After-hours buzz: Herbalife, Time Warner Cable, US Steel & More
Check out which companies are making headlines after the bell Monday:
Herbalife - The nutrition and skin-care products seller posted earnings of $1.41 a share, excluding one-time items, on sales of $1.22 billion, easily exceeding forecasts for $1.18 a share on revenue of $1.16 billion. Meanwhile, the company handed in a lighter-than-expected current quarter expectations, while full-year guidance was better-than-expected. Shares spiked higher in choppy extended-hours trading.
Time Warner Cable, CBS - Time Warner Cable and CBS extended their current deal by three hours to 8pm ET as the two companies continue to seek agreement without blacking out CBS-owned TV stations in major markets. Shares of Time Warner Cable edged higher in extended-hours trading.
Anadarko Petroleum - The oil and gas exploration company posted earnings of $1.05 a share on sales of $3.50 billion. Analysts expected the company to post earnings of 91 cents a share on revenue of $3.58 billion. Shares rose in extended-hours trading.
U.S. Steel - The steel producer posted a loss of 35 cents a share on sales of $4.43 billion on sales of $4.43 billion. Analysts had expected the company to post a loss of 78 cents a share on sales of $4.61 billion. Shares edged higher in extended-hours trading.
Express Scripts - The pharmacy benefit management organization reported earnings of $1.12 a share on sales of $26.43 billion, topping expectations for $1.10 a share on revenue of $25.52 billion. Shares edged higher in extended-hours trading.
Hartford Financial - The financial services company posted earnings of 66 cents a share, falling short of expectations for 71 cents a share. Meanwhile, the firm posted revenue of $5.47 billion, edging past estimates for $5.46 billion. Shares declined in extended-hours trading.
Eastman Chemical - The chemical company $1.80 a share on sales of $2.44 billion, exceeding projections for $1.64 a share on revenue of $2.40 billion. In addition, the company handed in full-year earnings guidance that topped current Wall Street estimates, sending shares higher in extended-hours trading.
PMC-Sierra - The tech company posted earnings of 8 cents a share, excluding one-time items, matching expectations, but reported sales of $128 million, falling short of estimates for $130 million. Shares plunged in extended-hours trading.
HCA - The health care facilities operator announced that CEO and chairman Richard Bracken will step down from his role but will be chairman of the company's board. Milton Johnson, the company's current president and CFO, has been named the successor. Shares were largely unchanged in extended-hours trading.