After-hours movers: Broadcom, lululemon, Costco and more
After-hours movers:
Broadcom (NASDAQ: AVGO) rose 3% after it published strong quarterly results and guidance. Revenue was $18,015 million for the fourth quarter, up 28% from the prior year period.
Costco (NASDAQ: COST) fell 0.8% after it reported quarterly revenue that was in-line with consensus. Net sales for the first quarter increased 8.2 %, to $65.98 billion from $60.99 billion last year.
lululemon athletica (NASDAQ: LULU) rose 10% after results topped estimates, despite lackluster guidance and news that its CEO will step down.
Quanex (NYSE: NX) rose 23% after quarterly results beat estimates. Quanex reported Q4 EPS of $0.83, $0.35 better than the analyst estimate of $0.48. Revenue for the quarter came in at $489.8 million versus the consensus estimate of $481.02 million.
RH (NYSE: RH) rose 1% after mixed results. RH reported Q3 EPS of $1.71, $0.45 worse than the analyst estimate of $2.16. Revenue for the quarter came in at $884 million versus the consensus estimate of $883.26 million.