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After-hours movers: RH falls following results, DocuSign gains

EditorRachael Rajan
Published 08/09/2023, 08:00 am
© Reuters.
SWBI
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ZUMZ
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HPP
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GWRE
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RH
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SMAR
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DOCU
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After-Hours Stock Movers:

Smith & Wesson Brands Inc (NASDAQ:SWBI) 9% HIGHER; reported Q1 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $114.2 million versus the consensus estimate of $104.12M.

RH (NYSE:RH) 8% LOWER; reported Q2 EPS of $3.93, $1.37 better than the analyst estimate of $2.56. Revenue for the quarter came in at $800M versus the consensus estimate of $777.8M. RH sees Q3 2024 revenue of $740-760M, versus the consensus of $772.87M. RH sees Q4 2024 revenue of revenues of $760 to $800M. RH raises the low of guidance and sees FY2024 revenue of $3.04-3.1 billion, versus the consensus of $3.07B.

Hudson Pacific Properties, Inc. (NYSE:HPP) 8% LOWER; announced that its Board of Directors suspended the Company’s quarterly dividend on its common stock, commencing with the third quarter dividend that would have been paid in September 2023.

Smartsheet (NYSE:SMAR) 6% HIGHER; reported Q2 EPS of $0.16, $0.08 better than the analyst estimate of $0.08. Revenue for the quarter came in at $235.6M versus the consensus estimate of $229.57M. Smartsheet sees Q3 2024 EPS of $0.08-$0.09, versus the consensus of $0.07. Smartsheet sees Q3 2024 revenue of $240-242M, versus the consensus of $241.24M. Smartsheet sees FY2024 EPS of $0.53-$0.57, versus the consensus of $0.42. Smartsheet sees FY2024 revenue of $950-953M, versus the consensus of $948.8M.

Zumiez, Inc. (NASDAQ:ZUMZ) 6% LOWER; reported Q2 EPS of ($0.44), $0.23 better than the analyst estimate of ($0.67). Revenue for the quarter came in at $194.4M versus the consensus estimate of $190.15M. Zumiez, Inc. sees Q3 2024 EPS of ($0.15)-($0.25), versus the consensus of $0.21. Zumiez, Inc. sees Q3 2024 revenue of $211-216M, versus the consensus of $217.83M.

DocuSign Inc (NASDAQ:DOCU) 4% HIGHER; reported Q2 EPS of $0.72, $0.06 better than the analyst estimate of $0.66. Revenue for the quarter came in at $687.7M versus the consensus estimate of $677.56M. DocuSign's board of directors has authorized an increase of $300M to its existing stock repurchase program for a total aggregate amount of up to $500M of DocuSign's outstanding common stock. DocuSign Inc. sees Q3 2024 revenue of $687-691M, versus the consensus of $686.03M. DocuSign Inc. sees FY2024 revenue of $2.725-2.737B, versus the consensus of $2.72B.

Guidewire Software (NYSE:GWRE) 1% HIGHER; reported Q4 EPS of $0.74, $0.36 better than the analyst estimate of $0.38. Revenue for the quarter came in at $270M versus the consensus estimate of $261.38M. Guidewire Software sees Q1 2024 revenue of $197-202M, versus the consensus of $212.51M. Guidewire Software sees FY2024 revenue of $976-986M, versus the consensus of $988.72M.

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