Buzz Updates Hottest after-hours shares: Zoom, Urban Outfitters, Dell

Buzz Updates Hottest after-hours shares: Zoom, Urban Outfitters, Dell

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Buzz Update Hottest after-hours shares: Zoom, Urban Outfitters, Dell

Zoom (ZM): The corporate reduce its income forecast for the fourth quarter and entire 12 months, sending stocks down greater than 4% in prolonged buying and selling. Zoom forecasts fourth-quarter income of $1.10 billion to $1.11 billion, underneath Wall Street’s estimate of $1.12 billion. Zoom forecasts annual income of $4.37 billion to $4.38 billion, less than its earlier forecast of $4.39 billion to $4.40 billion. For the 0.33 quarter, Zoom reported adjusted profits of $1.07 according to proportion on income of $1.10 billion.

Urban Outfitters (URBAN): The store’s third-quarter gross sales beat estimates, pushing stocks upper after hours buying and selling. Sales for the three-month length rose 3.9% from a 12 months in the past to a report $1.18 billion. Same-store retail phase gross sales greater 4%, double analysts’ estimates of two% expansion. CEO Richard Hayne famous that call for seems robust for the present quarter, writing within the corporate’s press liberate “As we manner the all-important Black Friday/Cyber ​​Monday weekend, we’re inspired by means of gross sales for the reason that starting of the quarter.”

Dell (Dell): The corporate posted better-than-expected third-quarter profits on each income and profits, however fourth-quarter steerage weighed on stocks in prolonged buying and selling. Dell forecasts fourth-quarter income of $23 billion to $24 billion, underneath the Street estimate of $24.87 billion.

For the 0.33 quarter, adjusted profits have been $2.30 according to proportion on income of $24.72 billion.

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