Company News from March 14, 2022

  • BKE shares of The Buckle Inc. rose 1.3% after the company reported adjusted earnings per share of $1.69 for the fourth quarter of fiscal 2021, beating Zacks consensus estimate of $1.48.
  • Oracle Corp.’s ORCL shares. gained 1.5% after the company reported revenue of $10.5 billion in the third quarter of fiscal 2022, beating the Zacks consensus estimate by 0.02%.
  • Shares of DocuSign Inc. DOCU fell 20.1% after providing a disappointing financial forecast for fiscal year 2023.
  • Shares of Rivian Automotive Inc. RIVN fell 7.6% after posting an adjusted loss per share of $2.43 in the fourth quarter of 2021, worse than the Zacks consensus estimate of a loss of 1.58 $ per share.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Karen J. Nelson