After-Hours Buzz: BBBY, ACN & More
Check out which companies are making headlines after the bell Wednesday:
Bed Bath & Beyond - The retailer posted earnings of $1.03 a share, edging past expectations by a penny a share, but on revenue of $2.70 billion that fell short of estimates for $2.74 billion. The company also handed in a current-quarter earnings guidance that missed Wall Street forecasts, sending shares lower in extended-hours trading. Separately, the company announced that its executive vice president Stephen Gillett will be leaving. Gillett will be the new COO of Symantec.
(Read More: Stocks End Lower as 'Cliff' Talks Turn Sour)
Accenture - The IT services and consulting company posted earnings of $1.06 a share, edging past expectations by 2 cents a share, while revenue missed estimates. In addition, the company handed in current-quarter revenue guidance that was in the lower-end of expectations, sending shares sharply lower in extended-hours trading.
Allscripts - The health care information technology company said CEO Glen Tullman will step down. Shares declined in extended-hours trading.
Jabil Circuit - The electronics manufacturing services company posted earnings of 61 cents a share, excluding one-time items, on sales of $4.6 billion, topping expectations for 56 cents a share on revenue of $4.41 billion. Meanwhile, the company handed in current-quarter earnings guidance that fell slightly short of expectations. Still, shares climbed in extended-hours trading.
SandRidge Energy - The oil and natural gas exploration company said it will sell its Permian Basin properties to Sheridan Production Partners in a deal worth $2.6 billion. Shares jumped in extended-hours trading.
Paychex - The payroll and human resource service company posted earnings of 41 cents a share, matching expectations, but revenue fell short of estimates.