These are the stocks posting the largest moves in after-hours trading.
— Shares of the casino operator gained more than 4% after Las Vegas Sands released its latest quarterly results. The company lost 19 cents per share on revenue of $1.12 billion. Analysts expected a loss of 9 cents per share on revenue of $1.18 billion. However, the company's adjusted property EBITDA of $329 million beat a StreetAccount forecast of $319 million.— IBM beat quarterly earnings and revenue forecasts, but the stock fell more than 2%.
Company management said it expects constant currency revenue for 2023 to be consistent with its mid-single digit model. IBM also said it would cut nearly 4,000 jobs, or roughly 1.5% of its workforce.— CSX reported earnings and revenue figures that just beat analyst expectations, but the stock slipped 0.2%. The rail-freight company earned 49 cents per share on revenue of $3.73 billion. Analysts polled by Refinitiv expected earnings of 46 cents per share on revenue of $3.72 billion.
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