9 months ago
57 Check retired the companies making headlines earlier the bell:
American Express — American Express slid 3% aft posting smaller-than-expected gross for the erstwhile quarter, adjacent arsenic net per stock bushed expectations. The institution reported second-quarter net of $2.89 per stock connected gross of $15.05 billion. Analysts polled by Refinitiv had expected per-share net of $2.81 connected gross of $15.48 billion.
AutoNation — Shares slid 3% adjacent aft AutoNation reported second-quarter results that bushed expectations. The institution bushed connected the apical and bottommost lines, reporting adjusted net of $6.29 per stock connected gross of $6.89 billion. Analysts expected per-share net of $5.91 connected revenues of $6.78 billion.
Sunnova Energy — The star institution shed 2% aft being downgraded by BMO to marketplace perform from outperform. BMO cited the challenging macro backdrop for residential star and said Sunnova's indebtedness issuances could measurement connected the stock.
CSX — CSX fell 4% aft the proscription institution missed gross expectations successful its 2nd quarter. CSX reported gross of $3.7 billion, little than the $3.74 cardinal statement estimation from Refinitiv. Earnings per stock came successful enactment with statement astatine 49 cents.
Capital One Financial — The fiscal banal roseate somewhat aft the institution posted better-than-expected net for the latest quarter. Capital One reported adjusted net of $3.52 per share, beating a Refinitiv estimation of $3.23 per share. However, its gross missed expectations. Total deposits besides decreased 2% astatine the extremity of the 2nd quarter.
PPG Industries — PPG Industries declined 2% adjacent aft reporting beardown second-quarter results. The supplier of paints, coatings and different materials posted adjusted net of $2.25 connected gross of $4.87 billion. Analysts polled by StreetAccount expected net of $2.14 per stock and gross of $4.84 billion. The institution besides raised its current-quarter and full-year net guidance.
Intuitive Surgical — Intuitive Surgical fell 4% aft the wellness attraction steadfast reported weaker-than-expected systems gross successful its 2nd quarter. Intuitive posted systems gross of $392.7 million, little than the $415.9 cardinal StreetAccount statement estimate. Otherwise, the institution bushed analysts' expectations. It posted adjusted net of $1.42 per stock and $1.76 cardinal successful revenue. Analysts polled by Refinitiv forecasted net of $1.33 per stock connected $1.74 cardinal successful revenue.
Knight-Swift Transportation — The proscription banal dropped much than 2% aft Knight-Swift reported lower-than-expected net successful its 2nd 4th and issued anemic guidance. Knight-Swift reported adjusted net of 49 cents per stock and $1.55 cardinal successful revenue. Analysts were expecting 55 cents successful net per stock and a quarterly gross of $1.60 billion, according to Refinitiv. The institution said brushed request and a humble emergence successful operator turnover wounded the firm.
Scholastic — Scholastic roseate 6% aft beating earnings-per-share expectations and sharing it volition rise its stock repurchase magnitude by $100 million. The steadfast posted $2.26 earned per share, higher than the forecast of $1.70, according to 1 expert surveyed by StreetAccount. Meanwhile, gross came successful astatine $428.3 million, little than the $541.8 cardinal expected.
— CNBC's Michelle Fox and Yun Li contributed reporting
