After-hours buzz: Whirlpool, Facebook and Cadence Design

  • 📰 CNBC
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

See which stocks are posting big moves after the bell on April 22.

div > div.group > p:first-child"> Shares of Whirlpool soared as much as 9% in extended trading Monday following the release of the home appliance company's mixed first-quarter earnings. Whirlpool posted earnings per share of $3.11 on revenue of $4.76 billion. Wall Street estimated earnings per share of $2.86 on revenue of $4.83 billion, according to Refinitiv.

North American revenues rang in at $2.5 billion, topping estimates. Asia revenues came in at $371 million, below the estimated $457 million. Cadence Design shares jumped more than 5% after hours Monday based on better-than-expected first-quarter earnings. The software company earned $577 million in revenue, topping analyst estimates of $569 million according to Refinitiv. Adjusted earnings per share were 54 cents, beating the forecast 49 cents.

Cadence Design gave guidance for second-quarter earnings per share and revenue that topped Wall Street's estimates. Facebook shares rose slightly after the bell Monday after the social media giant said it is hiring Jennifer Newstead as its general counsel. Newstead, most recently the legal adviser to the U.S. State Department, is replacing Colin Stretch. Facebook also named John Pinette as vice president of global communications.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After-hours buzz: J.B. Hunt, AT&T, American Airlines & moreSee which stocks are posting big moves after the bell on April 15.
Source: CNBC - 🏆 12. / 72 Read more »

After-hours buzz: Netflix, IBM, Qualcomm & moreSee which stocks are posting big moves after the bell on April 16.
Source: CNBC - 🏆 12. / 72 Read more »

After-hours buzz: Las Vegas Sands, Pier 1, Atlassian & moreSee which stocks are posting big moves after the bell on April 17. Happy to see that your crypto community is getting mature and growing fast. To stay tuned we highly recomment to check our partners instacryptonews , They have great service.
Source: CNBC - 🏆 12. / 72 Read more »

After-hours buzz: Intuitive Surgical, Pinterest & moreSee which stocks are posting big moves after the bell on April 18. So you participate in murdering America for money? My life means nothing? These criminals are taking down America & instead of helping you line your jacket w/$$$ Sad cnbc sad We all have roundworm. MuellerReport
Source: CNBC - 🏆 12. / 72 Read more »

Here’s How Human-Centered UX Design Is Changing The Future Of Warehouse OperationsIn the forklift industry, effective UX is not just desired, but required for success. It can help a forklift driver avoid health and safety dangers in the workplace, while also boosting the efficiency of factory and warehouse operations.
Source: Forbes - 🏆 394. / 53 Read more »