Shares making the largest strikes after the bell: Toll Brothers, Levi Strauss
Customers see goods in an experience space in the Sonos store in New York.
Gabby Jones | Bloomberg | Getty Images
Check out the companies that hit the headlines on Tuesday after the bell:
Toll Brothers – The housing company’s shares rose 2.4% after Toll Brothers increased its quarterly dividend by 54% to 68 cents a share. The increased dividend will be payable on April 23rd.
MongoDB – MongoDB stocks rose 0.7% after the database services company reported better-than-expected fourth-quarter results. MongoDB posted a loss per share of 33 cents on revenue of $ 171 million. Analysts polled by FactSet expected a loss of 39 cents per share on sales of $ 157 million.
Sonos – Sonos shares were down 0.8% after the company announced a fiscal 2024 revenue target of $ 2.25 billion, an average annual growth rate of 13% that is at the center of its expectations for the fiscal year 2021 is based. The company also announced the release of a new portable speaker called Roam, which will go on sale on April 20th this year.
AeroVironment – The aircraft maker’s stock fell 2.4% despite beating Wall Street’s estimates for fiscal third quarter results. AeroVironment achieved earnings per share of 14 cents on sales of $ 78.8 million. Analysts surveyed by FactSet expected the company to break even for the quarter with revenue of $ 75.5 million.
Levi Strauss – Levi Strauss shares fell 1% after the company announced that chairman Stephen Neal will step down from his position effective March 26. He is replaced by Robert Eckert.