After-Hours Market Movers – Zulily (NASDAQ:ZU), Haverty Furniture (NYSE: HVT), Oil Tanking Partners (NYSE:OILT)

Technology Stocks News 3

Zulily (NASDAQ:ZU) is higher in after hours trading after the e-commerce company reported better-than-expected financial results for Q4, and issued revenue guidance for Q1 above estimates and for fiscal 2014 in line with forecasts. Shares are up 9.71% at $47, with a 52-week range of $34.19 – $44.96. ZU reported Q4 earnings of $0.10 per share, ex one-time items, compared with the prior-year period’s $0.03 per share. Revenue was $257 million, up from $128.48 million in the same quarter last year. Analysts polled by Capital IQ were expecting EPS of $0.04 on revenue of $225.47 million. The company expects revenue for Q1 to be $225 million – $235 million, versus the Street of $222.93 million. For fiscal 2014, ZU sees revenue of $1.1 billion – $1.5 billion, in line with the consensus of $1.11 billion.

Haverty Furniture (NYSE:HVT) is higher in Monday’s after hours session after the company reported financial results for Q4 that topped analysts’ expectations. Shares are up 3.83% at $28.19, with a 52-week range of $16.44 – $31.67. The specialty retailer of residential furniture and accessories reported Q4 earnings of $0.42 per share, compared with the prior-year period’s $0.30 per share. Revenue was $196.2 million, up 7.6% from $182.3 million in the same quarter last year. Comparable store sales were up 9.5%. Analysts polled by Capital IQ were expecting EPS of $0.39 on revenues of $193.63 million.

Shares in Oiltanking Partners (NYSE:OILT), a company that is engaged in the terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas, are edging higher in late trading after the company reported that financial results for Q4 improved versus the year ago quarter, but fell short of analysts’ expectations. OILT is up 0.84% at $62.56, with a 52-week range of $43.11 – $67.47. The company reported Q4 earnings of $0.69 per unit, compared with the prior-year period’s $0.30 per unit. Revenue was $60.2 million, up 77% from $34.1 million in the same quarter last year. Analysts polled by Capital IQ were expecting EPS of $0.73, if comparable, on revenues of $59.78 million.

 

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