Stocks on the move: Chewy, CrowdStrike, HP, ChargePoint
Yahoo Finance's Seana Smith breaks down top trending tickers after the closing bell Tuesday.
Video Transcript
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SEANA SMITH: All right, Rachelle, let's take a look at some of these movers here after hours, a number of earnings reports that we have been tracking for you, Chewy, Crowdsource, HP, and ChargePoint. So let's get to it here. Chewy under a bit of pressure after hours. We're seeing this stock fall. A lot of this has to do with the earnings that we just got, sales missing expectations, coming in at $2.43 billion. The estimate out there was for $2.48 billion.
They also lowered their revenue guidance for next quarter, the third quarter, as well as the full year. You can see the stock off just over 9% right now. CEO Sumit saying that "it is a recession-resistant category." That might be put to the test over the coming quarters here. Year to date, it has been a tough go for Chewy. You can see the stock off just about 36%.
Let's flip it over to CrowdStrike, a very different story there. We're seeing shares pop after hours. It was popping, now up just about a half of a percent, so well off the highs here after hours. Pretty strong results here from the company raising their full year EPS guidance. Revenue beat what the Street was looking for, $535.2 million. The estimate out there was for $517 million.
Taking a look at adjusted EPS of $0.36, better than what the Street was looking for at $0.28. Over the past month, let's take a look. The stock has actually been doing OK. You can see it up just around 5%. For a full year look, though, we are well off the 52-week high. As you can see, that hit just around November. It's about $100 shy of that 52-week high at $193 a share.
Let's take a look at HP, HPQ, under a bit of pressure here after hours. We're seeing the stock off nearly 4%. It's a lot of that has to do with the forecast cut that we got amid the PC sales sliding here. Revenue $14.6 billion, adjusted EPS of $1.04, missing on both the top and bottom lines. One-year chart, stock hasn't done a heck of a lot. You can see it still in the green hanging on to those gains, up just about 4 and 1/2%.
Rounding it out here with ChargePoint. Now, this is a network of EV charging stations, the stock up here, up just about 2.6%, revenue of $108 million beating what the Street was looking for. Also, the company reaffirming its full year 2022 guidance. Over the past year, though, the stock has been under a tremendous amount of pressure, off just about 30%, although you can still see we are off the 52-week lows for the stock that was hit earlier this summer, heading back to May. Again, shares closing just around $14.50 a share.
