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Stocks making the biggest moves after hours: Intuitive Surgical, Netflix and more

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Western Alliance Bancorp,Plug Power Inc,PPG Industries Inc

Earnings reports were driving stock moves in extended trading on Thursday.

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.

 

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