Market Insider

A Nordstrom store in Irvine, California.
Scott Mlyn | CNBC

Check out the companies making headlines after hours.

Nordstrom — Shares jumped 7% after the retailer surpassed earnings expectations and raised its full-year outlook. Nordstrom CEO Erik Nordstrom said the company has experienced a surge in demand from shoppers refreshing their closets for “long-awaited occasions.”

Urban Outfitters — Shares initially dropped 1.7% after the retailer reported an earnings miss. Urban Outfitters’ CEO said rising costs offset revenues. The company earned 33 cents per share on revenues of $1.05 billion, according to FactSet. Analysts polled by Refinitiv were expecting earnings of 42 cents per share on revenues of $1.068 billion.

Intuit — Shares popped 3% after the financial software company topped earnings expectations. Intuit reported revenues of $5.6 billion, as compared with consensus estimates of $5.514 billion from Refinitiv.

Articles You May Like

7 Sorry Dividend Stocks to Sell in February Before It’s Too Late
3 Dividend Stocks to Buy to Generate Monthly Cash Flow
Silvergate Capital shares jump after BlackRock reports increased stake in the crypto bank
7 F-Rated Stocks to Sell in February
When NIO Stock Hits $15 – Then Buy!