Reply To: Traders Market Weekly: Oil Caps, Sanctions and Services

#48561
TradersCom
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After-Hours

Box (BOX) beats by $0.01, reports revs in-line; guides Q4 EPS above consensus, revs below consensus; guides FY23 EPS above consensus, revs below consensus… BOX +0.2%
Costco (COST) reports November adjusted comparable sales growth of 5.3%… COST -3.6%
Elastic (ESTC) beats by $0.10, beats on revs; guides Q3 EPS above consensus, revs below consensus; guides FY23 EPS above consensus, revs below consensus; also announces workforce reduction… ESTC -13.4%
Five Below (FIVE) beats by $0.14, beats on revs, comps better than expected; guides Q4 EPS above consensus, revs above consensus… FIVE +8.9%
General Electric’s (GE) Board of Directors approves previously announced spin-off of its healthcare business; GE Healthcare expected to begin trading on Nasdaq on January 4, 2023, under the ticker “GEHC”… GE +0.8%
G-III Apparel (GIII) misses by $0.49, reports revs in-line; guides FY23 EPS below consensus, reaffirms FY23 revs guidance; also extends license agreements for Calvin Klein and Tommy Hilfiger… GIII -24.5%
Okta (OKTA) beats by $0.24, beats on revs; guides Q4 EPS above consensus, revs in-line… OKTA +15.1%
Pure Storage (PSTG) beats by $0.06, reports revs in-line; guides Q4 revs in-line… PSTG +1.8%
PVH (PVH) beats by $0.42, beats on revs; guides Q4 EPS in-line, revs in-line; also extends most of its license agreements with GIII for Calvin Klein and TOMMY HILFIGER… PVH +8.7%
Salesforce (CRM) beats by $0.18, reports revs in-line; guides Q4 EPS in-line, revs below consensus; Bret Taylor will step down as Vice Chair and Co-CEO, effective January 31, 2023; Marc Benioff will be Chair and CEO of the company… CRM -6.6%
Semtech (SMTC) beats by $0.02, beats on revs; guides Q4 EPS below consensus, revs below consensus… SMTC unchanged
Snowflake (SNOW) beats by $0.06, beats on revs; Sees Q4 Product revenue between $535-540 mln, up 49-50% yr/yr… SNOW -13.7%
Splunk (SPLK) beats by $0.58, beats on revs; guides Q4 revs in-line; slightly lowers FY23 Cloud ARR guidance… SPLK +6.9%
Synopsys (SNPS) beats by $0.07, reports revs in-line; guides Q1 EPS above consensus, revs above consensus; guides FY23 EPS above consensus, revs above consensus… SNPS +6.0%
Victoria’s Secret (VSCO) beats by $0.06, reports revs in-line; guides Q4 EPS in-line… VSCO -1.6%