After-Hours Movers: Cisco, NVIDIA Gain Following Earnings
After-Hours Stock Movers:
Bath & Body Works, Inc. (NYSE: BBWI) 23% HIGHER; reported Q3 EPS of $0.40, $0.20 better than the analyst estimate of $0.20. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.56 billion. Bath & Body Works, Inc. sees Q4 2023 EPS of $1.45-$1.65, versus the consensus of $1.55.
Tenaya Therapeutics, Inc. (Nasdaq: TNYA) 17% LOWER; intends to offer and sell $75 million of shares of common stock in an underwritten public offering.
Cisco Systems (NASDAQ: CSCO) 3% HIGHER; reported Q1 EPS of $0.86, $0.02 better than the analyst estimate of $0.84. Revenue for the quarter came in at $13.6 billion versus the consensus estimate of $13.29 billion. Cisco Systems sees Q2 2023 EPS of $0.84-$0.86, versus the consensus of $0.85. Revenue: 4.5% to 6.5% growth year over year Cisco Systems sees FY2023 EPS of $3.51-$3.58, versus the consensus of $3.53. Revenue: 4.5% to 6.5% growth year over year.
Sonos (NASDAQ: SONO) 3% HIGHER; reported Q4 EPS of ($0.32), $0.11 better than the analyst estimate of ($0.43). Revenue for the quarter came in at $316.3 million versus the consensus estimate of $306.13 million. Sonos sees Q1 2023 revenue of $1.7-1.8 billion, versus the consensus of $1.73 billion. Announces $100 million stock buyback plan.
NVIDIA (NASDAQ: NVDA) 1% HIGHER; reported Q3 EPS of $0.58, $0.13 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $5.93 billion versus the consensus estimate of $5.8 billion. NVIDIA sees Q4 2023 revenue of $6 billion, versus the consensus of $6.09 billion.
