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This is the closing bell on the stock mover's report the company's making moves at the close of US trading with Carol Masser, Tim Stenoveck, Romaine Bostik, and Katie Greyfell.
We've also got some of our winners and gainers today. I was actually taking a look at Alta because that stock actually took a hit today. It was down about five percent. Reported first quarter results that beat the street, but shares fell. Some are saying that investors are focused on the modest increase to the company's full year earnings guide. And so again I think an example of a company where the bar was so high it just couldn't jump
over that hurdle. Because for all intents and purposes, Alta's report was pretty solid, Isabelle.
It really makes you think consumer sentiment is near historic lowis but stock market is at record high? So how do you reconcile those two very different stories? I mean, we're also seeing delinquencies across credit cards, auto loans, and mortgages. At what point does has become a broader market concern than like maybe just a financial household story.
All right, well, let's take forget to some of the gainers and decliners here. Let's just take a look at the IMAP giving you a sense here of the individual sectors in the SMP five hundred here on this Wednesday afternoon, here you did see a bump up in the energy index that is the big bulk of the green there as a group up about one and a half percent, largely because of that bump up in oil prices. You saw also in the green consumer staples, also in the
green healthcare, also in the green materials. Of course, not the type of sectors you want to see a bit of a defensive complexion with tech, the big red section of that circle there down about one and a half percent.
Okay, so even if I'm seeing red on the screen, there are still some bright spots. I want to talk about the gainers. Maybe, let's versiscuss Medtronic Tecker MDT shares end of the day higher by five percent. This is a medical devices maker. They reported revenue for the fourth quarter. That's our past expectations. Analysts noted that the twenty twenty seven adjusted EPs guidance will be in focused during the earnings call. City said that revenue guidance exceeded expectations. EPs
growth consistent with prior common terry EA. Let's also now go next to Mini Med. MMed shares are up by nearly sixteen percent. This is a diabetes device maker, so they reported fourth quarter net sales and a CGM attachment rate that's surpassed expectations. Many men also said it plans to commercialize du Well glucose key tone sensors with apputs. So I always look at diabetes stuff because for my family it's a matter of when you get it, not if.
But anyway, moving on lasses, Navetas and VTS shares are up by nearly twenty percent. This is a semiconductor manufacturer, so lots of good news for this company. It has two buys, five holds, and one sell.
There are a few things that we're watching here in the after hours of trade, waiting earnings out of Broadcom, the chip maker, as well as CrowdStrike. We're also waiting potentially for an updated S one filing out of SpaceX. Meanwhile, we are getting earnings out of five below. This is the discount retailer that had actually been round pretty hard into this earning sprint. The company is saying that In this fiscal first quarter, comp sales were up a phenomenal
comp sales were up by twenty three percent. The street was looking for eighteen percent net sales one point twenty nine billion, the street looking for one point twenty two billion on average adjustedps, also beating it two dollars and twenty two cents a share. But here's your guidance going forward. The company's saying is look for comp sales on the full year basis of six percent to eight percent at the hot low end of that range is basically on
the nose of what the street was expecting. Net sales a five point four billion to five point four eight billion dollars, which is a little bit wider than what they had previously guided for here, and adjusteddps of eight sixty five to nine oh five a share. So basically what you're looking at is a beat and raise quarter. But remember this is a stock that ed rally pretty hard into their earnings print here, So you see those
shares down about eight percent. We'll dive a little bit deeper to see whether there's something else going on underneath the surface. Are alexis all right?
I'm going to stick with the theme of down right now and give you some decliners on the day I spoke about Alta just a couple of moments ago. Want to shine a light on Global Payments. That stock in regular trading was down more than eight and a third percent. Some are saying that the stocks decline due to some street commentary suggesting second quarter estimates might need to be revised downward, but some analysts say those worries are overblown.
Mizoo host Security sees the sell off on Global Payments as overdone. They're recommending investors use it as an opportunity to buy on weakness. The analysts, they're saying there's no reason to believe two Q guidance should be changing. They point to the fact that Global Payments CFO affirmed the
outlook just a couple of weeks ago. And also, let's take a quick look at Palo Alto Networks as we wait for broad cooms or earnings to hit here after the bell, Palo Alto down more than five and a half percent in regular trading, despite the cybersecurity software maker providing delivering or rather delivering strong quarterly results the prior evening. This next day move may seem a bit odd given that the company did exceed expectatortions. All right, we've got
Viva out with earnings. Let's let's see what Romain's got for us.
All right, Well, let's actually go to CrowdStrike here, the cybersecurity company, where expectations are high after those earnings out of Palo Alto Networks yesterday. The company. I'm gonna actually start with the forecast here because this does appear to be moving the stock. So somebody says expect revenue for the full year five point nine to five point nine six billion dollars. That's a slight nudge up from its previous guidance of five point eight seven to five point
nine three, so not a whole lot of movement. There are a similar story with regards to it's adjusted EPs number four eighty eight to four ninety six. The previous guidance was four seventy eight two four ninety Here for the most recent quarter. They did beat, but only by about three cents a share on the bottom line for EPs in its most recent fiscal quarter, and on the revenue side, a slight beat there one point three nine billion.
The street was looking for one point three six billion there, so maybe not enough juice there to accommodate the run up that we had seen in those shares down about seven percent here in the after hour straight.
Maybe and also it could be that Palo Alto saying today because it I mean, it is fifty percent year to date, so maybe some investors taking a little money off the table.
The Stockmover's report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.