CrowdStrike shares jump after raised full-year adjusted guidance
CrowdStrike raised its full-year adjusted earnings guidance after strong second-quarter results: revenue $1.47B vs $1.44B estimate and adjusted EPS 31 cents vs 29 cents. Shares closed up 20.5% at $227.96.
On CNBC’s “ Halftime Report Final Trades,” Brian Belski, Founder, CEO and chief investment officer at Humilis Investment Strategies, recommended Marriott International, Inc. (NASDAQ: MAR ).
On the earnings front, Marriott International reported mixed second-quarter financial results on Aug.
3 and raised its FY2026 earnings forecast.
Jason Snipe, founder and chief investment officer of Odyssey Capital Advisors, named American Express Company (NYSE: AXP ) as his final trade.
Lending support to his choice, Piper Sandler analyst Bill Carcache on Aug.
12 maintained an Overweight rating on American Express and raised the price target from $396 to $405.
Don’t forget to check out our premarket coverage here Malcolm Ethridge, managing partner at Capital Area Planning Group, picked Global X Cybersecurity ETF (NASDAQ: BUG ).
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named CrowdStrike Holdings, Inc. (NASDAQ: CRWD ) following the release of quarterly earnings.
After the closing bell on Wednesday, CrowdStrike raised its full-year adjusted earnings guidance following strong second-quarter results.
CrowdStrike reported second-quarter revenue of $1.47 billion, beating estimates of $1.44 billion, while adjusted EPS of 31 cents topped expectations of 29 cents.
Revenue rose 26% year-over-year, with subscription revenue up 27% to $1.4 billion.
Price Action: Marriott fell 1.3% to close at $353.87 on Thursday.
American Express shares slipped 0.6% to settle at $334.16 during the session.
Global X Cybersecurity ETF jumped 10.4% on Thursday.
CrowdStrike shares rose 20.5% to settle at $227.96 during the session.
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