Finance

Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores and more

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Check out the companies making headlines after hours: Intuit — Shares dropped roughly 6% even after the financial technology company reported fiscal fourth-quarter results that topped Wall Street’s expectations. Intuit reported adjusted earnings of $2.75 per share on revenue of $3.83 billion. Analysts polled by LSEG had expected earnings per share of $2.66 on revenue of $3.75 billion. Workday — The stock slid nearly 6%. The human resources software company said it sees third-quarter subscription revenue coming in at $2.24 billion, in line with analysts’ expectations, per StreetAccount. Third-quarter adjusted operating margin is expected to be 28.0%, just slightly below the StreetAccount consensus call for 28.1%. Ross Stores — Shares rose roughly 2% after Ross Stores reported second-quarter earnings of $1.56 per share, beating the LSEG earnings per share estimate of $1.54. On the other hand, revenue of $5.23 billion missed the $5.57 billion consensus estimate. Zoom Communications — Shares jumped 5% after Zoom Communications reported second-quarter results that exceeded expectations. The communications technology company reported adjusted earnings of $1.53 per share on revenue of $1.22 billion. Analysts polled by LSEG had expected earnings of $1.37 per share on revenue of $1.20 billion.

This article was originally published by a Cnbc.com. Read the Original article here. .

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