Gary Guthart, CEO, Intuitive Surgical
Scott Mlyn | CNBC
Check out the businesses making headlines after the bell:
Del Taco Restaurants — Shares of Del Taco Restaurants surged practically 9% after the Mexican restaurant chain reported better-than-expected quarterly earnings. The firm posted an earnings per share of 16 cents within the third quarter, beating analysts’ estimate of 10 cents, in accordance with FactSet. Its franchised comparable restaurant gross sales additionally gained 6.5% yr over yr.
Intuitive Surgical — Shares of Intuitive Surgical fell greater than 2% regardless of the robotic surgical producer’s better-than-expected outcomes. The firm’s revenue got here to $2.77 a share within the third quarter, forward of $2.06 a share anticipated. Revenue fell to $1.08 billion from $1.13 billion a yr earlier, however larger than analysts’ expectation of $971 million. The firm cited “a big impression to its process volumes and system placements” as a result of pandemic.
Marten Transport — Shares of Marten Transport dropped nearly 8% after the transportation firm posted a income miss within the third quarter. Marten Transport’s gross sales got here to $216 million, under the Refinitiv estimate of $220.5 million. Its earnings per share got here barely above expectations, nonetheless.