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Shares making the most important strikes after hours: Keysight Applied sciences, Los angeles-Z-Boy, Dolby Laboratories and extra

Shares making the most important strikes after hours: Keysight Applied sciences, Los angeles-Z-Boy, Dolby Laboratories and extra
November 20, 2024



Take a look at the corporations making headlines in prolonged buying and selling: Keysight Applied sciences — Stocks added greater than 8%. The electronics check and size apparatus corporate’s fiscal fourth-quarter effects beat analysts’ estimates at the best and backside strains. Keysight additionally issued a rosy outlook for the present quarter, expecting adjusted profits starting from $1.65 to $1.71 in keeping with proportion, whilst analysts polled via FactSet known as for $1.57 in profits in keeping with proportion. Dolby Laboratories — The audio generation corporate complicated 10% after its fiscal fourth-quarter profits of 61 cents in keeping with proportion crowned Side road estimates of 45 cents in keeping with proportion, in keeping with FactSet. Dolby additionally larger its dividend via 10% to 33 cents a proportion. Powell Industries — The producer {of electrical} apparatus slipped virtually 14%. Web new orders for fiscal 2024 got here in at $1.1 billion, in comparison to $1.4 billion within the year-ago duration. The corporate famous that the decline used to be in large part because of the inclusion of 3 huge megaprojects in Powell’s oil and fuel and petrochemical sectors in fiscal 2023. Azek Corporate — Stocks of the residential siding and trim corporate ticked up 2% after its fiscal fourth-quarter effects beat analysts’ estimates. Azek reported profits of 29 cents in keeping with proportion on income of $348.2 million. Analysts surveyed via FactSet had been on the lookout for profits of 27 cents in keeping with proportion and $339.1 million in income. Los angeles-Z-Boy — The furnishings corporate received just about 3% following fiscal second-quarter effects. Los angeles-Z-Boy reported profits of 71 cents in keeping with proportion on income of $521 million. This is an development from the year-ago duration, wherein the corporate posted profits of 63 cents in keeping with proportion and income of $511.4 million. Los angeles-Z-Boy additionally upped its quarterly dividend via 10% to 22 cents in keeping with proportion.

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