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.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Stocks making the biggest moves after hours: Netflix, IBM, Alcoa and moreSee which stocks are posting big moves after the bell on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: UnitedHealth, JP Morgan, Johnson & Johnson and moreThese are the stocks posting the largest in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

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
Source: BusinessInsider - 🏆 729. / 51 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »