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After-Hours Buzz: Wet Seal, Wal-Mart, Guidewire Software & More

Tuesday, 28 May 2013 | 4:42 PM ET

Check out which companies are making headlines after the bell Tuesday:

Wet Seal—The teen apparel retailer posted earnings of 3 cents a share on sales of $140 million, edging past expectations for a penny a share on sales of $139 million. In addition, the company handed in current-quarter guidance that beat Wall Street estimates, sending shares sharply higher in extended-hours trading.

(Read More: Stocks End Higher, Dow Closes at Record High)

Wal-Mart—The big-box retailer entered into plea agreements with with the U.S. Attorneys' Offices in the Northern and Central Districts of California and the U.S. Attorney's Office for the Western District of Missouri regarding misdemeanor violations of certain environmental laws. Shares were largely unchanged in extended-hours trading.

Guidewire Software—The tech company posted earnings of 4 cents a share, excluding one-time items, on sales of $68 million, topping expectations for 3 cents a share on revenue of $64 million. Shares rallied in extended-hours trading.

Cerner—The health care information technology company's board approved a 2-for-1 stock split. Shares edged higher in extended-hours trading.

Air Lease—The aircraft leasing company announced a long-term lease agreement with Etihad Airways for one new Airbus A321-200 aircraft, scheduled for delivery in April 2015.

_ By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

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  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

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