Stocks making the biggest moves after hours: Salesforce, HP and more

Signage for a Saleforce office building in San Francisco, California, the United States, on Tuesday, February 23, 2021.

David Paul Morris | Bloomberg | Getty Images

Check out the companies that are making headlines after the bell:

Salesforce – Salesforce stocks rose 5% in expanded trading after the cloud-based software company posted better-than-expected results in the first quarter. Salesforce reported adjusted earnings of $ 1.21 per share, beating analysts’ estimate of 88 cents per share, according to Refinitiv. The company also raised its revenue forecast for the fiscal year to $ 26 billion on the high end.

Ulta Beauty – The beauty store chain’s shares rose roughly 5% in after-hours trading after the company released first-quarter results. Ulta’s adjusted earnings of $ 4.07 per share were more than double what Wall Street was expecting of $ 1.95 per share, according to Refinitiv. The retailer had sales of $ 1.94 billion, compared with analysts’ forecast of $ 1.64 billion. The company’s like-for-like sales rose 65.9% versus analysts’ estimate of 40.1%.

HP – The tech company’s stock fell more than 5% in after-hours trading, despite HP topping the road on the income statement in the second quarter. According to Refinitiv, HP achieved earnings of 93 cents per share on sales of 15.88 billion US dollars, beating analysts’ estimates by 4 cents per share and sales expectations of 15.02 billion US dollars.

Dell – The computer company’s stocks rose about 3% during expanded trading, then erased those gains, despite Dell reporting better-than-expected financial results for the first quarter. Dell reported earnings of $ 2.13 per share on revenue of $ 24.5 billion, compared to analysts’ forecast of $ 1.61 per share and $ 23.4 billion in revenue, according to Refinitiv.

– CNBC’s Tanaya Macheel contributed to this report.

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