SAN FRANCISCO (MarketWatch) — Among the businesses whose shares are anticipated to see lively commerce in Friday’s session are Oracle Corp., Smith & Wesson Holding Corp., and Family Dollar Stores Inc.
After Thursday’s closing bell, Oracle
stated its fiscal fourth-quarter revenue fell to $three.65 billion from $three.81 billion a yr earlier. Per-share earnings have been unchanged at 80 cents a share whereas adjusted earnings got here in at 92 cents a share, in need of 95 cents a share forecast by analysts in a FactSet survey. Revenue rose $11.three billion from $10.95 billion. Oracle shares declined greater than 6% in after-hours buying and selling.
Smith & Wesson
reported fiscal fourth-quarter revenue of $25.1 million, or 45 cents a share, in contrast with $25.2 million, or 39 cents a share, a yr in the past. Revenue fell to $170.four million from $178.7 million. In the present quarter, the corporate expects to earn between 23 cents and 25 cents a share and between $1.30 and $1.40 a share for the complete yr. Analysts are projecting earnings of $1.50 a share for the complete yr. Shares of Smith & Wesson dropped 12% in after hours.
Activist investor Carl Icahn launched a letter to Family Dollar Stores’ Chief Executive Howard Levine by which he famous their variations over the way forward for the corporate. Icahn, who holds a 9.four% stake within the low cost retailer chain, believes the corporate can do extra to be aggressive and warned that “consolidation in this space is inevitable.” Shares of Family Dollar
rose 2.7% in after hours.