Market Insider

After-hours buzz: HP, Fresh Market, Intuit & more

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Check out the companies making headlines after the bell Thursday:

Shares of software and hardware maker Hewlett Packard fell about 1 percent after the company reported adjusted earnings of 88 cents per share, beating estimates by 3 cents. However, revenue came in at $25.3 billion, which was below forecasts of $25.44 billion. HP also issued light guidance for the current quarter and fiscal year.

Discount retailer Ross Stores beat on the top and bottom lines, but that was overlooked by the company's weak guidance for the third and fourth quarters. The stock plunged about 10 percent in the after-hours session.

Enterprise cloud services provider reported adjusted earnings of 19 cents a share on $1.63 billion in revenue, beating estimates for 17 cents a share on $1.60 billion in revenue. It expects current-quarter earnings of between 18 cents and 19 cents a share and revenue of between $1.69 billion and $1.70 billion. The Street expects earnings of 18 cents a share on $1.68 billion in revenue. Salesforce also said full-year earnings and sales to could come in above Wall Street forecasts. The stock rose about 5 percent in extended trading.

Intuit, the software company behind Turbotax and Quicken, reported a narrower-than-expected loss of 5 cents a share on $696 million in sales, compared with expectations of a loss of 11 cents a share on $793 million in sales. It also announced plans to sell its Quicken personal finance services unit and raised its dividend by 20 percent. Shares fell about 3 percent after hours.

Fresh Market shares fell as much as 12 percent after the specialty grocery chain missed profit and sales projections and issued weak guidance. The company also announced a-share repurchase program valued at about $200 million.

Brocade Communications jumped about 5 percent after the networking solutions provider reported adjusted earnings of 25 cents a share on $552 million in revenue, which was better-than-expected.

Gap, the retailer that operates Old Navy, Banana Republic and namesake stores, met profit estimates of 64 cents a share, but revenue missed forecasts. The company reported sales of $3.90 billion, which missed estimates of $3.97 billion, but it reiterated its full-year 2015 revenue guidance. The stock was about 3 percent higher after the announcement.