© Reuters After-hours movers: Salesforce, Okta gain following results and guidance
After-Hours Stock Movers:
Okta, Inc. (NASDAQ:) 10% HIGHER; reported Q2 EPS of $0.31, $0.09 better than the analyst estimate of $0.22. Revenue for the quarter came in at $556 million versus the consensus estimate of $534.67M. Okta, Inc. sees FY2024 EPS of $1.17-$1.20, versus the consensus of $0.91. Okta, Inc. sees FY2024 revenue of $2.21-2.22 billion, versus the consensus of $2.18B.
Five Below (NASDAQ:) 8% LOWER; reported Q2 EPS of $0.84, $0.01 better than the analyst estimate of $0.83. Revenue for the quarter came in at $759M versus the consensus estimate of $759.7M. Five Below sees Q3 2024 EPS of $0.17-$0.25, versus the consensus of $0.40. Five Below sees Q3 2024 revenue of $715-730M, versus the consensus of $737.8M. Five Below sees FY2024 EPS of $5.27-$5.55, versus the consensus of $5.58. Five Below sees FY2024 revenue of $3.5-3.57B, versus the consensus of $3.56B.
UGI Corporation (NYSE:) 7% HIGHER; announced that its Board of Directors has initiated a process to evaluate potential strategic alternatives with the intent to unlock and maximize shareholder value.
Salesforce (NYSE:) 6% HIGHER; reported Q2 EPS of $2.12, $0.22 better than the analyst estimate of $1.90. Revenue for the quarter came in at $8.6B versus the consensus estimate of $8.53B. Salesforce sees Q3 2024 EPS of $2.05-$2.06, versus the consensus of $1.83. Salesforce sees Q3 2024 revenue of $8.7-8.72B, versus the consensus of $8.66B. Salesforce sees FY2024 EPS of $8.04-$8.06, versus the consensus of $7.45. Salesforce sees FY2024 revenue of $34.7-34.8B, versus the consensus of $34.65B.
Victoria’s Secret & Co (NYSE:) 4% LOWER; reported Q2 EPS of $0.24, $0.03 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $1.43B versus the consensus estimate of $1.44B. Victoria’s Secret & Co. sees Q3 2024 EPS of ($0.70)-($1.00), versus the consensus of ($0.14). The Company is forecasting third quarter 2023 net sales to decrease in the low- to mid-single digit range compared to last year’s third quarter net sales of $1.318B.
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