News Summary

Shares of Ross Stores Inc ROST fell about 1.5% after the company reported its Q3 results. The company's profit came in at $1.02 per share, up from $0.84 per share, in the year-ago quarter. The retailer's sales came in at $1.87 billion, up from $1.74 billion, in the year-ago period. However, the Wall Street analysts were expecting earnings at $0.99 per share on $1.87 billion in revenue. The company projects its Q4 earnings of $1.15 to $1.20 per share, versus analysts' estimates of $1.20 per share. Crude oil remained higher along with gold futures, after the Labor Department reported a rise to 439,000 in jobless claims in the latest week. However, economists were expecting an increase to 445,000 in the claims. Crude oil for January delivery rose 1.7% to $82.45 per barrel. Gold for December gained 1.3% to $1,354 an ounce. Shares of American Eagle Outfitters AEO gained about 2% after the company reported upbeat Q3 earnings. The company's Q3 earnings came in at $0.17 per share, down from $0.28 per share, in the year-ago quarter. AEO's adjusted earnings increased to $0.29 per share, from $0.25 per share. The company's revenue came in at $752 million. However, analysts expected earnings at $0.28 per share, on revenue of $752 million. Read more from Benzinga's Markets.