Check out the companies making headlines in extended trading: Starbucks — The coffee chain gained more than 2% after better-than-expected quarterly results. Starbucks notched fiscal first-quarter earnings of 69 cents per share on revenue of $9.40 billion, while analysts polled by LSEG were looking for 67 cents in earnings per share and $9.31 billion in revenue. Same-store sales declined for the fourth consecutive quarter, however. F5 — The application security company surged 12% after the firm issued a better-than-expected revenue outlook for the second quarter. F5 forecasts revenue in the current quarter to be in the range between $705 million and $725 million, while analysts polled by FactSet were expecting $702.7 million. Qorvo — The semiconductor company gained 12% on the heels of an upbeat fourth-quarter outlook. Qorvo expects revenue in the current quarter of $850 million, compared to a forecast of $841 million from analysts polled by LSEG. The company’s adjusted earnings per share forecast of $1 was also above estimates that called for 86 cents per share. Nextracker — Shares gained 13%. The solar tracker manufacturer issued rosy full-year earnings guidance following better-than-expected third-quarter results. Nextracker expects full-year adjusted earnings per share in the range of $3.75 to $3.95, compared to prior guidance that called for $3.10 to $3.30 per share, and estimates from analysts polled by FactSet that forecast $3.27 per share. LendingClub — The financial services company pulled back more than 17% after LendingClub’s provisions for credit losses came in higher than analysts’ forecasts in the fourth quarter. LendingClub’s loan provisions of $63.2 million in the most-recent quarter surpassed the consensus estimate of $51.4 million from FactSet.
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
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© 2025 incapitalquest.com – All rights reserved.