnishings inventory added 6% in prolonged buying and selling after topping analysts’ estimates for earnings and income within the current quarter, in line with FactSet. La-Z-Boy posted adjusted earnings of 91 cents a share, excluding gadgets, on $572.7 million in income.
Hostess Manufacturers — Shares of the maker of Twinkies gained greater than 1%. Hostess Manufacturers topped Wall Avenue’s income and earnings expectations for the fourth quarter, in line with FactSet.
— CNBC’s Darla Mercado contributed reporting
