WD-40 Company (NASDAQ:WDFC) shares surged 15.27% to $275.99 in after-hours trading after reporting third-quarter results where revenue and earnings per share topped analyst estimates and the company raised its full-year outlook.
Earnings Beat Fuels Rally The global sales and marketing company announced third-quarter results for the period ended May 31 after the market closed on Thursday.
The results immediately resonated positively with the stock's performance, reversing an intraday decline of 2.91%.
WD-40 posted third-quarter net sales of $195.1 million, up 24% year-over-year.
The revenue surpassed analyst estimates by 13.05%.
