Pedestrians walk past the IBM building in New York.
Scott Mlyn | CNBC
Check out the companies that hit the headlines on Monday after the bell:
IBM – The computer hardware company’s stocks rose 2.9% after IBM reported better-than-expected results in the first quarter. IBM had earnings per share of $ 1.77 on sales of $ 17.73 billion. Analysts surveyed by Refinitiv expected earnings per share of $ 1.63 on sales of $ 17.35 billion.
United Airlines – United Airlines shares fell 1.8% after the company reported worse-than-expected first quarter results. United lost $ 7.50 per share on revenue of $ 3.22 billion. Analysts surveyed by Refinitiv expected a loss per share of $ 7.08 on sales of $ 3.26 billion.
Equity Lifestyle – The real estate company’s stocks rose slightly after Equity Lifestyle posted first quarter results that exceeded analysts’ expectations. The company had earnings per share of 64 cents on sales of $ 296 million. Analysts polled by FactSet forecast earnings per share of 60 cents on sales of $ 274.8 million.
Zions Bancorp – The bank’s stock rose 1.8% on higher-than-forecast earnings. Zions Bancorp made $ 1.90 per share. Analysts polled by FactSet expected earnings per share of $ 1.18.
Steel momentum – The steelmaker’s stocks fell slightly, although the company posted better-than-expected results in the first quarter. Steel Dynamics had earnings per share of $ 2.10 on sales of $ 3.54 billion. Analysts polled by FactSet forecast earnings per share of $ 1.86 on sales of $ 3.41 billion.
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