Shares of C3.ai (AI) are rising in after-hours trading on Wednesday after the company reported better-than-expected guidance for its full fiscal year 2025. The company also reported fourth-quarter results that beat expectations on both revenue and profit.
Okta (OKTA) reported better-than-expected first-quarter results and raised its fiscal 2025 adjusted earnings per share (EPS) forecast.
American Eagle Outfitters (AEO) shares are plummeting after the company reported weaker-than-expected first-quarter earnings.
For more expert insights and the latest market trends, click here to watch the full episode of “Ask the Trends.”
This post Angel Smith
Video Transcript
Let’s look at trends outside business hours.
I’ll end it here.
C three AIA shares are soaring after the company reported fourth-quarter earnings that beat expectations on sales and profits, with revenue for the quarter up 20% from the same period last year to $86.6 million.
The company also raised its 2025 revenue outlook by a larger margin than expected.
C3AI production is currently expected to be 373.19 million CU. Tom Sell will join us tomorrow at approximately 9:00 AM for our morning briefing to provide more details.
These figures are also confirmed by Octa.
The company’s shares are down slightly after it reported better-than-expected first-quarter sales and profits, but CEO Todd McKennon acknowledges that the company continues to benefit from the efficiency measures it has implemented over the past few quarters.
Octa also raised its forecast for adjusted earnings per share for the full fiscal year 2025.
Now looking for 235-240 per share.
Be sure to check out Market de Nation tomorrow!
I had a chance to speak with Tom McKinnon about the company’s recent performance, and he said that American Eagle Outfitters’ stock price is falling after the company reported weaker than expected first quarter earnings, but that store revenue was up 4% and digital revenue was up 12%.
American Eagle said it continues to expect sales to grow up to 2% to 4% and full-year operating income to be in the range of $445.465 million.
It’s disappointing.