Check out the companies making headlines in after-hours trading.
Netflix — The streamer dropped more than 4% after it missed Wall Street’s earnings estimates. For the third quarter, Netflix reported adjusted earnings of $5.87 per share. Analysts polled by LSEG expected $6.97 per share in profit. The company’s revenue of $11.51 billion for the period matched analysts’ estimates. Netflix attributed its weaker-than-forecasted results to an ongoing dispute with Brazilian tax authorities.
Western Alliance — The regional bank gained more than 3% on better-than-expected earnings for the third quarter. Western Alliance earned $2.28 per share on revenue of $938 million. Analysts polled by LSEG expected a profit of $2.09 per share on revenue of $890 million. Loss provisions did come in at $80 million, above a StreetAccount estimate of $42 million.
Source: https://www.cnbc.com/2025/10/21/stocks-making-the-biggest-moves-after-hours-nflx-mat-dkng-isrg.html