Check out the businesses making headlines after the bell : Netflix — The streamer noticed shares drop about 3% even after the corporate reported quarterly earnings that beat on the highest and backside line. Netflix stated subscribers jumped 16% from the earlier 12 months, however added it might not report paid memberships beginning subsequent 12 months. Intuitive Surgical — Shares of the supplier of robotic-assisted surgical options rose 1% after the corporate posted stronger-than-expected outcomes. Intuitive Surgical reported an adjusted EPS of $1.50 final quarter, increased than an estimate of $1.41, per LSEG. Revenue of $1.89 billion additionally got here in barely above expectations. Western Alliance — The regional financial institution inventory fell lower than 1% in prolonged buying and selling after the agency posted disappointing earnings. Western Alliance posted an EPS of $1.60 for the most recent quarter, 4 cents beneath a FactSet estimate. PPG Industries — The supplies provider noticed shares edge down 0.8% in afterhours buying and selling after its adjusted earnings of $1.86 per share matched expectations, per LSEG. PPG’s income of $4.31 billion got here in beneath an estimate of $4.43 billion. KB Home – The homebuilder superior practically 2% after asserting that its board of administrators approved a brand new $1 billion share repurchase. The transfer replaces an earlier authorization, which had $113.6 million remaining. KB Home additionally hiked its dividend to 25 cents a share from 20 cents, payable on May 23.
https://www.cnbc.com/2024/04/18/stocks-making-the-biggest-moves-after-hours-nflx-isrg-wal.html
