After-hours movers: DLocal gains on new co-CEO, Mercury Systems falls following results
After-Hours Stock Movers:
DLocal Limited (NASDAQ: DLO) 33% HIGHER; Appoints former MercadoLibre CFO Pedro Arnt as Co-CEO. Reports 2023 Second Quarter Financial Results
Mercury Systems (NASDAQ: MRCY) 11% LOWER; reported Q4 EPS of $0.11, $0.41 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $252.3 million versus the consensus estimate of $278.81 million. Mercury Systems sees FY2024 EPS of $1.14-$1.48, versus the consensus of $1.74. Mercury Systems sees FY2024 revenue of $950-1000 million, versus the consensus of $1050 million.
CAVA Group, Inc. (NYSE: CAVA) 9% HIGHER; reported Q2 EPS of $0.21, $0.23 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $172.9 million versus the consensus estimate of $163.19 million.
Stride Inc. (NYSE: LRN) 9% HIGHER; reported Q4 EPS of $1.01, $0.14 better than the analyst estimate of $0.87. Revenue for the quarter came in at $483.49 million versus the consensus estimate of $460.6 million.
H&R Block (NYSE: HRB) 6% HIGHER; reported Q4 EPS of $2.05, $0.17 better than the analyst estimate of $1.88. Revenue for the quarter came in at $913 million versus the consensus estimate of $1.01 billion. H&R Block sees FY 2024 EPS of $4.10-$4.30, versus the consensus of $4.01. H&R Block sees Q1 2024 revenue of $3.53-3.85 billion, versus the consensus of $3.56 billion. The company also declared a quarterly dividend of $0.32 per share, or $1.28 annualized. This is up 10% from its prior dividend of $0.29 per share.
