After-Hours Movers 04/20: (CCK) Higher; (CACC) (IBM) (TW) Lower (more...)

Today's After-Hours Movers

Credit Acceptance (NASDAQ: CACC) 7.7% LOWER; says the current outbreak of COVID-19 has adversely impacted its business.

IBM (NYSE: IBM) 3.4% LOWER; reported Q1 EPS of $1.84, $0.05 better than the analyst estimate of $1.79. Revenue for the quarter came in at $17.6 billion versus the consensus estimate of $17.62 billion.

Tradeweb Markets (NASDAQ: TW) 2.8% LOWER; commences underwritten primary offering of shares of its Class A common stock

Crown Holdings (NYSE: CCK) 2.8% HIGHER; reported Q1 EPS of $1.13, $0.21 better than the analyst estimate of $0.92. Revenue for the quarter came in at $2.75 billion versus the consensus estimate of $2.73 billion. Previous financial guidance for 2020 withdrawn.

Grocery Outlet Holding Corp. (NASDAQ: GO) 2% LOWER; announced that certain selling stockholders of the Company, including the selling stockholder affiliated with Hellman & Friedman LLC (the H&F Investor), have commenced an underwritten public offering of 10,000,000 shares of the Companys common stock pursuant to a registration statement filed with the Securities and Exchange Commission. Additionally, the H&F Investor intends to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of the Companys common stock.

Darden Restaurants (NYSE: DRI) 1.3% LOWER; Q4 to date same-restaurant sales declined by 44.7%. Also, announced that it has commenced an underwritten public offering of $400 million of shares of its common stock.

Zions Bancorp (NASDAQ: ZION) 1% LOWER; reported Q1 EPS of $0.04, may not compare to the analyst estimate of $0.56.

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