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Showing posts with the label -quarter revenue

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: Block, PayPal, Carvana, Twilio and more

A Starbucks location in New York. Scott Mlyn | CNBC Check out the companies making headlines after hours. Block — The mobile payment stock jumped 12% after Block reported third-quarter results that beat on the top and bottom lines. Block reported earnings of 42 cents per share on revenue of $4.52 billion. Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 billion. PayPal — Shares declined more than 6%. PayPal reported earnings that surpassed profit and sales expectations . CEO Dan Schulman announced the company is working with Apple to enhance offerings for PayPal and Venmo merchants and consumers. Carvana — The online used car retailer stock dropped more than 8% after reporting disappointing third-quarter results on the top and bottom lines, according to consensus estimates from Refinitiv. Carvana said it's seeking to decrease expenses given the macro backdrop, and declined to give a 2023 quantitative outlook. Twilio — Shares tumbl...

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 ...

Dow drops over 600 points, Nasdaq nearly 4% lower as job gains remain steady, complicating Fed effort to lower prices

Stocks fell on Friday as traders evaluated September’s jobs report , which showed the unemployment rate continuing to decline and sparked an increase in interest rates . The Dow Jones Industrial Average fell 682 points, or 2.3%, to 29,264.39. The S&P 500 lost 3% to 3,642.68. The Nasdaq Composite slid 3.9% to 10,651.75, which is less than 1% above its low of the year. Friday’s jobs numbers showed the U.S. economy added 263,000 jobs in September, slightly below a Dow Jones estimate of 275,000. However, the unemployment rate came in at 3.5%, down from the 3.7% in the previous month in a sign that the jobs picture continues to strengthen even as the Federal Reserve tries to slow the economy with rate hikes to stem inflation. “While the data was about as expected, the drop in the unemployment rate is seemingly what the markets are obsessed with because of what it means for the Fed,” said Bleakley Financial chief investment officer Peter Boockvar. “When combined with the low level of ...

Stocks making the biggest moves premarket: DocuSign, Tesla, RH and more

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In this article DOCU RH ZS SPCE TSLA NAVI watch now VIDEO 1:31 01:31 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell. DocuSign — Shares of the electronic signature company surged 16.4% after the DocuSign's quarterly numbers beat Wall Street expectations. DocuSign also shared revenue guidance for the third quarter above expectations and an outlook for the full year that fell in line with estimates. related investing news Barclays downgrades student loan servicer Navient on risks from Biden's debt forgiveness plan Samantha Subin 42 minutes ago Sell Virgin Galactic as space flights get delayed, Bernstein says in downgrade Samantha Subin an hour ago Zscaler — Zscaler soared 14.1% after posting strong results for the recent quarter. The cloud security company reported adjusted earnings of 25 cents a share on $318 million in revenue. Analysts surveyed by Refinitiv had anticipated earnings of 20 cents a share on revenues of $305 milli...