There are companies making news in after hours trading.
The social media stock plummeted after the bell. In the fourth quarter, it expects sliding revenue. The number of daily active users was higher than expected. Revenue was higher than last year in the third quarter. The two companies slid 4.6% and 2.6%.
The transportation company posted beats on top and bottom lines in the third quarter. The company reported adjusted earnings per share of 52 cents. The analysts predicted per-share earnings of 49 cents.
Robert Half International's shares are down. The employment agency missed expectations on both the top and bottom lines. According to StreetAccount, analysts expected per-share earnings of $1.62 on revenue of $1.92 billion.
The company's third-quarter net sales declined and its bottom line was hurt by short-term factors. The company missed expectations with adjusted earnings per share of $4.49 and revenue of $4.78 billion.
The bank's shares fell after it reported third-quarter earnings that beat expectations. The analysts had expected $7.09 per share. Despite market challenges affecting liquidity flows to private companies, rising rates and fear of recession, we continue to see strength and momentum in our underlying business, according to Greg Becker, president and CEO of SVB Financial Group.
The company's shares fell after the results were reported. Analysts had expected adjusted per-share earnings to come in at $1.24. The revenues were in line with expectations. The company lowered its fourth-quarter guidance. The company announced a $1 billion share buy back program.