Apple Inc (NASDAQ:AAPL) climbed in after-hours trading after reporting first-quarter earnings per share of $4.18, beating the $4.17 consensus of analysts. For the three months ended December 29, the iPhone maker posted revenue of $84.3 billion, a decline of 5% from a year earlier.
The stock rose 3.9% to $160.64 in after-hours trading.
ebay Inc (NASDAQ:EBAY) advanced in extended trading as the online auction site topped Wall Street’s estimates for quarterly sales thanks to a busy holiday period. The company posted sales of $2.88 billion in the three months ended December 31, which came in ahead of analysts’ estimate of $2.86 billion.
Shares rose 2.2% to $32.42.
Square Inc's (NYSE:SQ) stock went straight down Tuesday afternoon after a Raymond James analyst downgraded the mobile payment company to Underperform from Market Perform. The analysts cited a lack of growth opportunities for the ratings cut, a CNBC report said.
Shares lost 10% to $68.56.
SeaWorld Entertainment Inc (NYSE:SEAS) submerged on reports that one of its orcas died Monday. The beleaguered marine-themed amusement park operator has faced ongoing criticism for the treatment of its killer whales in captivity.
Shares sank 3.7% to $26.25.
Harley-Davidson Inc (NYSE:HOG), the legendary motorcycle giant, saw shares go into reverse in New York after the company reported fourth-quarter earnings that missed analysts' expectations. Adjusted earnings for the three months came in at $0.17 per share, compared with $0.28, which had been forecast. Revenue was $1.15 billion, compared with the $1.05 billion consensus. The firm is having to deal with declining sales as its main riders get older, particularly in the US, which is its largest market. That said, it finished the year with 52,000 more riders than it had a year ago.
The shares shed 5% to stand at $34.76.
Xerox Corp (NYSE:XRX), the photocopy company, saw shares advance after it beat fourth-quarter profit estimates. The Connecticut-based company has been working hard to cut costs, and its net income came in at $137 million, or $0.56 per share, for the three months ended December 31, compared with a loss of $190 million, or $0.76 per share in the same period a year earlier. Total revenue fell 7.8% to $2.53 billion, missing estimates of $2.56 billion.
The stock gained 11% to $27.07.
Pfizer Inc (NYSE:PFE), the drug giant, saw its shares lose ground in New York on Tuesday, despite releasing fourth-quarter earnings that beat Wall Street's expectations. The market chose to focus instead on its 2019 adjusted earnings forecast of between $2.82 a share and $2.92 a share, which fell short of average analysts' estimates of $3.04 a share.
The stock dropped 3.2% to $40.77.
Contact Dennis Fitzgerald at [email protected]