After-hours buzz: Urban Outfitters, Facebook & more
Check out which companies are making headlines after the bell Monday:
Urban Outfitters - The clothing retailer posted earnings of 51 cents a share on sales of $759 million, versus estimates for 48 cents a share on revenue of $768 million. Shares soared in extended-hours trading.
Facebook - Janney Capital initiated coverage of the social-networking giant with a "buy" rating and price target of $50. Shares edged higher in extended-hours trading.
International Rectifier - The technology company reported a loss of 2 cents a share, excluding one-time items, on revenue of $276 million, topping Wall Street projections for a loss of 10 cents a share on sales of $260 million. Shares rose in extended-hours trading.
Bob Evans - The restaurant chain posted earnings of 58 cents a share, ex-items, on sales of $329 million, versus expectations for 57 cents a share on revenue of $333 million. Shares ticked higher in extended-hours trading.
Aegean Marine Petroleum - The petroleum refiner posted earnings of 12 cents a share, missing expectations for 17 cents a share, while revenue was in line with estimates at $1.69 billion. Shares declined in extended-hours trading.
Annaly Capital Management - The company announced its CFO Kathryn Fagan will retire. Current chief administrative officer Glenn Votek will succeed Fagan. Shares were largely unchanged in extended-hours trading.