Stocks making the biggest moves after hours: Salesforce, Ulta Beauty, HP and more

Finance

In this article

Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021.
David Paul Morris | Bloomberg | Getty Images

Check out the companies making headlines after the bell

Salesforce — Salesforce shares jumped 5% in extended trading after the cloud-based software company posted better-than-expected first-quarter earnings results. Salesforce reported adjusted earnings of $1.21 per share, topping analysts’ estimate of 88 cents per share, according to Refinitiv. The company also raised its fiscal year revenue guidance range to $26 billion at the high end.

Ulta Beauty — Shares of the beauty store chain gained about 5% in after-hours trading after the company reported blowout first-quarter earnings results. Ulta’s adjusted earnings of $4.07 per share were more than double Wall Street’s expectation of $1.95 earnings per share, according to Refinitiv. The retailer reported $1.94 billion in revenue, compared with analysts’ $1.64 billion projection. The company’s comparable sales increased 65.9% versus analysts’ 40.1% estimate.

HP — The tech company’s stock fell more than 5% in after-hours trading, despite HP beating the Street on its top and bottom lines in its second quarter. HP reported earnings of 93 cents per share on revenue of $15.88 billion, topping analysts’ estimates by 4 cents per share and revenue expectations of $15.02 billion, according to Refinitiv.

Dell — Shares of the computer company rose about 3% during extended trading, then erased those gains despite Dell reporting better-than-expected first-quarter financial results. Dell posted earnings of $2.13 per share on $24.5 billion in revenue, compared with analysts’ projection of $1.61 per share in earnings and $23.4 billion in revenue, according to Refinitiv.

— CNBC’s Tanaya Macheel contributed to this report.

Articles You May Like

Family offices become prime targets for cyber hacks and ransomware
These home remodeling projects offer the highest return on investment in history, report finds
Refinancing student debt is risky amid Biden forgiveness push. Borrowers ‘forever lose access’ to safety nets, advocates say
1 in 3 millennials, Gen Zers plan to tap into retirement savings to buy a home. They ‘really shouldn’t,’ advisor says
Frontier Airlines does away with change fees in budget airline pricing overhaul