Stocks making the biggest moves midday: American Eagle Outfitters, American Airlines, Verint Systems and more
Take a look at the companies making headlines in midday trading.
American Eagle Outfitters
Shares fell more than 14% after the clothing retailer missed third-quarter revenue expectations and provided weak holiday guidance. The company anticipates comparable sales will increase 1% and total sales will decrease 4%. According to StreetAccount, analysts were expecting comparable sales growth of 2.2%.
american airlines
Shares rose 16.8% after the airline announced it will remove Barclays as a credit card partner, making Citi its only partner. The agreement with Citi is expected to take effect in January 2026.
Five down
The discount retailer rose more than 10% after beating Wall Street estimates in third-quarter results. Five Below reported adjusted earnings per share of 42 cents on revenue of $844 million. LSEG consensus forecasts called for 17 cents per share in earnings and $799 million in revenue.
general dollar
Shares rose slightly. The discount retailer lowered the top end of its full-year earnings guidance and now forecasts a range of $5.50 to $5.90 per share. This compares with a previous outlook calling for between $5.50 and $6.20 per share, and an estimate of $5.82 per share from analysts surveyed by FactSet.
sentinelone
Shares fell more than 13% following the cybersecurity company’s third-quarter results. SentinelOne reported adjusted breakeven earnings that were slightly below the consensus estimate of 1 cent per share, according to LSEG. On the other hand, revenue exceeded Street expectations.
AeroAmbiente
Shares fell nearly 16% after the unmanned aircraft systems maker provided a weak full-year forecast. For the full year, AeroVironment expects revenue to reach between $790 million and $820 million, less than the consensus estimate of $828 million, according to LSEG. The company also forecast disappointing full-year adjusted earnings, anticipating between $3.18 and $3.49 per share versus the consensus estimate of $3.49 per share.
ChargePoint Holdings
Shares of the electric vehicle charging station operator rose more than 10% after reporting third-quarter revenue of $99.6 million, while analysts surveyed by FactSet had anticipated revenue of $89.8 million. dollars.
Synopsis
Semiconductor stocks fell more than 12%. Synopsys issued weak guidance for its earnings and revenue in the fiscal first quarter. The company is calling for earnings to range between $2.77 and $2.82 per share, while analysts surveyed by LSEG were looking for $3.53 per share.
stamp jewelers
Shares fell about 12% after the jewelry retailer cut its full-year outlook. Signet now expects adjusted earnings of $9.62 to $10.08 per share, compared to previous guidance of $9.90 to $11.52 per share. The forecast also missed analysts’ estimate of $10.59 per share, according to FactSet.
Verint Systems
Shares rose about 23% after the company posted better-than-expected earnings and adjusted revenue for the third quarter. During the period, Verint earned 54 cents per share, excluding items, on revenue of $224.2 million. That’s above the 43 cents per share in earnings on $210.1 million in revenue that analysts surveyed by FactSet were expecting.
Southwest Airlines
Shares rose 2% after Southwest Airlines disclosed in a regulatory filing that it had raised its fourth-quarter guidance for operating revenue per available seat mile. The airline now sees a 5.5% to 7.0% increase from the same period last year, up from previous guidance of a 3.5% to 5.5% increase.
CNBC’s Brian Evans, Lisa Kailai Han and Sarah Min contributed reporting.
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