Stocks To Watch (COO, ZUMZ, XOMA, NVLS)


The Cooper Companies, Inc. (NYSE:COO) shares jumped 1.77% to $76.60 in after-hours following the company reported better than estimated third quarter results on late Wednesday. The company said that it earned $1.15 a share on revenue of $351 million, ahead of analysts’ estimates of a profit of $1.09 a share on revenue of $331 million.

The company also provided an updated its guidance and said that it expects to earn $1.19-$1.24 a share on revenue of $350 million-$365 million in its fourth quarter. However, the company reduced its projections for the full year and now expects to earn $4.00-$4.15 a share on revenue of $1.28 billion-$1.30 billion.

Zumiez Inc. (NASDAQ:ZUMZ) shares slumped 3.41% in the extended hours following the company reported its second quarter results and provided weak outlook for the current quarter. The company said that it earned 8 cents a share on revenue of $112.2 million in its latest quarter.

However, the company now projects to earn 37-39 cents a share in the third quarter, missing analysts’ estimates of profit of 44 cents a share.

XOMA Limited (NASDAQ:XOMA) late Wednesday announced an immediate departure of its Chairman and CEO Steve Engle and has replace him with John Varian as the interim CEO.

The stock ended 4.85% lower in the regular session on Wednesday.

Novellus Systems, Inc. (NASDAQ:NVLS) shares added 1.90% in After-hours following the company said that it expects to earn 65-75 cents a share in its third quarter, compared to its previous guidance of 60-75 cents a share.

However, the company reduced its revenue projection to $300 million to $320 million, from $300 million to $340 million range.

Analysts are expecting 68 cents a share on revenue of $322 million.

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