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Urban Outfitters shares jumped more than 3 percent for hours trading, but later was negative, tumbling more than 4 percent on mixed quarterly results. Earnings per share were 83 cents, topping estimates of 79 cents.
The holding was negative after commenting on the conference call.The company's finance director, Frank Conforti, said the company's sales have started the year weaker than expected, he also said that the same-store retail segment could be flatter to the first-quarter negative, as well as on the conversation that fourth-quarter traffic was negative in North America and Europe, with Europe experiencing major traffic challenges.
Urban Outfitters reported sales and same stores sales last year. The retail company achieved $ 1[ads1].13 billion in revenue, missing estimates of 1.14 dollars. leaves a ticket on. The same store revenue increased by 3 per cent, while analysts estimate an increase of 4.5 per cent.
Shares in the NIO refueled more than 8 percent in extended trading after the Chinese electric car manufacturer released the fourth-quarter result and discovered a decline in vehicle deliveries.
"Deliveries of ES8 in January and February 2019 were 1,805 and 811 vehicles, respectively, reflecting a larger than expected slowdown in monthly deliveries compared to December 2018," according to the company's release. The NIO said the decline was mainly due to an acceleration of deliveries at the end of last year, the seasonal decline in the beginning of the new year, and macroeconomic conditions in China, especially in the automotive industry.
Shares of Ross Stores crossed more than 3 percent lower in extended trading Tuesday following the issuance of weak first-quarter guidance, despite strong fourth-quarter earnings. Turns on the top and bottom line, the company achieved earnings per share of $ 1.20 on revenue of $ 4.11 billion. Wall Street expected earnings per share of $ 1.13 on revenue of $ 4.05 billion, according to Refinitiv.
Rosss same store sales increased by 4 per cent, which increased the estimates by an increase of 2.3 per cent. Stocks moved lower based on weak first quarter earnings per share guidance: between $ 1.05 and $ 1.11, compared to the $ 1.18 forecast.
AeroVironment Stocks increased more than 9 percent after market Tuesday based on better than expected third parties. quarterly earnings. The airline reported earnings per share of 35 cents, beating the forecast 14 cents. Revenue was in line with estimates of $ 75.3 million.
Ambarella shares jumped over 8 percent after hours after the fourth quarter earnings record. The semiconductor company achieved revenue of $ 51.1 million, topping estimates of $ 50.9 million. Earnings per share hit 14 cents, compared to the 4 cents expected by analysts.
Shares in United Natural Foods shot up as much as 5 percent in extended trading after the release of its better than expected result in the second quarter and strong full-year guidance. The food business had a revenue of 44 cents on revenues of $ 6.1 billion. Analysts assume earnings of $ 22 billion on revenue of $ 6 billion.
United Natural Foods issued strong 2019 guidance. It forecasts full-year earnings per share between $ 2.00 and $ 2.40, compared to estimated $ 1.17. The company sees 2019 revenue between $ 21.5 and $ 22.0 billion, in line with the expected $ 21.4 billion. The company's stock later rolled over and dipped slightly negatively after hours.