Shares of Fitbit Inc FIT were trading down more than 14.5 percent on Monday’s after-hours session, following the announcement of the company’s fourth quarter fiscal 2015 financial results.
The wearables maker posted earnings of $0.35 per share, $0.10 better than the Street’s consensus. Revenue of $711.6 million also came in ahead of expectations for $647.82 million. However, guidance for the first quarter was quite soft as manufacturing costs and shipment timings increased.
Texas Roadhouse Inc TXRH, on the other hand, was trading up about 4 percent on its earnings call. The restaurant company reported earnings of $0.32 per share, beating the Street’s consensus of $0.30 per share. Revenue of $454.35 million beat expectations for $453.42 million as well.
Back to losers, there’s Tenet Healthcare Corp THC, down almost 4 percent since the bell rang.
The healthcare services firm delivered earnings of $0.35 per share, $0.01 above consensus, on revenue of $5.026 billion, which also was better than the expected $4.82 billion. However, once again, poor guidance drove the shares down in the after-hours session.
Other stocks moving on Monday’s after-hours session included:
- GenMark Diagnostics, Inc GNMK, down more than 10 percent.
- Chegg Inc CHGG, down more than 20 percent.
- Flex Pharma Inc FLKS, up about 8.2 percent.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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