TD Ameritrade traders on the floor of the New York Stock Exchange.
Adam Jeffery | CNBC
Check out the companies making headlines after the bell:
TD Ameritrade gained nearly 2% in after-hours trading before losing those gains and falling a fraction of 1%. The financial services company reported third-quarter results that beat estimates and announced its CEO Tim Hockey will leave the company in 2020. The company reported adjusted earnings per share of $1.04 on revenue of $1.49 billion. Analysts polled by Refinitiv had expected earnings per share of 97 cents on revenue of $1.47 billion.
Whirlpool rose 4.8% — then reversed those gains, falling more than 1% — following the release of the home appliance manufacturer’s second-quarter earnings. The company reported adjusted earnings of $4.01 per share on revenue of $5.19 billion, topping analysts’ expectations of earnings per share of $3.71 on revenue of $5.03 billion, according to Refinitiv. Whirlpool also raised its 2019 guidance and now expects ongoing diluted earnings per share of $14.75 to $15.50, versus the $14.81 estimated. The company also announced Monday morning it would be recalling tumble dryers in the United Kingdom due to safety concerns.
Shares of Acadia Pharmaceuticals dropped more than 13% after the company announced that one of its medicines for patients with schizophrenia failed in a late-stage clinical trial.
Cadence Design Systems fell 3.5% despite reporting second-quarter earnings that beat estimates. The design software and systems maker reported adjusted earnings per share of 57 cents on revenue of $580 million. Analysts had expected earnings per share of 53 cents on revenue of $580 million.