As U.S. stock futures point to a downward trajectory this Wednesday morning, several companies are gearing up to release their quarterly earnings reports, making them key players in the market’s focus today. Let’s take a look at these companies and how they’ve been performing in the after-hours trading session:
CyberArk Software Ltd. (CYBR)
Wall Street analysts are expecting CyberArk to report earnings of 46 cents per share on revenue of $234.04 million before the opening bell. The company’s shares jumped by 4.1% to $313.00 in after-hours trading, suggesting a positive market sentiment ahead of the earnings release.
Cisco Systems, Inc. (CSCO)
Analysts anticipate Cisco to post quarterly earnings of 87 cents per share on revenue of $13.77 billion. The earnings report is scheduled to be released after the market closes. Cisco shares saw a slight uptick of 0.03% to $58.73 in after-hours trading.
Rumble Inc. (RUM)
Rumble’s performance in the third quarter wasn’t as rosy as some had anticipated. The company reported a quarterly loss of 15 cents per share, exceeding the expected loss of 12 cents per share. This news led to a decline of 10.8% in Rumble’s shares to $6.09 in the after-hours session.
MARA Holdings Inc. (MARA)
Following the close on Tuesday, MARA reported weaker-than-expected financial results for the third quarter. The Bitcoin miner’s revenue came in at $131.6 million, falling short of the consensus estimate of $151.67 million. Additionally, MARA reported an adjusted loss of 34 cents per share, missing analyst estimates for a loss of 26 cents per share. These disappointing results resulted in an 8.8% drop in MARA shares to $23.01 during after-hours trading.
Beazer Homes USA, Inc. (BZH)
Analysts are forecasting quarterly earnings of $1.35 per share on revenue of $774.56 million for Beazer Homes, with the release expected after the closing bell. The company’s shares gained 1.2% to $32.44 in after-hours trading, indicating potential optimism surrounding the earnings release.
As investors digest these upcoming earnings reports, it will be interesting to see how these stocks perform throughout the day. Stay tuned for updates and analysis as these companies reveal their financial performance.
