These are the stocks posting the largest moves in after hours trading.
– 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 Refinitiv.– Shares are down 7.7% following its earnings report. The employment agency missed expectations on top and bottom lines, posting per-share earnings of $1.53 on revenue of $1.83 billion. Analysts anticipated per-share earnings of $1.62 on revenue of $1.92 billion, according to StreetAccount.– Shares shed 4.8% after the company said after the bell its third-quarter net sales declined and its bottom line was hurt by short-term headwinds. The company missed expectations on the top and bottom lines, posting $4.49 in adjusted earnings per share on revenue of $4.78 billion.– The bank's shares dropped 12.5% after it posted third-quarter earnings that beat expectations. SVB posted per-share earnings of $7.21, compared to analysts' expectations of $7.09 per share. "We continue to see strength and momentum in our underlying business, despite persistent market challenges affecting liquidity flows to private companies, rising rates and fear of recession," said Greg Becker, president and CEO of SVB Financial Group.– Shares slid 14% after the company reported its quarterly results. Adjusted per-share earnings came in at $1.44, compared to analysts' expectations of $1.24, according to Refinitiv. Revenues were in line with estimates at $4.81 billion. The company dialed back its fourth-quarter guidance for per-share earnings and revenue. Tenet also announced a $1 billion share buyback program.
Please follow us on Google to support us United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Unemployment, manufacturing activity reports, earnings and more: Thursday's 5 things to knowAT&T, American Airlines, Dow Inc., Nucor are set to release earnings Thursday morning, while Whirlpool and CSX will unveil figures in the afternoon.
Read more »
Too cheap? 18 stocks with single-digit P/Es that are expected to rallyThis year's relentless market sell-off may have made some stocks way too cheap, based on certain metrics.
Read more »
Snap Stock Plunges As Sales, Outlook DisappointSnap kicked off earnings season for social media and tech companies today on a sour note with solid user numbers but lower than expected revenue and a dim fourth-quarter outlook with sales expected to be flat. Shares are down nearly 25%
Read more »
Snap stock plummets more than 25% as online advertising continues to struggleSnap’s shares worsened as the stock plummeted more than 20% in after-hours trading. Snap reported revenue growth of less than 6%, and said sales are growing only 9% so far in the 4th quarter while declining to provide full holiday-season forecast.
Read more »