Stocks making the biggest moves after hours: CSX, PPG Industries, Knight-Swift Transportation and more

cnbc.com:

In this article

Check out the companies making headlines in after-hour trading.

CSX — The transportation company dropped 5% after missing Wall Street expectations for revenue in the second quarter, coming in at $3.7 billion against a $3.74 billion estimate from analysts polled by Refinitiv. Earnings per share for the quarter were in line with expectations at 49 cents.

Capital One — The financial stock was near flat following a mixed earnings report. The company posted adjusted earnings of $3.52 per share on revenue of $9.01 billion for the second quarter. Analysts polled by Refinitiv were anticipating $3.23 per share on revenue and $9.12 billion in revenue. Total deposits decreased by 2% at the end of the period, while average deposits grew by 1%.

PPG Industries — Shares slid 2.2% despite the paints manufacturer posting a strong quarterly financial report. The company reported $2.25 in earnings per share excluding items on $4.87 billion in revenue, while analysts polled by FactSet forecasted earnings of $2.14 per share and $4.84 billion. The company also raised current-quarter and full-year earnings expectations.

Intuitive Surgical — The health-care stock dropped 4.7% after posting systems unit revenue that came in lighter than anticipated. Systems revenue was $392.7 million, compared to analysts' estimates of $415.9 million, according to FactSet. Overall, the company beat Wall Street expectations in its second quarter. Intuitive posted adjusted earnings of $1.42 per share and $1.76 billion in revenue, beating expectations of $1.33 in earnings per share on $1.74 billion in revenue, according to consensus estimates from Refinitiv.

Knight-Swift Transportation — The transportation company tumbled 3% after missing analysts'