Apple's shares fell approximately 3% in after-hours trading due to revenue guidance for the December quarter falling short of analyst expectations. The company anticipates revenue growth between 7% and 10%, while analysts had predicted a growth rate of 11.4%.
In contrast, Clorox Company saw a 2% increase in its stock price after reporting fiscal first-quarter earnings of $1.55 per share on adjusted revenue of $1.91 billion, surpassing analyst estimates of $1.07 per share and $1.88 billion in revenue.
Additionally, Palantir Technologies experienced a 2% decline in its shares despite reporting third-quarter earnings that exceeded Wall Street's expectations, with revenue nearly doubling year-over-year and surpassing $2 billion for the first time. Notably, Palantir's U.S. commercial revenue surged by 148% to $984 million, outpacing its U.S. government revenue of $953 million.
The company is projecting fourth-quarter revenue of approximately $2.65 billion and a full-year revenue of $8.53 billion for 2026