After-hours movers: lululemon jumps following earnings, Micron falls

After-Hours Stock Movers:

lululemon athletica (NASDAQ: LULU) 13% HIGHER; reported Q4 EPS of $4.40, $0.14 better than the analyst estimate of $4.26. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.7 billion. lululemon athletica sees Q1 2024 EPS of $1.93-$2.00, versus the consensus of $1.64. lululemon athletica sees Q1 2024 revenue of $1.89-1.93 billion, versus the consensus of $1.85 billion. lululemon athletica sees FY2024 EPS of $11.50-$11.72, versus the consensus of $11.26. lululemon athletica sees FY2024 revenue of $9.3-9.41 billion, versus the consensus of $9.14 billion.

N-able Inc. (NYSE: NABL) 9% HIGHER; will replace iStar Inc. (NYSE: STAR) in the S&P SmallCap 600.

Progress Software Corporation (NASDAQ: PRGS) 4% LOWER; reported Q1 EPS of $1.19, $0.14 better than the analyst estimate of $1.05. Revenue for the quarter came in at $165.6 million versus the consensus estimate of $151.73 million. Progress Software Corporation sees FY2023 EPS of $4.09-$4.17, versus the consensus of $4.14. Progress Software Corporation sees FY2023 revenue of $680-688 million, versus the consensus of $679.4 million. Progress Software Corporation sees Q2 2023 EPS of $0.88-$0.92, versus the consensus of $0.99. Progress Software Corporation sees Q2 2023 revenue of $168-172 million, versus the consensus of $169 million.

Cal-Maine Foods (NASDAQ: CALM) 4% HIGHER; reported Q3 EPS of $6.62, $1.84 better than the analyst estimate of $4.78. Revenue for the quarter came in at $997.5 million versus the consensus estimate of $873.39 million.

Micron Technology (NASDAQ: MU) 1% LOWER; reported Q2 EPS of ($1.91), may not compare to the analyst estimate of ($0.66). Revenue for the quarter came in at $3.69 billion versus the consensus estimate of $3.74 billion. Inventory write-downs of $1.43 billion, impact of $1.34 per diluted share. Micron Technology sees Q3 2023 EPS of ($1.51)-($1.65), versus the consensus of ($0.90). Micron Technology sees Q3 2023 revenue of $3.5-3.9 billion, versus the consensus of $3.7 billion.

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