Stocks with the biggest gains after hours: WDAY, ZM, CARG, U | Private Equity Weekly
Check out the companies making headlines over the long term. Workday — Shares of Workday fell 9% after the enterprise software company reported fourth-quarter earnings. Workday’s adjusted earnings per share exceeded analysts’ expectations polled by LSEG (formerly Refinitiv), with earnings per share of $1.57. Revenue, on the other hand, was $1.92 billion, in line with consensus estimates. Workday also reiterated its fiscal 2025 subscription revenue guidance. Zoom Video — The video conferencing stock soared 11% on better-than-expected fourth-quarter earnings. Zoom earned $1.42 per share (excluding items) on revenue of $1.15 billion. Meanwhile, analysts surveyed by LSEG forecast earnings of $1.15 per share on revenue of $1.13 billion. The company also announced a $1.5 billion stock buyback. CarGurus — Shares of the online car sales platform fell 9% on weak guidance for the quarter. CarGurus told investors it expected earnings of 24 cents to 29 cents a share on revenue of $201 million to $221 million, while analysts polled by LSEG expected earnings of 31 cents a share on revenue of $236 million. That drew attention to the quarterly report, which beat Wall Street forecasts on two fronts. Unity Software — Shares of the provider of a platform for content creators plunged 17% after the company guided for adjusted earnings before interest, taxes, depreciation, and amortization for the quarter well below analysts’ expectations. Unity said it expected revenue of $45 million to $50 million, well below the $113 million consensus forecast by analysts polled by FactSet. However, the company’s fourth-quarter revenue beat expectations. Staar Surgical – The eye care stock fell about 4% after a fourth-quarter financial report that came in worse than expected and with soft guidance. Starr reported earnings of 16 cents per share, missing analysts’ expectations of 17 cents per share, according to FactSet. The company also expects full-year revenue to be between $335 million and $340 million, while analysts expected $349 million. Hims & Hers — The consumer-focused wellness platform gained 15% after earnings and guidance topped expectations. Hims & Hers earned 1 cent a share in the fourth quarter on revenue of $247 million, while analysts polled by LSEG forecast earnings of 2 cents a share on revenue of $246 million. The company also provided an outlook for revenue and adjusted EBITDA for the quarter, which came in well ahead of analysts’ expectations.
