Try the firms making headlines after the bell:
Chegg — Shares of Chegg sunk more than 25% in prolonged buying and selling after a weaker-than-expected quarterly report. The training know-how firm reported income of $171.9 million versus $174.5 million estimated, in line with Refinitiv. Chegg additionally missed subscriber estimates.
Clorox — Clorox shares rose over 5% after hours following an earnings beat. The buyer merchandise firm reported an adjusted revenue of $1.21 per share on income of $1.81 billion. Analysts anticipated earnings of $1.03 per share on income of $1.70 billion, in line with Refinitiv.
Avis Price range Group — Shares of Avis Price range Group rose almost 5% in after-hours buying and selling following a powerful third-quarter earnings report. The guardian firm of automobile rental manufacturers reported adjusted earnings per share of $10.74, a lot greater than the Refinitiv consensus of $6.52 per share. Income got here in higher-than-expected at $3 billion versus $2.715 billion estimated. Avis additionally introduced a $1 billion enhance to the firm’s current share repurchase authorization.
NXP Semiconductors — NXP Semiconductors shares whipsawed throughout prolonged buying and selling after reporting a slight quarterly income beat. The chipmaker reported income of $2.86 billion, whereas analysts anticipated income of $2.85 billion, in line with Refinitiv.
Simon Property Group — Simon Property Group shares gained 3% in prolonged buying and selling after the mall proprietor beat earnings expectations soundly. The corporate reported earnings of $2.07 per share versus $1.09 per share anticipated by analysts surveyed by Refinitv. The corporate’s income additionally got here in greater than anticipated.