Goodyear Tire & Rubber Company (GT) shares fell about 7% in Monday trading after Deutsche Bank downgraded the stock to hold from buy, and lowered its price target to $7 per share from $9 earlier.
Trading volume stood at about 20.1 million shares, compared with a daily average of around 8 million.
Price: $6.05, Change: $-0.46, Percent Change: -6.99%
Danaos (DAC) reported Q1 adjusted earnings late Monday of $6.72 per diluted share, up from $6.04 a year earlier.One analyst polled by FactSet expected $6.60.Revenue in the three months ended March 31 rose to $253.7 million from $253.3 million a year earlier.Two analysts surveyed by FactSet expected $236.5 million.The company kept its quarterly dividend at $0.90 a share, payable June 4 to stockholders of record May 26.Danaos shares rose 1% in after-hours trading.
FutureFuel (FF) reported a Q1 loss late Monday of $0.47 per diluted share, widening from the loss of $0.41 a year earlier.Revenue in the three months ended March 31 rose to $32 million from $17.5 million a year earlier.FutureFuel shares fell 3.1% in after-hours trading.
CI&T (CINT) reported Q1 adjusted earnings late Monday of $0.08 per diluted share, up from $0.07 a year earlier.Three analysts polled by FactSet expected $0.10.Revenue for the three months ended March 31 rose to $136.6 million from $110.9 million a year earlier.Analysts surveyed by FactSet expected $141.6 million.CI&T expects Q2 revenue of $140 million. Analysts project $146 million.The company boosted full-year revenue guidance to $555.8 million to $575.3 million from the prior forecast of $548.4 million to $568 million.CI&T shares fell 2.8% in after-hours trading.