After-hours movers: Netflix falls following EPS, United Airlines gains
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After-Hours Movers:
Discover Financial Services (NYSE: DFS) 14% LOWER; reported Q2 EPS of $3.54, $0.18 worse than the analyst estimate of $3.72. Revenue for the quarter came in at $3.88 billion versus the consensus estimate of $3.88 billion.
Netflix (NASDAQ: NFLX) 5% LOWER; reported Q2 EPS of $3.29, $0.45 better than the analyst estimate of $2.84. Revenue for the quarter came in at $8.19 billion versus the consensus estimate of $8.27 billion. The company added 5.89 million subs - buyside expectations were around 4 million net subscriber additions.
Equity LifeStyle Properties Inc. (NYSE: ELS) 4% HIGHER; will replace Life Storage Inc. (NYSE: LSI) in the S&P MidCap 400 effective prior to the opening of trading on Monday, July 24
United Airlines (NASDAQ: UAL) 3% HIGHER; reported Q2 EPS of $5.03, $1.05 better than the analyst estimate of $3.98. Revenue for the quarter came in at $14.2 billion versus the consensus estimate of $13.9 billion. United Airlines sees FY2023 EPS of $11.00-$12.00, versus the consensus of $9.73.
Steel Dynamics (NASDAQ: STLD) 1% LOWER; reported Q2 EPS of $4.81, in-line with the analyst estimate of $4.81. Revenue for the quarter came in at $5.08 billion versus the consensus estimate of $5.53 billion.
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