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