See which companies made headlines in after-hours trading. Discover Financial Services — Shares rose 2.7% after Discover Financial Services reported second-quarter results. The bank and payments company reported net interest income of $3.52 billion, beating the FactSet consensus estimate of $3.46 billion. Earnings came in at $6.06 per share, beating analysts’ estimates of $3.10 per share. Kinder Morgan — Shares fell 2.8% after Kinder Morgan reported quarterly results that fell short of expectations. The pipeline operator reported second-quarter adjusted earnings of 25 cents per share, below the 26 cents per share analysts polled by FactSet expected. Revenue also missed expectations. United Airlines — Shares fell slightly, down 0.3%, after United Airlines reported a mixed second quarter. The company reported second-quarter adjusted earnings of $4.14 per share, above the LSEG consensus estimate of $3.93 per share. However, revenue of $14.99 billion was below the $15.06 billion expected. Steel Dynamics — Shares of the steel producer rose about 2%. Steel Dynamics posted second-quarter earnings of $2.72 per share on revenue of $4.63 billion. Analysts surveyed by LSEG were calling for earnings of $2.67 per share and revenue of $4.43 billion. Alcoa — The aluminum company rose 1.5%. Alcoa posted adjusted earnings of 16 cents per share, beating analysts’ expectations of 9 cents per share, per LSEG. Revenue also came in above expectations at $2.91 billion, while analysts were calling for $2.84 billion. Beyond Meat — Shares of the alternative meat producer fell 15%. The Wall Street Journal reported, citing people familiar with the matter, that Beyond Meat has engaged with a group of bondholders to begin discussions about restructuring its balance sheet. The stock is expected to decline about 20% in 2024. — CNBC's Darla Mercado contributed to the report.
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Stocks that made the biggest moves after hours: UAL, DFS, KMI
