GO
Loading...

Stocks to Watch: HPQ, KYAK, GES & More

Wednesday, 22 Aug 2012 | 4:32 PM ET

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

Hewlett-Packard - The Dow component posted earnings of $1 a share, excluding one-time items, edging past expectationsfor 98 cents a share. But revenue was lighter than expected at $29.7 billion, missing estimates for $31.10 billion. The company also handed in full-year earnings guidance that was in the lower-range of expectations. On its conference call, Hewlett said macro conditions are more challenging than it saw two months ago and that currency would be a headwind in Q4. Shares initially gained in volatile after-hours trading before turning negative. (Click here for extended-hours quote.)

Facebook - The social-networking giant's co-founder Dustin Moskovitz sold 450,000 shares of the companyin the last few days for about $9 million. He still owns more than 133 million shares. The news comes after billionaire investor Peter Thiel unloaded the majority of his remaining Facebook sharesearlier this week. (Click here for extended-hours quote.)

Kayak - The online travel company posted earnings of 19 cents, missing expectations for 24 cents a share, in its first quarterly releasesince going public at the end of July. Excluding one-time items, the firm earned 22 cents a share.

But the company posted revenue of $77 million, edging past projections for $75 million. Shares fell after hours in thin trading. (Click here for extended-hours quote.)

Guess - The apparel retailer posted earnings of 49 cents a share, slightly below estimates for 50 cents a share. Meanwhile, the company reported sales of $635 million, topping expectations for $630 million. The company also lowered its guidance for the rest of the year, sending shares sharply lower in after-hours trading. (Click here for extended-hours quote.)

Krispy Kreme Doughnuts - The doughnut-store chain posted earnings of 12 cents a share, excluding one-time items, topping expectations for 5 cents a share. But revenue was slightly lighter than expected. In addition, the company handed in a full-year 2013 earnings guidance that blew past estimates. Shares jumped in extended-hours trading. (Click here for extended-hours quote.)

Ulta Salon - The company named Bruce Hartman as its new CFO. Hartman will succeed Gregg Bodnar, who has held the role of CFO since 2006. Shares slipped in extended-hours trading. (Click here for extended-hours quote.)

—By CNBC’s JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

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

  Price   Change %Change
FB
---
HPQ
---

Featured

  • 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.

  • Sharon Epperson is CNBC's senior commodities and personal finance correspondent.

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

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.

Executive Edge