Stocks with the biggest changes after hours: NVDA, SNOW, etc
Check out the companies making headlines in extended trading: Nvidia – The artificial intelligence darling fell nearly 2% despite exceeding expectations in the third quarter and providing strong guidance. Nvidia posted adjusted earnings per share of 81 cents and revenue of $35.08 billion. Analysts surveyed by LSEG expected earnings per share of 75 cents and revenue of $33.16 billion. Snowflake – The cloud stock rose 18% after beating third-quarter earnings expectations and providing strong guidance. Snowflake posted adjusted earnings of 20 cents per share on revenue of $942 million, while analysts surveyed by LSEG predicted earnings per share of 15 cents and revenue of $897 million . Palo Alto Networks – Cybersecurity stock drops 5%. Palo Alto announced a 2:1 stock split. The company issued second-quarter financial guidance, calling for adjusted earnings of $1.54 to $1.56 per share on revenue of $2.22 billion to $2.25 billion. That was roughly in line with Street forecasts for earnings of $1.55 per share and revenue of $2.23 billion per FactSet. Jack in the Box – Restaurant chain plunged 5.6% after fiscal fourth-quarter revenue came in at $349.3 million, according to a consensus forecast of $356.7 million from analysts visited by FactSet probe. Jack in the Box, on the other hand, earned $1.16 per share, excluding items, 7 cents above what Wall Street set.
