Check out the companies that make headlines after hours.
Nvidia — Nvidia stock rose 19% in after-hours trading. The semiconductor maker delivered better-than-expected earnings guidance for the second quarter of the fiscal year, while simultaneously reporting better revenue and bottom line earnings for the first quarter of the fiscal year. The stock has already more than doubled this year.
snowflake — Snowflake fell 11% after hours. According to StreetAccount, the cloud computing company underperformed its second quarter product revenue guidance. Snowflake beat analyst expectations for first-quarter profit and revenue, according to Refinitiv.
american eagle outfitters — Stock fell 15% after American Eagle Outfitters said it expects second-quarter sales to fall in the low single digits instead of growing 1.6%, according to Refinitiv consensus forecasts bottom. The clothing retailer reported a mixed quarter, with earnings per share matching expectations but sales beating expectations.
Guess? — Shares surged 3% as apparel companies increased their dividends and boosted full-year earnings and earnings forecasts.
elf beauty — Elf Beauty shares rose 10% in after-hours trading. The cosmetics company reported better-than-expected earnings on both sales and bottom line in its fourth quarter results. The company reported sales of $187 million and adjusted earnings of 42 cents per share. Analysts polled by Refinitiv had expected earnings of 20 cents a share and revenue of $156 million.
