After-Hours Stock Movers 05/20: (UONE) (RFIL) (DECK) Higher; (PLUS) (MAXN) (AMH) Lower (more...)
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Palo Alto Networks (PANW) Gains After Beating Q3 Views, Analyst Sees 'Bargain Valuation'
May 21, 2021 9:05 AM EDTShares of Palo Alto Networks (NASDAQ: PANW) are trading about 6% higher in early trading Friday after the company reported healthier-than-expected Q3 earnings and guidance.
The security hardware and software company posted adjusted earnings of $1.38 per share, compared to $1.28 per share expected by analysts, according to Refinitiv. Revenue came in at $1.07 billion, up from the expected $1.06 billion.
On an annualized basis, revenue climbed 24% in the second quarter which ended on April 30, and up 25% from the previous quarter. During the period, Palo Alto Networks bought a cloud security company Bridgecrew for $156 million.
"The... More
Deckers (DECK) Soars After Delivering a Blowout Quarter, Analysts Raise PTs as 'More to Come'
May 21, 2021 8:33 AM EDTShares of Deckers Brands (NYSE: DECK) are up 6% in pre-open trading Friday after the company delivered stronger-than-expected Q4 results.
The company made $33.5 million in the quarter, or $1.18 per share, beating analysts' expectations of 58 cents per share. Revenue came in at $561.2 million in Q4, also above analysts forecast of $438.1 million.
For the full fiscal year, Deckers reported a profit of $382.6 million, or $13.47 per share on revenue of $2.55 billion. The footwear designer said it expects full-year earnings to land between $14.05 and $14.65 per share, with revenue in the range of $2.95 billion to $3... More
Palo Alto Networks (PANW) PT Raised to $420 at Jefferies
May 21, 2021 7:35 AM EDTJefferies analyst Brent Thill raised the price target on Palo Alto Networks (NYSE: PANW) to $420.00 (from $400.00) while maintaining a Buy rating.
... MoreAmerican Homes 4 Rent (AMH) Prices 16.3M Share Class A Upsized Common Offering
May 21, 2021 5:49 AM EDTAmerican Homes 4 Rent (NYSE: AMH) (the "Company") today announced that it has priced an underwritten public offering of 16,300,000 of its Class A common shares of beneficial interest, $0.01 par value per share ("Class A common shares"), of which 5,500,000 shares were offered directly by the Company, and 10,800,000 shares were offered, at the request of the Company, by the forward purchasers (as defined below) or their respective affiliates in connection with the forward sale agreements described below. The underwriters have been granted a 30-day option to purchase an aggregate of up to an additional 2,445,000 Class A... More

