Stocks making the biggest moves after hours: Roku, Nvidia, Expedia and more

People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017.

Brendan McDermid | Reuters

Check out the companies making headlines after the bell:

Roku – Shares of the streaming company jumped 5% in extended trading after the company reported better-than-expected fourth-quarter results that beat on the top and bottom line. The company reported a loss of 13 cents per share on revenue of $411 million while analysts expected a loss of 14 cents per share on revenue of $392 million, according to Refinitiv. Roku also added nearly 10 million active accounts during 2019, totaling 36.9 million active accounts on its video streaming platform at year-end, according to data released by the company.

Nvidia – Shares of the semiconductor company climbed 6% in extended trading after the company reported strong fourth-quarter results that beat analysts’ estimates. The company reported earnings of $1.89 per share excluding some items on revenue of $3.11 billion, while analysts expected earnings of $1.67 per share on revenue of $2.97 billion, according to Refinitiv. Nvidia reduced its revenue outlook for the first quarter of 2021 by $100 million due to the coronavirus.

Expedia – The travel company’s stock surged 10% in extended trading after the company reported financial results that beat on the bottom line. Expedia reported a quarterly profit of $1.24 per share while analysts expected $1.19 per share. Revenue came below Wall Street estimates, however, with the company reporting $2.75 billion and analysts expecting $2.76 billion, according to Refinitiv. Expedia, which announced a major leadership shakeup in December 2019, said in a release that changes implemented in the wake of that decision “will contribute to accelerated profit growth in our underlying business in 2020.”

Mattel – Shares of the toy company rose about 5% in extended trading after the company beat earnings expectations, reporting a fourth-quarter profit of 11 cents per share. Revenue fell below Wall Street forecasts, however, with the company reporting $1.47 billion while analysts expected $1.50 billion, according to Refinitiv. Sales in the North America segment decreased 1% driven by a decline in dolls, infant, toddler, and preschool toys, according to its press release.

Yelp – The review company’s stock dropped 5% in extended trading after the company reported weaker-than-expected fourth-quarter financial results that missed analysts’ estimates. The company reported earnings of 24 cents a share on revenue of $269 million while analysts expected earnings of 26 cents a share on revenue of $274 million, according to Refinitiv. The company also announced an additional $250 million stock repurchase and a new CFO.

Pinterest – The mobile application company’s stock fell 3% in extended trading after Facebook released a similar app called Hobbi. The app was first released in Colombia, Belgium, Spain, and Ukraine. Hobbi was developed by Facebook’s New Product Experimentation team, a unit launched by the company in July to develop consumer-focused apps.

CarGurus – The Cambridge-based automotive website’s stock fell 18% in extended trading despite reporting strong fourth-quarter results that beat analysts’ estimates. The company reported 17 cents per share excluding certain items on revenue of $158 million while analysts expected 14 cents per share on revenue of $154 million, according to Refinitiv. The company gave weaker-than-expected first-quarter and fiscal-year guidance on both the top and bottom line, according to FactSet.

eBay – Shares of the e-commerce giant climbed 2% in extended trading after the company announced the completion of the $4.05 billion StubHub sale and updated its guidance for the first quarter and full-year. The company also said it is expanding its 2020 share buyback from $1.5 billion to $4.5 billion.

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