After-hours movers: Netflix surges on strong subscribers, Lam Research falls following results

After-Hours Stock Movers:

Netflix (NASDAQ:) 13% HIGHER; Q3 EPS of $3.73, $0.24 better than the analyst estimate of $3.49. Revenue for the quarter came in at $8.54 billion versus the consensus estimate of $8.54B. The company added 8.76 million Global Streaming Paid Memberships, versus the consensus of 6.2M. In addition, the company said it will start raising prices.

Equifax (NYSE:) 7% LOWER; Q3 EPS of $1.76, $0.03 worse than the analyst estimate of $1.79. Revenue for the quarter came in at $1.32B versus the consensus estimate of $1.33B. Equifax sees Q4 2023 revenue of $1.31-1.33B, versus the consensus of $1.34B.

Las Vegas Sands (NYSE:) 5% HIGHER; Q3 EPS of $0.55, in-line with the analyst estimate of $0.55. Revenue for the quarter came in at $2.8B versus the consensus estimate of $2.72B. Also, authorized a $2B stock buyback plan.

Lam Research (NASDAQ:) 4% LOWER; Q1 EPS of $6.85, $0.78 better than the analyst estimate of $6.07. Revenue for the quarter came in at $3.48B versus the consensus estimate of $3.41B. Lam Research sees Q2 2024 EPS of $7.75-$6.25, versus the consensus of $6.79. Lam Research sees Q2 2024 revenue of $4-3.4B, versus the consensus of $3.65B.

Discover Financial Services (NYSE:) 3% LOWER; Q3 EPS of $2.59, $0.58 worse than the analyst estimate of $3.17. Revenue for the quarter came in at $4.04B versus the consensus estimate of $3.95B.

Tesla (NASDAQ:) 1% HIGHER; Q3 EPS of $0.66, $0.07 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $23.4B versus the consensus estimate of $24.32B. Also, announced a Nov. 30 delivery event for its Cybertruck.