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Earnings live updates: Zscaler stock plunges 31% on cautious guidance

negativeEarningsMulti dayYahoo Finance ·27 May 2026Original article ↗
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LIVE Earnings live updates: Zscaler stock plunges 31% on cautious guidance Yahoo Finance Updated Wed, May 27, 2026 at 6:56 PM GMT+2 Earnings season is winding down, with nearly all first quarter reports in the rearview mirror. S&P 500 companies have largely reported solid results and printed profits so far, even amid ongoing risks from the Iran war. The index is on track for double-digit earnings growth .

This week, market watchers will get some fresh updates from computer hardware companies, software companies, and retail companies, among others. Zscaler ( ZS ), Marvell Technology ( MRVL ), Salesforce ( CRM ), Costco Wholesale ( COST ), Abercrombie & Fitch ( ANF ), and Dell Technologies ( DELL ) are among the companies reporting this week. LIVE 2 updates 58 mins ago Grace O'Donnell Abercrombie & Fitch gains on earnings beat despite revenue miss Abercrombie & Fitch stock traded nearly 12% higher in afternoon trading on Wednesday after earnings beat expectations and strong sales in the Americas offset weakness elsewhere.

Investing. com reports: The retailer posted adjusted earnings per share of $1. 47, beating the analyst consensus of $1.

29 by $0. 18. However, revenue of $1.

1 billion came in below the $1. 12 billion estimate, though it represented a 2% increase from the prior year period. The company achieved an operating margin of 8.

0% with comparable sales declining 1%. Regional performance was mixed, with Americas net sales rising 3% and APAC surging 24%, while EMEA declined 10% as demand softened amid the Middle East conflict. By brand, Abercrombie grew 3% while Hollister remained flat compared to last year.

"We delivered record first quarter net sales and our 14th consecutive quarter of growth, reflecting our teams' consistent execution for our customers amid a dynamic global environment," said CEO Fran Horowitz. "Our bottom-line results reflect discipline and consistency, with both operating margin and earnings per diluted share exceeding our outlook. " Read more here.

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