After-Hours Stock Movers 10/20: (CSX) (THC) (CNI) Higher; (ADMA) (LRCX) (AMAT) Lower (more...)
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After-Hours Stock Movers:
ADMA Biologics, Inc. (Nasdaq: ADMA) 6.3% LOWER; announced that it intends to offer shares of its common stock for sale in an underwritten public offering.
IBM (NYSE: IBM) 4.3% LOWER; reported Q3 EPS of $2.52, $0.02 better than the analyst estimate of $2.50. Revenue for the quarter came in at $17.6 billion versus the consensus estimate of $17.77 billion.
CSX Corp. (NASDAQ: CSX) 2.9% HIGHER; reported Q3 EPS of $0.43, $0.03 better than the analyst estimate of $0.40. Revenue for the quarter came in at $3.29 billion versus the consensus estimate of $3.15 billion.
Tenet Healthcare (NYSE: THC) 2.2% HIGHER; reported Q3 EPS of $1.99, $1.03 better than the analyst estimate of $0.96. Revenue for the quarter came in at $4.89 billion versus the consensus estimate of $4.77 billion. Tenet Healthcare sees FY2021 EPS of $6.15-$6.38, versus the consensus of $5.57.
Lam Research (NASDAQ: LRCX) 2.1% LOWER; reported Q2 EPS of $8.36, $0.15 better than the analyst estimate of $8.21. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.32 billion. Lam Research sees Q3 2022 EPS of $7.87-$8.87, versus the consensus of $8.47. Lam Research sees Q3 2022 revenue of $4.15-4.65 billion, versus the consensus of $4.4 billion.
Canadian National (NYSE: CNI) 1.7% HIGHER; Activist Elliott Management has a large stake in the company and supports the CEO, Dow Jones reported.
Applied Materials, Inc. (NASDAQ: AMAT) 1.3% LOWER; down on LRCX's results.
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