Markets were mixed on Monday, with the S&P and Dow down, driven by tumbling oil prices – and the resulting decline in energy
stocks, and the Nasdaq up on the back of strength among tech stocks.
After the market closed, shares of Atwood Oceanics, Inc. (NYSE: ATW) gained about 3 percent, following the announcement of the company’s Q2 results.
While revenue of $227.8 million, down 31.1 percent year-over-year, missed expectations by $4.94 million, EPS of $1.53 came in $0.63
ahead of the Street’s consensus.
Texas Roadhouse Inc (NASDAQ: TXRH) lost
more than 7 percent on its Q2 report. While EPS of $0.47 beat the Street’s by $0.02, revenue of $508.81 million, up percent
year-over-year, missed estimates by $1.12 million.
Tenet Healthcare Corp (NYSE: THC) dropped
2.3 percent even though Q2 revenue of $4.9 billion implied a 9.1 percent year-over-year increase in sales, and beat analysts’
expectations by $70 million. Weighing on the stock was an EPS miss of $0.08.
Integrated Device Technology Inc (NASDAQ: IDTI) plummeted 16.6 percent, even though Q1 EPS of $0.36 were in-line with
estimates, and revenue of $192.1 million, up 19.4 percent year-over-year, was $1.04 million larger than expected.
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