Take a look at the businesses making headlines in after-hours buying and selling. Adobe — The software program inventory tumbled 10% on the again of weak steering for current-quarter income. Regardless of that, Adobe beat analysts’ predictions on each traces in its fiscal first quarter and introduced a $25 billion share buyback. Ulta — The wonder retailer slipped 5% as full-year earnings expectations got here in on the low finish of Wall Avenue’s forecast. Ulta stated to anticipate between $26 and $27 per share for earnings over the complete yr. Most of that vary is beneath the expectation of $27 from analysts polled by LSEG, previously Refinitiv. That overshadowed an in any other case robust outlook for income and a better-than-expected fourth quarter. Cardlytics — The promoting platform soared 37% after the corporate reported changing into optimistic on adjusted earnings earlier than curiosity, taxes, depreciation and amortization within the full yr for the primary time since 2019. Cardlytics additionally provided stronger steering for current-quarter financials than Wall Avenue was anticipating. PagerDuty — Shares of the incident response platform dropped about 9% within the wake of weaker-than-expected earnings and income steering for each the present quarter and full yr. Nonetheless, the corporate was capable of beat analysts’ estimates on each traces within the fourth quarter. Zumiez — The specialty retailer shed 5% after offering a weak outlook for the present quarter. Zumiez guided for a loss per share of between $1.09 and $1.19, whereas analysts polled by FactSet anticipated a lack of simply 34 cents. The corporate set quarterly income at a variety between $167 million and $172 million, beneath the $186.3 million estimate from analysts. Smartsheet — The enterprise software program supplier retreated by 7% as income steering underwhelmed Wall Avenue. Smartsheet suggested buyers to anticipate income between $257 million and $259 million within the present quarter and a variety of $1.113 billion and $1.118 billion for the total yr. In the meantime, analysts polled by FactSet forecast $262.3 million in income for the quarter and $1.14 billion for the yr.
