Market Overview

6 Stocks Moving On Monday's After-Hours Session

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Shares of Fitbit Inc (NYSE: FIT) were trading down more than 14.5 percent on Monday’s after-hours session, following the announcement of the company’s fourth quarter fiscal 2015 financial results.

The wearables maker posted earnings of $0.35 per share, $0.10 better than the Street’s consensus. Revenue of $711.6 million also came in ahead of expectations for $647.82 million. However, guidance for the first quarter was quite soft as manufacturing costs and shipment timings increased.

Texas Roadhouse Inc (NASDAQ: TXRH), on the other hand, was trading up about 4 percent on its earnings call. The restaurant company reported earnings of $0.32 per share, beating the Street’s consensus of $0.30 per share. Revenue of $454.35 million beat expectations for $453.42 million as well.

Back to losers, there’s Tenet Healthcare Corp (NYSE: THC), down almost 4 percent since the bell rang.

The healthcare services firm delivered earnings of $0.35 per share, $0.01 above consensus, on revenue of $5.026 billion, which also was better than the expected $4.82 billion. However, once again, poor guidance drove the shares down in the after-hours session.

Other stocks moving on Monday’s after-hours session included:

  • GenMark Diagnostics, Inc (NASDAQ: GNMK), down more than 10 percent.
  • Chegg Inc (NYSE: CHGG), down more than 20 percent.
  • Flex Pharma Inc (NASDAQ: FLKS), up about 8.2 percent.

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

Posted-In: Earnings News Guidance After-Hours Center Movers

 

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