These are the stocks making notable moves after the market close on July 18. Netflix — The streaming giant dipped less than 1% after beating estimates on the top and bottom lines for the second quarter. Netflix reported earnings of $4.88 per share on $9.56 billion of revenue. Analysts surveyed by LSEG had penciled in $4.74 per share on $9.53 billion of revenue. The company did project softer-than-expected revenue for the third quarter despite strong membership growth.
PPG Industries — Shares of the paint company fell about 3% after the company's third-quarter earnings guidance came in below expectations. PPG said it expects between $2.10 and $2.20 in adjusted earnings per share for the third quarter, compared to $2.28 per share expected by analysts, according to LSEG. The company reported $2.50 in adjusted earnings per share for the second quarter, which was 2 cents ahead of estimates.
France Dernières Nouvelles, France Actualités
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