Stocks making the biggest moves after hours: URBN, VSAT, TOL
Check out the companies making headlines after the bell : Urban Outfitters — The clothing retailer added nearly 8% after beating estimates on its first-quarter results. Urban Outfitters reported adjusted earnings of 69 cents per share on $1.2 billion of revenue, more than the 52 cents per share on $1.18 billion of revenue that analysts polled by LSEG had expected. Viasat — Shares of the communications company slid nearly 13% after Viasat posted a loss of 80 cents per share in the fiscal fourth quarter. The result was worse than the loss of 63 cents per share analysts had predicted, according to LSEG. However, the company’s $1.15 billion in revenue for the period beat expectations of $1.09 billion. Haemonetics — The health-care company shed 8% after announcing a proposed private offering of $525 million worth of convertible senior notes. The notes would be due in 2029 and available to qualified institutional buyers. Toll Brothers — Shares of the homebuilder advanced more than 1%. Toll Brothers posted fiscal second-quarter earnings of $4.55 per share on revenue of $2.65 billion. Analysts polled by LSEG called for earnings of $4.14 per share and $2.53 billion in revenue. XP — The Brazilian financial services company slid 4%. XP reported first-quarter net revenue that narrowly missed consensus expectations, per FactSet. Total net inflows were also down slightly from the year-ago period. Modine Manufacturing Company — The thermal management company shed nearly 8%. Modine’s fiscal fourth-quarter revenue of $603.5 million came in below the $605.4 million expected by analysts, according to FactSet. — CNBC’s Darla Mercado contributed reporting.