September 20, 2024

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Shares making the largest strikes after hours: Palo Alto Networks, Virgin Galactic & extra

Signage outdoor Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, Would possibly 13, 2021.

David Paul Morris | Bloomberg | Getty Photographs

Take a look at the firms making headlines in after-hours buying and selling:

Palo Alto Networks — Stocks of the cybersecurity corporate won 6% throughout prolonged buying and selling Tuesday following Palo Alto’s second-quarter income document. The corporate earned $1.74 in keeping with proportion except pieces on $1.32 billion in income. Analysts surveyed by way of Refinitiv have been anticipating $1.65 in keeping with proportion on $1.28 billion in income.

Vary Sources — Vary Sources jumped greater than 5% within the wake of the corporate’s fourth-quarter effects. The power corporate earned 96 cents in keeping with proportion except pieces, on $1.57 billion in income. Analysts surveyed by way of StreetAccount have been anticipating the corporate to earn 97 cents in keeping with proportion.

Virgin Galactic — Stocks of the distance corporate won greater than 3% after Virgin Galactic reported a smaller-than-expected loss throughout the fourth quarter. The corporate misplaced 31 cents in keeping with proportion in comparison to the 35-cent loss analysts surveyed by way of Refinitiv have been anticipating. Income, on the other hand, ignored estimates. The corporate posted gross sales of $141,000, whilst Wall Boulevard was once anticipating $300,000.

Mosaic — Mosaic stocks slid greater than 6% following the corporate’s newest income document. Mosaic posted income of $1.95 in keeping with proportion except pieces on $3.84 billion in income. Analysts surveyed by way of StreetAccount have been anticipating the corporate to earn $1.97 in keeping with proportion on $3.9 billion in income.

Correction: This tale was once up to date to replicate Virgin Galactic’s right kind income and its right kind estimated income.