Welcome to Extreme Investor Network, where we provide you with the latest updates on market movers and shakers in the world of finance. Today, we are diving into the companies that are making headlines in extended trading.
CSX, the rail transport and real estate stock, saw a 1% increase after beating Wall Street estimates in the first quarter. With earnings of 46 cents per share on revenue of $3.68 billion, CSX reaffirmed its 2024 full-year guidance for revenue growth and volume, impressing investors.
Moving on to Las Vegas Sands, the casino operator narrowly beat revenue expectations for the first quarter, with adjusted earnings of 75 cents per share on revenue of $2.96 billion. Despite this, shares ticked down 2%.
Alcoa, the aluminum producer, saw a 2.7% increase in shares after reporting first-quarter revenue of $2.6 billion, surpassing analysts’ forecasts. However, the company posted a wider-than-anticipated loss of 81 cents per share.
Equifax, the consumer credit reporting firm, slipped 7% after its second-quarter guidance missed Wall Street estimates. With an expected earnings per share of $1.65 to $1.75, Equifax fell short of analysts’ expectations.
At Extreme Investor Network, we strive to keep you informed with unique insights and analysis on market movements. Stay tuned for more updates on the latest trends and developments in finance.
