Zoom, Dell, Urban Outfitters and more
Detail of a home office setup on a kitchen worktop, including a laptop with Zoom video conferencing software, taken September 9, 2020.
Phil Barker | Edition of the future | Getty Images
Find out which companies are making headlines after hours.
Zoom – Shares of the pandemic darling slid 4.4% in extended trading on Monday. Although the video conferencing company beat expectations for earnings and revenue, it gave a weak outlook for the fourth quarter.
Dell – The tech company jumped 6% after beating expected third-quarter revenue and earnings per share. Earnings per share were $2.30, after adjustments, about 44% higher than the $1.60 expected by analysts polled by Refinitiv. However, the stock’s gains narrowed after it provided insight on its conference call. The shares recently rose about 1.5% after normal business hours.
Urban outfitters – The apparel company added 2.6% after reporting better-than-expected revenue growth in its latest quarter, despite earnings per share falling a penny from estimates. The company’s CEO said he was “encouraged” by the quarter-to-date sales as he headed into the Black Friday and Cyber Monday weekend.
Agilent – Shares of the consumer electronics company gained 4.1% after beating expectations for earnings and earnings per share in the fourth quarter.