Better-Than-Expected Results: Nordstrom and NetApp Thrive, Okta and Salesforce Encounter Market Headwinds
- May 31st, 2023
- 902 views
Nordstrom, Inc. (NYSE: JWN), a renowned fashion retailer with a presence in the United States and Canada, reported first quarter 2023 adjusted earnings per share (EPS) of $0.07, surpassing the consensus estimate of a loss of $0.08 per share.
$JWN is trading at $16.60, experiencing an after-hours increase of $1.30 or 8.50%
NetApp, Inc. (Nasdaq: NTAP), a multinational company specializing in data management and storage solutions, reported fourth-quarter fiscal 2023 adjusted EPS of $1.54, beating the consensus estimate of $1.34.
$NTAP is trading at $70.50 in after-hours trading, representing an increase of $4.15 or 6.25%.
Okta, Inc. (Nasdaq: OKTA), a cloud-based identity and access management company that provides security solutions for businesses, reported first-quarter fiscal 2024 EPS of $0.22, exceeding the consensus estimate of $0.13.
However, the market response in after-hours trading for $OKTA has been a decrease, with the stock trading at $79.22, down by $11.68 or 12.85%.
Salesforce, Inc. (NYSE: CRM), a prominent customer relationship management (CRM) software company, reported first-quarter fiscal 2024 EPS of $1.69, slightly higher than the consensus estimate of $1.61.
Despite the positive earnings results, $CRM is trading at $215.70 in after-hours trading, indicating a decrease of $7.68 or 3.44%.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
DOT, DoW, DHS Join Forces to Protect Southern Border Airspace
October 16th, 2026FTC Sues Ticket Broker Over Unlawful Tactics Used to Buy Millions of Tickets to Popular Live Events
October 15th, 2026October 15th, 2026FDA Approves First Treatment for Certain People With BCG-Unresponsive Bladder Cancer
October 14th, 2026U.S. Treasury Announces Record Enforcement Actions Against Bank of America
October 14th, 2026




Member Login