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Discover Financial, Alcoa and more

Discover Financial, Alcoa and more

Take a look at the businesses making headlines in after-hours buying and selling.

Discover Monetary Companies — Shares of Discover Monetary Companies slid 6.2% after the bank card firm posted quarterly earnings. The agency reported earnings per share of $3.77 on $3.73 billion in income the place analysts anticipated earnings of $3.66 per share and $3.66 billion in income, in line with Refinitiv. The financial institution additionally boosted its provision for credit score losses in comparison with the prior 12 months, doubtlessly signaling that it sees a weaker economic system forward.

H.B. Fuller — H.B. Fuller shares fell 4.2% after the corporate reported earnings that missed estimates. The adhesives producer reported adjusted earnings per share of $1.04 on $958 million in income. Wall Road anticipated adjusted earnings of $1.24 on $1.01 billion in income, in line with Refinitiv.

Alcoa — Shares of Alcoa fell 3.6% after the company reported earnings that confirmed a internet lack of $374 million for the quarter, or $2.12 per share. The corporate additionally mentioned that it confronted difficult market situations within the interval, together with excessive prices for power and uncooked supplies alongside low pricing for aluminum.

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