After hitting record highs on Monday, U.S. stock markets were mixed on Tuesday, with the S&P 500 retreating 0.14 percent,
the Nasdaq composite down 0.38 percent and the Dow once again hitting a new record high, following an 0.14 percent surge.
After the market closed, shares of Microsoft Corporation (NASDAQ: MSFT) gained more than 3 percent, driven by the announcement of the company’s
fourth quarter results. EPS of $0.69 and revenue of $22.6 billion beat the Street’s consensus by $0.11 and $460 million
respectively.
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Up almost 7 percent on its earnings report was Intuitive Surgical, Inc. (NASDAQ: ISRG). Second quarter EPS of $5.62 beat estimates by $0.65, while revenue of $670
million, up 14.3 percent year-over-year, came in $29.31 million ahead of expectations.
Manhattan Associates, Inc. (NASDAQ: MANH) rose 2.4 percent in Tuesday’s after-hours session, after a top and bottom
line beat. Second quarter EPS of $0.49 and revenue of $154.9 million came in $0.05 and $1.19 million above the Street’s
expectations.
On the other hand, United Continental Holdings Inc (NYSE: UAL) lost about 0.5 percent after the bell rang, even though second quarter EPS of
$2.61 beat estimates by $0.04 and revenue of $9.4 billion came in $20 million ahead of expectations. However, it seems like the 5.1
percent decline in revenue disappointed investors.
Other stocks slipping on their earnings reports were Interactive Brokers Group, Inc. (NASDAQ: IBKR), down 2.8 percent, Exponent, Inc. (NASDAQ: EXPO), down almost 10 percent, and Sarepta Therapeutics
Inc (NASDAQ: SRPT), down more than 3 percent.
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