Kinder Morgan, Chipotle, Whirlpool & more
David Paul Morris | Bloomberg | Getty Images
Check out the companies that hit the headlines on Wednesday after the bell:
Kinder Morgan – The energy infrastructure company’s shares rose 3.5% after beating analysts’ expectations in the first quarter. The company had earnings per share of 60 cents on an adjusted EBITDA of $ 2.81 billion. Analysts polled by FactSet forecast earnings per share of 24 cents with an adjusted EBITDA of $ 1.76 billion. Kinder Morgan also increased its quarterly dividend to 27 cents per share.
Las Vegas Sands – Las Vegas Sands stocks were down 1% after the casino operator reported first-quarter revenue that fell short of analysts’ expectations. The company had sales of $ 1.20 billion. Analysts surveyed by Refinitiv expect sales of 1.37 billion US dollars. The company also posted a loss of 25 cents per share, but it was unclear whether that was comparable to an expected loss of 26 cents per share.
Teradata – The cloud software company’s shares rose 33.7% after Teradata released preliminary results for the first quarter. Teradata expects earnings per share between 67 and 69 cents. This corresponds to an earlier forecast of 38 cents per share to 40 cents per share. It’s also above a FactSet estimate of 39 cents per share.
Sleep Number – Sleep Number stocks fell 6.8% after the bed accessories maker reported mixed results for the first quarter. Sleep Number posted earnings per share of $ 2.51, beating a refinitive forecast of $ 1.83 per share. The company’s revenue of $ 568 million, however, fell short of the expected $ 580 million.
Netgear – The computer network company’s shares fell 2.5% on disappointing sales forecasts for the second quarter. Netgear expects revenues between $ 305 million and $ 320 million for the second quarter. Analysts surveyed by FactSet expect sales of $ 325.6 million.
Qualtrics – Shares in the cloud-based experience management company rose 7.3% on better-than-expected first quarter results. Qualtrics posted earnings per share of 1 cent on sales of $ 238.6 million. Analysts polled by FactSet forecast a loss of 3 cents per share on sales of $ 227.4 million.
Chipotle Mexican Grill – Chipotle shares rose slightly after the company released its first quarter results. Chipotle had earnings per share of $ 5.36 on sales of $ 1.74 billion. Analysts polled by Refinitiv expected earnings per share of $ 4.89. The revenue reported by Chipotle was in line with analysts’ expectations. The company also said digital sales overtook in-person sales this quarter.
Whirlpool – The home appliance manufacturer’s shares rose 2% after Whirlpool reported better-than-expected results in the first quarter. Whirlpool made $ 7.20 per share on revenue of $ 5.36 billion. Analysts surveyed by Refinitiv expected earnings per share of $ 5.41 on sales of $ 4.85 billion.