Top After Market NYSE Losers (PPO, GNK, TWI, SWY, LTD, ADI, TC, CXO, TX, SDT)
The top aftermarket NYSE losers Wednesday were: Polypore International, Genco Shipping & Trading, Titan International, Safeway, Limited Brands, Analog Devices, Thompson Creek Metals, Concho Resources, Ternium and SandRidge Mississippian.
Polypore International Inc. (PPO) shares slumped 13.95 percent to $37.45 in post market trading session. The company reported fourth quarter adjusted net income of $27.6 million or $0.58 per share compared to $19.9 million or $0.43 per share in the same period a year-ago and against analysts’ estimation o f $0.60 per share.
Genco Shipping & Trading Ltd. (GNK) shares slumped 10.48 percent to $7.35 in post market trading session. The company announced that it plans to, subject to market and other conditions, $50 million in shares of its common stock.
Titan International, Inc. (TWI) shares plunged 4.05 percent to $25.60 in aftermarket trading session. The company swung to fourth quarter net profit of $14.46 million or $0.29 per share compared to net loss of $16.59 million or $0.47 per share in the same quarter a year-ago.
Safeway Inc. (SWY) shares declined 3.18 percent to $21.95 in aftermarket trading session. The stock has a 52-week low of $15.93, a 52-week high of $25.43 and $7.71 billion in market capitalization.
Limited Brands, Inc. (LTD) shares declined 2.88 percent to $44.17 in aftermarket trading session. Its fourth quarter net profit declined to $359.4 million or $1.17 per share from $452.3 million or $1.36 per share in the same period last year.
Analog Devices, Inc. (ADI) shares fell 2.56 percent to $38.80 in post market trading session. Its first quarter net profit declined to $139.4 million or $0.46 per share from $222 million or $0.72 per share in the same period a year-ago.
For the second quarter, the company expects earnings to be in a range of $0.48 to $0.53 per share on revenues of $655 to $675 million compared to analysts’ estimation of $0.54 per share on revenues of $683.61 million.
Thompson Creek Metals Co Inc. (TC) shares declined 2.12 percent to $8.77 in aftermarket trading session. The stock has a 52-week low of $5.44, a 52-week high of $13.91 and $1.50 billion in market capitalization.
Concho Resources Inc. (CXO) shares declined 1.83 percent to $113.88 in post market trading session. Its fourth quarter net loss widened to $82.8 million or $0.81 per share from $8 million or $0.08 per share I the same quarter last year.
Ternium S.A. (TX) shares declined 1.74 percent to $21.88 in post market trading session. The company reported fourth quarter net profit of $104.7 million or $0.53 per American depositary share compared to $77.5 million or $0.39 per share in the same quarter last year, but fell short of analysts’ estimation of $0.59 per share.
SandRidge Mississippian Trust I (SDT) shares declined 1.65 percent to$32.75 in aftermarket trading session.
© Copyright IBTimes 2024. All rights reserved.