After-Hours Stock Movers:
Upwork Inc. (NASDAQ:UPWK) 19% HIGHER; reported Q2 EPS of $0.10, $0.10 better than the analyst estimate of $0.00. Revenue for the quarter came in at $168.61 million versus the consensus estimate of $162.53M.
DXC Technology Co (NYSE:DXC) 15% LOWER; reported Q1 EPS of $0.63, $0.19 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $3.45 billion versus the consensus estimate of $3.56B. DXC Technology sees Q2 2024 EPS of $0.65-$0.70, versus the consensus of $0.92. DXC Technology sees Q2 2024 revenue of $3.43-3.46B, versus the consensus of $3.57B. DXC Technology sees FY2024 EPS of $3.15-$3.40, versus the consensus of $3.86. DXC Technology sees FY2024 revenue of $13.88-14.03B, versus the consensus of $14.4B.
Quantumscape Corp (NYSE:QS) 12% LOWER; commenced a proposed underwritten public offering of shares of its Class A common stock. QuantumScape intends to offer $300M of shares of its Class A common stock for working capital and general corporate purposes.
Clorox (NYSE:CLX) 8% HIGHER; reported Q4 EPS of $1.67, $0.51 better than the analyst estimate of $1.16. Revenue for the quarter came in at $2B versus the consensus estimate of $1.88B. Clorox sees FY2024 EPS of $5.60-$5.90, versus the consensus of $5.63. Net sales are expected to be flat to up 2% compared to the prior year. Organic sales are expected to be up 2% to up 4%
PayPal (NASDAQ:PYPL) 8% LOWER; reported Q2 EPS of $1.16, $0.01 better than the analyst estimate of $1.15. Revenue for the quarter came in at $7.29B versus the consensus estimate of $7.27B. PayPal sees Q3 2023 EPS of $1.22-$1.24, versus the consensus of $1.22. PayPal sees Q3 2023 revenue of $7.4B, versus the consensus of $7.32B. PayPal sees FY2023 EPS of $4.95, versus the consensus of $4.95.
Qualcomm (NASDAQ:QCOM) 7% LOWER; reported Q3 EPS of $1.87, $0.06 better than the analyst estimate of $1.81. Revenue for the quarter came in at $8.44B versus the consensus estimate of $8.51B. Qualcomm sees Q4 2023 EPS of $1.80-$2.00, versus the consensus of $1.91. Qualcomm sees Q4 2023 revenue of $8.1-8.9B, versus the consensus of $8.7B.
DoorDash Inc (NYSE:DASH) 5% HIGHER; reported Q2 EPS of ($0.44), $0.03 worse than the analyst estimate of ($0.41). Revenue for the quarter came in at $2.13B versus the consensus estimate of $2.06B.
Etsy (NASDAQ:ETSY) 5% LOWER; reported Q2 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $628.9M versus the consensus estimate of $618.62M. Consolidated GMS (NYSE:GMS) was largely flat at $3.0B, down 0.6% year-over-year and down 0.4% on a currency-neutral basis. Etsy marketplace GMS was $2.6B, down 0.7% year-over-year and down 0.4% on a currency-neutral basis. Etsy sees Q3 2023 revenue of $610-645M, versus the consensus of $632.43M.