Signage outside Palo Alto Networks headquarters in Santa Clara, California, USA, on Thursday, May 13, 2021.
David Paul Morris | Bloomberg | Getty Images
Check out the companies making headlines after the bell:
Palo Alto Networks – Shares of the software stock rose more than 7% after revenue and earnings for the past quarter beat Wall Street expectations, according to Refinitiv. Palo Alto Network earnings estimates for the fiscal third quarter were also above consensus expectations.
Coinbase – Shares of the crypto trading platform were up 3% recently. According to Refinitiv, the company exceeded analyst expectations on the top and bottom line.
Toll Brothers – The housing stock rose 2% in extended trading after a better-than-expected earnings report. The company also said it has seen a surge in demand since early 2023.
Caesars Entertainment – Shares of the casino giant fell 1% after the company posted a fourth-quarter GAAP net loss of $148 million. In the prior year period, Caesars reported a net loss of $434 million.
Camping World — Camping World shares fell 2% after the bell. The recreational vehicle retailer reported a fourth-quarter loss of 20 cents per share, excluding items. Analysts had forecast earnings of 2 cents per share, according to FactSet.
CoStar Group – Commercial real estate stock plummeted nearly 15% after sharing current quarter expectations that fell short of estimates, according to StreetAccount. The move in stocks came despite a fourth quarter beat on both the top and bottom lines.
Transocean – Shares of the offshore drilling company fell 2.9% in extended trading after posting a fourth-quarter loss that was larger than analysts had expected, according to FactSet.
La-Z-Boy – The furniture stocks added 6% in extended trading after beating analysts’ estimates for revenue and earnings in the past quarter, according to FactSet. La-Z-Boy posted adjusted earnings of 91 cents per share, excluding items, on revenue of $572.7 million.
Hostess Brands — Shares of the maker of Twinkies gained more than 1%. Hostess Brands beat Wall Street’s fourth-quarter revenue and profit expectations, according to FactSet.
— CNBC’s Darla Mercado contributed reporting
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