China’s Xi speaks with Trump by phone, discusses Taiwan and bilateral ties
After-hours movers:
Ross Stores (ROST) rose 4% after quarterly revenue and EPS topped estimates. Ross Stores reported Q3 EPS of $1.58, $0.17 better than the analyst estimate of $1.41. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.42 billion. Ross Stores also raise its comparable store sales forecast to be up 3% to 4% for its fourth quarter, topping estimates of 2.6%.
Elastic (ESTC) fell 8% after results didn’t impress investors. Total revenue was $423 million, an increase of 16% year-over-year.
Intuit (INTU) rose 2.6% after quarterly results topped consensus. Intuit reported Q1 EPS of $3.34, $0.25 better than the analyst estimate of $3.09. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.76 billion.
Contineum Therapeutics (CTNM) fell 25% after it announced that its Phase 2 VISTA trial of PIPE-307 for relapsing-remitting multiple sclerosis did not meet its primary or secondary efficacy endpoints.
GAP (GAP) rose 5% after publishing solid quarterly results. The retailer reported Q3 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $3.9 billion