9 months ago
57 The Tesla mill successful Tilburg, Netherlands.
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Check retired the companies making headlines successful extended trading.
Netflix — The streaming giant's shares tumbled much than 5% aft posting its quarterly results Wednesday aft hours. The institution said it was excessively aboriginal to measure the effects of its crackdown connected its password sharing and gross from its ad-supported offering. In its latest quarter, Netflix posted net of $3.29 per stock connected gross of $8.19 billion. Analysts polled by Refinitiv called for net of $2.86 per stock and gross of $8.3 billion.
IBM — The concern services company's shares shed 0.7% pursuing its mixed second-quarter earnings report. The institution posted gross of $15.48 billion, missing Wall Street's forecast of $15.58 billion, according to Refinitiv. IBM reported adjusted net of $2.18 per share, which was higher than analysts' statement estimation of $2.01 per share.
Tesla — Tesla shares fluctuated adjacent the flatline pursuing its second-quarter net announcement. While the institution reported record-high quarterly revenue, operating margins besides fell to 9.6%, the lowest level successful the past 5 quarters owed to terms cuts and incentives.
United Airlines — United Airlines shares jumped 2.5% aft its second-quarter earnings and gross topped analysts' expectations contempt formation disruptions astatine its Newark, New Jersey, hub. The institution posted adjusted net of $5.03 per stock and full gross of $14.18 billion. Meanwhile, analysts polled by Refinitiv had estimated $4.03 net per stock and $13.91 cardinal successful revenue. The institution besides announced a stronger-than-expected forecast for the existent quarter. American Airlines shares gained 1.4% pursuing the news.
Zions Bancorp — The determination slope banal rallied 7% aft its net results topped analysts' estimates. Zions posted $1.11 net per stock successful the 2nd quarter, portion analysts' statement estimates were $1.08, according to FactSet.
Las Vegas Sands — The edifice developer's banal declined astir 3%. The enactment came contempt a bushed connected the apical and bottommost lines. Las Vegas Sands posted adjusted net of 46 cents a stock connected gross of $2.54 cardinal successful the 2nd quarter. Analysts polled by Refinitiv anticipated net of 43 cents per stock connected gross of $2.39 billion.
Discover Financial — Shares of the integer banking institution plunged 13% aft its second-quarter results missed analysts' estimates. Discover Financial posted $3.54 net per stock connected gross of $3.88 cardinal successful the 2nd quarter. Analysts had anticipated $3.67 net per stock and gross of $3.88 billion, according to FactSet. Discover disclosed it's successful discussions with regulators implicit a "card merchandise misclassification" issue. The institution has besides paused stock buybacks.
