All Rights Reserved Finance News 2020.
Stocks making the biggest moves after hours: Netflix, United Airways, Interactive Brokers & more
Mario Tama | Getty Photos Information | Getty Photos
Take a look at the firms making headlines after the bell:
United Airways — Shares of United added about 2% in after-hours trading following the airline’s better-than-expected monetary outcomes as journey rebounded in the third quarter. United posted a lack of $1.02 per share, narrower than the $1.67 loss per share anticipated, in line with Refinitiv. The corporate’s income additionally got here in increased than estimated.
Netflix — Netflix shares whipsawed in prolonged trading after the streaming big beat Wall Avenue estimates on earnings and subscriber development. The corporate reported revenue of $3.19 per share versus the Refinitiv consensus of $2.56 per share. Netflix additionally noticed 4.Four million world paid web subscriber additions in the third quarter, solidly beating the StreetAccount estimate of three.84 million.
Interactive Brokers — Shares of Interactive Brokers fell about 1% after hours regardless of an earnings beat. The monetary companies firm reported revenue of 78 cents per share versus 76 cents anticipated, in line with Refinitiv.
Omnicom Group — Omnicom Group shares slipped more than 3% throughout prolonged trading following the media firm’s third-quarter outcomes. The corporate earned $1.65 per share in comparison with the $1.37 analysts surveyed by StreetAccount have been anticipating. Income got here in at $3.44 billion, barely wanting the anticipated $3.46 billion.
Brinker Worldwide — Shares of Brinker Worldwide declined 10% after the firm issued preliminary monetary outcomes for its fiscal first quarter. “The covid surge beginning in August exacerbated the industry-wide labor and commodity challenges and impacted our margins and backside line more than we anticipated,” CEO Wyman Roberts mentioned in an announcement. The Chili’s mother or father now expects adjusted earnings of 34 cents, in comparison with the 69 cents Wall Avenue was anticipating. Brinker Worldwide will put up outcomes on November 3.
—CNBC’s Pippa Stevens contributed to this report.