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Let’s check out the companies that are becoming a hot topic for after-hours trading. DoorDash – Shares fell nearly 8% after the food delivery company reported mixed fourth-quarter results. Sales rose 27% to $2.3 billion, beating LSEG’s expectations, but the loss of 39 cents per share was larger than expected. DoorDash, whose stock has soared 85% over the past year, saw total orders rise 23% to 574 million, beating expectations for 561 million. Coinbase – Shares of the cryptocurrency exchange rose 13% in after-hours trading after the company posted a profit of $1.04 per share on revenue of $954 million in the fourth quarter. Analysts had expected a loss of 1 cent per share on revenue of $822 million, according to LSEG. Applied Materials – Shares of the semiconductor equipment maker soared 11% in after-hours trading as earnings beat expectations and the company gave a rosy outlook for the second quarter. Earnings per share (excluding items) for the first quarter were $2.13, beating LSEG’s estimate of $1.90. Revenue for the period was $6.71 billion, exceeding expectations of $6.48 billion. Toast – Shares of the maker of restaurant point-of-sale systems rose 3% in after-hours following fourth-quarter results. LSEG said the company posted a loss of 7 cents per share, narrower than the 11 cents per share loss expected by analysts. Revenue was $1.04 billion, roughly in line with expectations of $1.02 billion. Roku – Shares fell 14% after the streaming provider reported a better-than-expected loss of 55 cents per share in the fourth quarter, according to LSEG. Analysts had expected earnings of 52 cents per share. Sales were $984 million, exceeding expectations of $968 million. DraftKings – Shares fell 2% as the sports betting company posted a surprise loss of 10 cents per share in the fourth quarter, compared to analysts’ expectations for earnings of 8 cents per share, according to LSEG. . Sales came in at $1.23 billion, slightly lower than the $1.24 billion expected by analysts. Trade Desk – Shares of the digital advertising company soared nearly 19% after the company reported quarterly revenue of $606 million, beating Wall Street expectations of $582 million. The company’s sales forecast for the first quarter also exceeded analysts’ expectations. Dropbox – Shares fell more than 3% after the file hosting service operator reported fourth-quarter adjusted earnings of 50 cents per share on $635 million. Analysts had expected sales of $631 million and earnings per share of 48 cents, according to LSEG. Yelp — The stock fell about 10% after the website’s first-quarter guidance fell short of analyst expectations for both adjusted EBITDA and revenue. According to LSEG, earnings per share for the fourth quarter also fell short. Yelp reported that he earned 37 cents per share on revenue of $342.4 million at his Texas Roadhouse — the steakhouse chain’s fourth-quarter earnings per share, according to FactSet analysts. exceeded consensus expectations. Texas Roadhouse also raised its dividend by 11%. After the stock market closed, the stock price rose 8.3%. Bio Rad Laboratories — The life sciences equipment company’s fourth-quarter earnings per share beat analyst consensus estimates, according to FactSet. The stock initially rose 7% in after-hours, but has recently been flat. – CNBC’s Tanaya Machel and Scott Schnipper contributed reporting.
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