Stocks making the biggest moves premarket: IBM, Morgan Stanley, Honeywell, Netflix & more

, compared to a consensus estimate of $1.04 a share. Revenue also beat forecasts and Netflix saw an addition of 6.77 million paying subscribers during the quarter.

The company warned, however, that increasing competition could weigh on subscriber growth during the remainder of the year.– The company earned an adjusted $2.68 per share for the third quarter, a penny a share above estimates. Revenue came in below analysts' forecasts, however, with IBM reporting a fifth consecutive quarter of falling sales thanks to weakness in the company's legacy businesses.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves after hours: Netflix, IBM, Alcoa and moreSee which stocks are posting big moves after the bell on Wednesday.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks making the biggest moves midday: UnitedHealth, JP Morgan, Johnson & Johnson and moreThese are the stocks posting the largest in midday trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »

IBM says buying Red Hat is paying off, but its revenue falls again - Business Insider'Patience is wearing thin' as IBM reports yet another quarter of falling revenues, but its $34 billion Red Hat buy is a bright spot
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

IBM set to report earnings after the bellIBM closed its $34 billion Red Hat acquisition in the third quarter and lowered its full-year earnings estimates.
La source: CNBC - 🏆 12. / 72 Lire la suite »