Stocks Move After Hours on Earnings Reports

Palo Alto Networks, Cadence Design Systems, Caesars Entertainment, and Toll Brothers see stock price changes after releasing quarterly results.

Published on Feb. 19, 2026

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Several major companies saw their stock prices move in extended trading hours after reporting quarterly earnings results. Cybersecurity firm Palo Alto Networks issued a weak earnings forecast, causing its shares to tumble nearly 6%. Computational software company Cadence Design Systems saw its stock rise almost 4% after providing strong full-year earnings guidance. Casino operator Caesars Entertainment gained over 3% as its revenue and digital EBITDA beat expectations, while luxury homebuilder Toll Brothers dipped nearly 1% despite meeting consensus estimates.

Why it matters

Earnings reports and guidance from major companies can significantly impact their stock prices, especially in the after-hours trading session when the broader market is closed. These stock movements provide insights into investor sentiment and the overall performance of different industries.

The details

Palo Alto Networks issued a weak earnings forecast for the current quarter, with adjusted earnings expected to range from 78 to 80 cents per share, below the consensus estimate of 92 cents. Cadence Design Systems, on the other hand, provided strong full-year adjusted earnings guidance of $8.05 to $8.15 per share, in line with analyst expectations. Caesars Entertainment reported fourth-quarter revenue of $2.92 billion, topping the consensus, and its Caesars Digital adjusted EBITDA improved significantly year-over-year. Toll Brothers' fiscal first-quarter home sales revenue and homebuilding gross margins were in line with analyst estimates.

  • Palo Alto Networks, Cadence Design Systems, Caesars Entertainment, and Toll Brothers reported their latest quarterly results after the market closed on February 17, 2026.

The players

Palo Alto Networks

A leading cybersecurity company that provides firewall, cloud security, and other security solutions to enterprises.

Cadence Design Systems

A computational software company that provides design tools and services for the electronics and semiconductor industries.

Caesars Entertainment

A major casino and entertainment company that operates resorts and casinos in the United States.

Toll Brothers

A luxury homebuilder that constructs high-end residential properties in the United States.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The after-hours stock movements highlight the importance of quarterly earnings reports and guidance in shaping investor sentiment and stock prices, particularly for companies in the technology, gaming, and homebuilding sectors.