Market overview
After-hours trading showed pronounced divergence among corporate results, with several technology firms posting results that exceeded expectations and delivering guidance that pushed shares higher, while some retailers and cybersecurity companies saw their stocks decline after reporting mixed or softer-than-expected revenue or guidance.
Dell Technologies (DELL)
Dell Technologies jumped 17% in after-hours trading after reporting an unexpectedly strong first quarter. The company posted earnings per share of $4.86, surpassing estimates by $1.98, and generated revenue of $43.8 billion versus the consensus of $34.81 billion. Management provided robust full-year fiscal 2027 guidance, projecting revenue in a range of $165 billion to $169 billion, well above the analyst consensus of $143.9 billion.
MongoDB (MDB)
MongoDB rallied 25% after hours following a quarter that beat expectations. The database platform reported EPS of $1.32 and revenue of $687.6 million. It also issued full-year fiscal 2027 guidance calling for EPS of $5.95 to $6.14 and revenue of $2.92 billion to $2.96 billion, figures that the market received positively.
American Eagle Outfitters (AEO)
American Eagle Outfitters declined 11% in extended trading despite a modest beat on the quarter. The retailer reported EPS of $0.14 and revenue of $1.2 billion. Investors appeared unimpressed by the slight upside, with the reported topline and bottom-line figures insufficient to generate positive momentum given market expectations.
NetApp (NTAP)
NetApp rose 8% after the company posted strong fourth-quarter results. NetApp reported EPS of $2.43 and revenue of $1.95 billion, both ahead of Wall Street forecasts. The company also raised its fiscal year 2027 EPS outlook to a range of $8.70 to $9.00 compared with the consensus of $8.53.
The Gap, Inc. (GAP)
The Gap fell 13% after missing first-quarter revenue expectations. The company reported revenue of $3.5 billion against estimates of $3.53 billion, while delivering a slight EPS beat of $0.38. The stock reaction was amplified by a reduction in the fiscal year 2026 outlook, with management lowering its year-over-year revenue growth projection to a range of 1% to 2%.
SentinelOne, Inc. (S)
SentinelOne plunged 16% after reporting first-quarter revenue of $277 million, narrowly missing the consensus of $277.38 million. The drop intensified after the company issued second-quarter revenue guidance of $289 million to $291 million, below the $292 million analysts were expecting.
Autodesk (ADSK)
Autodesk slipped 4% in late trading despite beating first-quarter expectations with EPS of $2.99 and revenue of $1.93 billion. The design software vendor raised guidance for the coming quarter and for fiscal year 2027, yet shares experienced modest downward pressure in after-hours action.
Summary of price action and sentiment
The session featured strong positive reactions to companies that both beat estimates and issued ambitious forward guidance, while misses or softer guidance on revenue drove meaningful after-hours selloffs among certain retail and cybersecurity names.