Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity company popped 9% after posting a strong outlook and a first-quarter results beat. CrowdStrike reported adjusted earnings of 93 cents per share on $921 million in revenue, which came in over the earnings of 89 cents per share on $905 million in revenue that analysts surveyed by LSEG had forecast. Hewlett Packard Enterprise — The technology stock climbed 12%, touching a new 52-week high after earnings came in ahead of expectations. Hewlett Packard Enterprise posted adjusted earnings per share of 42 cents on $7.2 billion in revenue, while analysts surveyed by LSEG had penciled in earnings per share of 39 cents and $6.82 billion in revenue. Dollar Tree — Shares of the discount retailer fell more than 4% after second-quarter guidance came in below expectations. Dollar Tree said it expected between $1 and $1.10 in adjusted earnings per share, while analysts surveyed by FactSet had penciled in $1.19 per share. The company also said it was exploring a potential sale of its Family Dollar unit. GameStop — The meme stock popped 15% after a decline of 5.4% in the previous session. The stock is up more than 30% week to date. The speculative rally was initially triggered by GameStop champion “Roaring Kitty,” who posted a screenshot of his p …
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading: CrowdStrike — The cybersecurity company popped 9% after posting a strong outlook and a first-quarter results beat. CrowdStrike reported adjusted earnings of 93 cents per share on $921 million in revenue, which came in over the earnings of 89 cents per share on $905 million in revenue that analysts surveyed by LSEG had forecast. Hewlett Packard Enterprise — The technology stock climbed 12%, touching a new 52-week high after earnings came in ahead of expectations. Hewlett Packard Enterprise posted adjusted earnings per share of 42 cents on $7.2 billion in revenue, while analysts surveyed by LSEG had penciled in earnings per share of 39 cents and $6.82 billion in revenue. Dollar Tree — Shares of the discount retailer fell more than 4% after second-quarter guidance came in below expectations. Dollar Tree said it expected between $1 and $1.10 in adjusted earnings per share, while analysts surveyed by FactSet had penciled in $1.19 per share. The company also said it was exploring a potential sale of its Family Dollar unit. GameStop — The meme stock popped 15% after a decline of 5.4% in the previous session. The stock is up more than 30% week to date. The speculative rally was initially triggered by GameStop champion “Roaring Kitty,” who posted a screenshot of his p …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
