Back to Insights

The US After-hours Stock Movers’ Performances on Nov 13th

Go Wire
Go Wire
November 14, 2024
GoGPT Summarizes Articles
 
In after-hours trading of the US market on Nov 13th, several notable stocks showed mixed movements, reflecting various influences from earnings reports and analyst outlooks.
 
 
Cisco System slightly dipped 0.7%, despite its robust first-quarter earnings results and optimistic guidance. According to its Q3 earnings report on Nov. 13, its product orders had strong YoY growth of 20%, even rising 9% without its recent Splunk contribution. The adjusted EPS came in at $0.91 on revenue of $13.8 billion, slightly beyond analysts’ estimates of $0.87 EPS and $13.78 billion in revenue. Looking ahead, Cisco improved its expectations for fiscal Q1, by raising adjusted EPS to $0.91 and revenue to $13.8 billion. Cisco projected adjusted EPS for fiscal year 2025 in the range of $3.60 to $3.66, and revenue between $55.3 billion and $56.3 billion. While its earnings suggested optimism for sustained growth, its stock flattened afterward.
 
 
Like Cisco, Nu Holdings experienced a slight 1.5% decline after delivering in-line third-quarter EPS. The firm achieved an adjusted net income of $592.2 million with a 33%. In contrast, DLocal Limited surged 12% after exceeding expectations in its third-quarter revenue report. Its Total Payment Volume hit a record $6.5 billion, marking a 41% YoY increase.
 
 
Likewise, CNH Industrial leaped up 8% after an analyst disclosed a long position in the stock, which bolstered market confidence.
 
3D Systems, however, reported a 5% drop in revenue following a disappointing preliminary third-quarter report. The firm cited ongoing macroeconomic headwinds affecting its hardware system segment, though materials sales provided some offset.