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Showing posts with the label -quarter results

Stocks making the biggest moves after hours: Snap, CSX, Whirlpool and more

In this article GOOGL META THC SIVB WHR SNAP RHI CSX Follow your favorite stocks CREATE FREE ACCOUNT Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in after-hours trading. Snap – The social media stock plummeted 25% after Snap's revenue came in lower than expected after the bell. The number of global daily active users came in higher than forecasted. The company&#x27 ;s third -quarter revenue was about 6% higher than last year. Meta and Alphabet also slid 4.7% and 2.6%, respectively. CSX – The transportation company is trading up 4.3% after it reported third-quarter results, posting beats on top and bottom lines. CSX reported 52 cents in adjusted earnings per share on revenue of $3.90 billion. Analysts predicted per-share earnings of 49 cents on revenue of $3.74 billion, according to Refi...

Stocks making the biggest moves midday: Snap, American Express, Verizon, Twitter and more

S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of the Snapchat parent company cratered 30% after missing revenue estimates and sharing its slowest sales growth since going public as advertising spending slows. The results from Snap hit other ad-reliant stocks, sending shares of Pinterest and Meta Platforms down about 7.7% and 2.6%, respectively. Twitter — The social media stock sank more than 4% Friday amid a slew of media reports surrounding Twitter and Elon Musk. The Washington Post reported on Thursday that the Tesla CEO told some potential investors that he would slash nearly three-quarters of Twitter's workforce in his deal to buy the company. Bloomberg reported that the Biden administration is weighing whether it should subject some of Musk's ventures to national security reviews. American Express – Shares of American Express fell about 3.5% even after the bank reported quarterly earnings and revenue that beat anal...

Stocks making the biggest moves after hours: Snap, CSX, Whirlpool and more

In this article GOOGL META THC SIVB WHR SNAP RHI CSX Follow your favorite stocks CREATE FREE ACCOUNT Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in after-hours trading. Snap – The social media stock plummeted 25% after Snap's revenue came in lower than expected after the bell. The number of global daily active users came in higher than forecasted. The company&#x27 ;s third -quarter revenue was about 6% higher than last year. Meta and Alphabet also slid 4.7% and 2.6%, respectively. CSX – The transportation company is trading up 4.3% after it reported third-quarter results, posting beats on top and bottom lines. CSX reported 52 cents in adjusted earnings per share on revenue of $3.90 billion. Analysts predicted per-share earnings of 49 cents on revenue of $3.74 billion, according to Refi...

Stocks making the biggest moves after hours: Tesla, IBM, Alcoa and more

In this article AA KMI LRCX IBM TSLA Follow your favorite stocks CREATE FREE ACCOUNT A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines after hours. Tesla — Shares dropped 3.7% after the electric vehicle maker reported third -quarter revenue that missed analyst expectations. Tesla reported earnings of $1.05 per share, compared to expectations of 99 cents adjusted earnings per share, according to analysts surveyed by Refinitiv. Revenue came in at $21.45 billion, less than the $21.96 billion expected. IBM — Shares jumped 3.9% after IBM beat analyst expectations in its third-quarter earnings results, and raised its full-year growth outlook. The tech company reported adjusted earnings of $1.81 per share, greater than the $1.77 per share expected by analysts, according to Refinitiv. Revenue came in at $14.11 billion, or more than the forecasted $13.51 billion. Lam ...

Stocks making the biggest moves midday: Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more

A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. Norwegian Cruise Line — Shares sank nearly 12% on Tuesday after the company reported second -quarter results that missed Wall Street's expectations and showed occupancy rates of only 65%, compared to more than 100% in the same quarter in 2019. In addition, the cruise line said that it wouldn't return to pre-pandemic occupancy levels until next year, signaling losses will continue. Micron Technology — The chipmaker's shares lost 5% after the company reported a decline in demand for its DRAM and NAND chips and said it expects a challenging market environment in in the fiscal fourth quarter of 2022 and fiscal first quarter 2023. Several other chip stocks fell with Micron. Applied Materials, On Semiconductor and Teradyne each fell abou...