Signage outside the Netflix office building on Sunset Boulevard in Los Angeles, California, on Monday, April 19, 2021.
Bing Guan | Bloomberg | Getty Images
Check out the companies making headlines on Tuesday after the bell:
Netflix – Shares of the streaming giant fell 10.4% after the company reported a massive misstep in subscriber numbers. Netflix added 3.98 million paid net subscribers. Analysts polled by FactSet expected an increase of 6.2 million subscribers. Weaker-than-expected subscriber growth overshadowed stronger-than-expected revenue and revenue for the previous quarter.
CSX – Shares of the rail operator fell 1.8% after the company announced mixed first quarter results. CSX recorded earnings per share of 93 cents on revenues of $ 2.81 billion. Analysts polled by Refinitiv expected earnings per share of 95 cents on revenue of $ 2.78 billion.
Interactive Brokers – Shares of the brokerage firm rose 2.1% after the company delivered better-than-expected first-quarter results. The company posted earnings per share of 98 cents on sales of $ 893 million. Analysts polled by Refinitiv predicted earnings per share of 91 cents at $ 737 million.
Tenet Health – Tenet Health’s stock rose 3.8% after the company posted first-quarter results that exceeded analyst expectations. The company recorded earnings per share of $ 1.30 on revenues of $ 4.78 billion. Analysts polled by Refinitiv predicted earnings per share of 72 cents on revenue of $ 4.77 billion.
Intuitive Surgical – Intuitive Surgical’s stock fell nearly 4% after the company recorded first-quarter revenues that exceeded analysts’ forecasts. The company posted earnings per share of $ 3.52 on revenues of $ 1.29 billion. Analysts polled by Refinitiv expected earnings per share of $ 2.63 on sales of $ 1.11 billion.