After hours, Whirlpool fell nearly 9% after cutting its full-year revenue guidance to $14.5 billion from $15 billion. Its quarterly revenue of $3.68 billion missed estimates, while its adjusted loss of 21 cents per share contrasted with an expected profit of 80 cents; JetBlue surged 7% despite an adjusted loss of 60 cents per share and an anticipated 85% increase in fuel prices, while Amkor Technology gained 5% with revenue of $1.99 billion, slightly below the $2.04 billion consensus. Celestica rose 10% after raising its adjusted earnings guidance to $11.55 per share from $11.30 previously, while Rambus fell 2% despite year-over-year growth of 35% in earnings and 22% in revenue. Public Storage was little changed after beating third-quarter expectations and raising its full-year funds from operations forecast, while Cadence Design Systems gained 2% with adjusted earnings of $2.11 per share, revenue of $1.63 billion and a higher full-year revenue growth outlook.
Source: Read the original article
