Here’s Why Twitter, Netflix, CSX, and Lendingtree Are in the Red Today

Page 2 of 2

CSX Corporation (NASDAQ:CSX) shares are 6.12% lower today after the railroad giant reported mixed fourth-quarter earnings. Although CSX beat EPS estimates by $0.02 with profit of $0.48 per share, it missed revenue expectations by $80 million with sales of $2.78 billion. Sales fell by 12.9% year-over-year as lower coal volumes and weak commodity prices weighed on CSX’s top-line. Due to negative global trends, CSX expects fiscal year 2016 EPS to be lower than 2015’s by $2.00 per share.

Smart money sentiment around CSX Corporation (NASDAQ:CSX) has been stable, with 47 elite funds owning shares of the railroad as of the latest 13F reporting period. That number was down by just one from the prior 13F reporting period.

Follow Csx Corp (NYSE:CSX)

Last but not least, Lendingtree Inc (NASDAQ:TREE) shares are in the red today after the company released disappointing full year 2015 guidance. For the time period, Lendingtree Inc (NASDAQ:TREE) expects revenue to be $252.5 million-to-$253.5 million, adjusted EBITDA to come in at $38.8 million-to-$39.8 million, and variable marketing margin to be $92.5 million-to-$93.5 million. Although those numbers were generally higher than management’s previous guidance, investors were evidently expecting something more, as Lendingtree shares are off by almost 24% in early afternoon trading. 24 smart money funds that we track held 11.6% of the company’s float on September 30.

Follow Lendingtree Inc. (NASDAQ:TREE)

Disclosure: None

Page 2 of 2