Stocks making the biggest moves after hours: Avis, Stryker and more

Stocks making the biggest moves after hours: Avis, Stryker and more


A customer waits for his car at the garage of Avis Budget Group at the San Francisco airport.

David Paul Morris | Bloomberg | Getty Images

Check out the companies making headlines in after-hours trading.

Avis Budget Group – Shares of the budget care rental company jumped 2% following its quarterly results. Avis reported adjusted per-share earnings of $21.70, compared to expectations of $14.64 per share, according to Refinitiv.

Stryker – The medical technology company fell 5.5% after it reported a miss on the top line in its latest quarterly results. Stryker posted adjusted earnings per share of $2.12, compared to estimates of $2.23, according to Refinitiv. The company narrowly beat expectations on revenue.

Hologic – Shares of the medical supplier added 7.5% as it beat expectations of analysts’ expectations on top and bottom lines for the latest quarter, according to Street Account. For the fiscal year ending September 2023, the company expects earnings per share between $3.30 and $3.60 compared to FactSet’s expectation of $3.43, while revenue is expected by the company between $3.7 billion and $3.9 billion against the anticipated $3.81 billion.

Goodyear Tire & Rubber Company – Shares of the tire company tumbled more than 8%. Goodyear posted quarterly earnings per share of 40 cents on revenue of $5.31 billion. Analysts expected per-share earnings of 55 cents on revenue of $5.36 billion, according to Street Account.

IDEXX Laboratories – The science company with a focus on animals and water added 2.8% in post-market trading as investors looked to earnings coming Tuesday ahead of the market’s open.



Source

Gap raises guidance ahead of holidays after storms, warm weather slowed sales
Business

Gap raises guidance ahead of holidays after storms, warm weather slowed sales

Hurricanes and unseasonably warm weather hit sales at Gap during its fiscal third quarter, but the apparel company still posted better than expected results, leading it to raise its annual guidance for a third time this year.  Gap, which runs Old Navy, Banana Republic, Athleta and its namesake banner, is now expecting fiscal 2024 sales […]

Read More
Crypto investor pays  million for a banana — and plans to eat it
Business

Crypto investor pays $6 million for a banana — and plans to eat it

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of crypto and viral art. […]

Read More
SailGP signs Rolex as first title partner of global sailing competition
Business

SailGP signs Rolex as first title partner of global sailing competition

SailGP signs Rolex as first title partner of global sailing competition Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP, which kicks off the 2025 season in Dubai on Saturday, will now be known as the “Rolex SailGP Championship.” “Leading into […]

Read More