Check out the companies making headlines after the bell. United Airlines – The airline’s shares fell more than 4% in extended trading after it warned that increased fuel costs and a halt to flights to Tel Aviv due to the Israel-Hamas war would hurt current quarter profits. United Airlines said it expected adjusted earnings between $1.50 and $1.80 per share, while analysts surveyed by LSEG, formerly known as Refinitiv, had expected $2.06 per share. For its most recent quarter, the company beat Wall Street expectations, reporting adjusted earnings of $3.65 per share on revenue of $14.48 billion. JB Hunt Transport Services – The transportation and logistics stock fell 2% after reporting third-quarter results that fell short of Wall Street expectations. JB Hunt reported earnings of $1.80 per share, while analysts surveyed by LSEG had expected $1.84 per share. Revenue was $3.16 billion, below expectations of $3.19 billion. Omnicom Group – Shares of the marketing company fell 2% despite the company narrowly beating analysts’ expectations in its latest quarterly report. Omnicom reported third-quarter earnings of $1.86 per share on revenue of $3.58 billion. Analysts polled by FactSet forecast earnings of $1.84 per share and revenue of $3.55 billion. Interactive Brokers Group – Shares of the electronic broker fell nearly 2% in after-hours trading. Interactive Brokers reported third-quarter adjusted earnings of $1.55 per share on adjusted revenue of $1.14 billion. Analysts polled by LSEG expected earnings of $1.51 per share and revenue of $1.11 billion. Viking Therapeutics – The biopharmaceutical stock rose 5% after the company reported promising new data from its Phase 1 trial of its weight loss drug known as VK2735. — CNBC’s Darla Mercado contributed reporting.

Source : www.cnbc.com

Leave a Reply

Your email address will not be published. Required fields are marked *