Netflix, Interactive Brokers and Zions
An image of a woman starting Netflix on a TV in her apartment.
Artur Widak | NurPhoto | Getty Images
Check out the companies that are making headlines after the bell:
Netflix – The media streaming giant’s stocks rose more than 10% in expanded trading after the company reported strong subscriber growth and considered share buybacks. According to StreetAccount, Netflix significantly outperformed estimates for net added subscribers worldwide, reporting 8.5 million versus an expected 6.47 million analysts. Netflix also beat estimates for revenue, but earnings per share came in below expectations.
Interactive Brokers – The e-broker’s stocks rose more than 1% in after-hours trading after the company topped its income statement for its quarterly results. Interactive Brokers reported adjusted earnings of 69 cents per share, which, according to Refinitiv, is above the forecast 59 cents per share. The broker accounts rose by 56% to 1.07 million compared to the previous year.
Zions Bancorporation – The regional bank rose nearly 2% after reporting better-than-expected quarterly results. Zions announced that earnings per share were $ 1.59, up from a FactSet estimate of $ 1.02 pre-share. Revenue for the fourth quarter was $ 703 million, above expectations of $ 699 million.
– CNBC’s Maggie Fitzgerald contributed to the coverage.