Snap's shares dropped by 25% following the fall. Snap’s Revenue was slightly lower than expected. Following the bell. It Revenue is also predicted to fall in the fourth quarter. Global daily active users increased quicker than expected. The The company's third-quarter revenue increased by almost 6% over the previous year. Alphabet and Meta The drops were also 4.7%, 2.6%, and 2.6%, respectively.
CSX - The transportation firm is up 4.3% on the release of third-quarter results. The company outperformed on both the top and bottom lines. CSX reported adjusted earnings per share of 52 cents on $3.90 billion in revenue. Analysts Earnings per share are expected to be 49 cents on $3.74 trillion in revenue. Refinitiv.
Shares of Robert Half International Shares plummeted 7.7% following its earnings announcement. The employment agency reported earnings per share of $1.53 on revenue of $1.83 billion, which fell short of estimates. Analysts at StreetAccount predict that profits per share will be $1.62 on $1.92 billion in revenue.
Whirlpool - Stocks Following the bell, the company said that third-quarter net sales were down and that short-term challenges had caused a 4.8% reduction in its bottom line. The company fell short on both the top and bottom lines, reporting $4.49 adjusted earnings per share on $4.78 million in revenue.
The SVB Financial Bank shares slumped 12.5% after reporting third-quarter earnings that exceeded expectations. SVB announced earnings per share of $7.21, which were lower than analysts' forecasts of $7.09 per share. "Despite continuous market issues hurting cash flows to private companies, rising rates, and recessionary fears, we continue to observe strength and momentum in our underlying business," said Greg BeckerSVB President and CEO Financial Group.
Shares of Tenet Healthcare The company's quarterly sales dropped by 14%. According to Refinitiv, adjusted per-share earnings were $1.44, compared to analyst projections of $1.24. Revenues were close to the $4.81 billion expectation. The The company decreased its fourth-quarter earnings per share and revenue forecast. Tenet also announced a $1 billion stock repurchase program.