Gainers
- Sanmina Corp SANM shares are up 21 percent after reporting a first-quarter earnings beat. Earnings came in at 83 cents per share, beating estimates by 12 cents. Sales came in at $2.11 billion, beating estimates by $288 billion. The company issued strong second-quarter earnings and sales guidance. Sanmina also reported that CFO David Anderson will retire and the company has begun search for a permanent replacement.
- AK Steel Holding Corporation AKS shares are up 7 percent after reporting a fourth-quarter earnings beat. Earnings came in at 16 cents per share, beating estimates by 5 cents. Sales came in at $1.677 billion, missing estimates by $23 million. The company issued weak FY19 earnings guidance.
Losers
- Rambus Inc. RMBS shares are down 7 percent despite reporting a fourth-quarter earnings beat. Earnings came in at 28 cents per share, beating estimates by 2 cents. Sales came in at $102 million, beating estimates by $320,000.
- Whirlpool Corporation WHR shares are down 7 percent after reporting a fourth-quarter sales miss. Adjusted earnings came in at $4.75 per share, beating estimates by 50 cents. Sales came in at $5.66 billion, missing estimates by $100 million. The company issued weak FY19 EPS and sales guidance.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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