Gap, Nordstrom, Dell Technologies & more

Check out the companies making headlines after hours on Tuesday:

HP Inc. – Computer hardware builder shares jumped more than 7% in after-hours trading on the back of strong-to-expected quarterly results. HP Inc. earned 62 cents per share on revenue of $ 15.26 billion. According to Refinitiv, analysts forecast 52 gains per share on revenue of $ 14.72 billion. The company also released better-than-expected earnings guidance for its fiscal first quarter.

Gap – Gap sent the retailer’s stock down more than 6%, citing disappointing quarterly earnings after the bell. The company earned 25 cents per share in the previous quarter, while analysts polled by Refinitive had a profit of 32 cents per share.

Nordstrom – Nordstrom’s shares rose 4.4% even after the company posted disappointing revenue numbers for the third quarter. Nordstrom said its revenue for the quarter is $ 3.09 billion, just shy of the $ 3.1 billion refinitive estimate. Nordstrom also reported earnings of 34 cents per share, but CNBC could not determine whether the number was equal to a refinitive forecast.

Dell Technologies – Dell Technologies reported third-quarter earnings and revenue figures that topped analyst expectations, sending computer builder’s stock up nearly 2%. Dell earned $ 2.03 per share on revenue of $ 23.48 billion. According to Refinitive, analysts had estimated earnings per share of $ 1.40 on revenue of $ 21.85 billion. The company also posted its membership and sales for “Software as a Service” (SaaS) which exceeded estimates.

American Eagle Outfitters – American Eagle Outfitters saw its stock fall more than 3% on the back of mixed third quarter results. The retailer earned 35 cents per share, forecasting 34 cents per share. The company’s revenue was $ 1.03 billion in line with expectations.

About Tips Clear

Tips Clear is a seasoned writer and digital marketing expert with over a decade of experience in creating high-quality, engaging content for a diverse audience. He specializes in blogging, SEO, and digital marketing strategies, and has a deep understanding of the latest trends and technologies. Tips Clear's work has been featured on various prominent platforms, and he is committed to providing valuable insights and practical tips to help readers navigate the digital landscape.