Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) surged more than 1.5 percent in Monday’s after-hours, before falling to $71.60, still up more than 0.2 percent since the bell rang. The rise comes ahead of the Chinese travel services provider’s second quarter earnings call, scheduled for 8:00 pm ET.
According to Estimize, Ctrip.com is expected to deliver a substantial year-over-year decline in earnings. In the second quarter of 2014, earnings came in at $0.14 per share, on revenue of $277.62 million; for the current quarter, the Street is modeling a net loss of ($0.03) per share on sales of $407.79 million, while the crowd is projecting earnings of $0.03 per share on revenue of $410.99 million.
Texas Roadhouse Inc (NASDAQ: TXRH)surged 3.53 percent during Monday trading. However, after missing earnings estimates, the stock is down more than 4.3 percent in after-hours.
After the bell, the company reported earnings of $0.30 per share on revenue of $454.70 million. While sales beat estimates, earnings came in well below the Street and the crowd’s consensus. The Street was anticipating earnings of $0.37 per share on revenue of $452.19 million, while the crowd envisioned PES of $0.38 on sales of $453.41 million.
It should be noted, however, that these results imply an increase from the earnings of $0.33 per share on revenue of $395.36 million reported a year ago.
Finally, Tenet Healthcare Corp (NYSE: THC), which gained 0.73 during the day, is up almost 1 percent in after-hours. The healthcare services company reported earnings of $0.75 per share on revenue of $4.492 billion, well above its guidance, which called for EPS of $0.40. The results also beat the Street’s consensus estimate of $0.49 per share and $4.357 billion.
Other stocks moving in after-hours are:
- Integrated Device Technology Inc (NASDAQ: IDTI), up more than 10 percent
- Cognex Corporation (NASDAQ: CGNX), down more than 24 percent
- TriNet Group Inc (NYSE: TNET), down roughly 25 percent
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!