Thursday's After-Hours Movers Led By Post-Earnings Alcoa, Ruby Tuesday, AngioDynamics And Hellen Of Troy

Shares of Alcoa Inc AA are down almost 5 percent on Thursday’s after-hours trading session, after the announcement of the company’s third quarter financial results.

The metals engineering and manufacturing company reported earnings of $0.07 per share on revenue of $5.573 billion, well below the Street’s consensus estimate of $0.14 per share and $5.67 billion. In addition, management trimmed its production guidance for the China, on the back of the sluggish economy, which will, in turn, take a toll on construction and the production of cars and trucks, which Alcoa supplies.

Ruby Tuesday, Inc. RT is also down, more than 8 percent, on its earnings report. The small-cap restaurants operator reported a net loss of ($0.03) per share, beating the Street’s consensus estimate of ($0.04) per share. However, sales of $279.48 million fell short of expectations for revenue of $282.45 million.

Yet another big loser on Thursday afternoon, following its earnings call, is AngioDynamics, Inc. ANGO, which is down roughly 6.5 percent. The small-cap medical devices company delivered earnings of $0.11 per share, in line with estimates and guidance. However, same as in Ruby Tuesday’s case, AngioDynamics’ revenue of $83.7 million came in below expectations of $84.75 million to $85 million.

On the other hand, Helen of Troy Limited HELE, which beat expectations on its top and bottom lines, is up more than 6.5 percent. The global consumer products company reported earnings of $1.12 per share on revenue of $369.13 million, considerably above the Street’s consensus, which called for earnings of $0.90 per share on revenue of $345 million.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsAfter-Hours Center
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...