Etsy CEO Josh Silverman.
Adam Jeffrey | CNBC
Check out the companies that make the headlines after the bell:
Etsy —Etsy shares fell 14% in expansion trading, despite reporting adjusted earnings and earnings in the second quarter earlier than analysts expected.The company also offered Below estimate for third quarter financial guidance..
Electronic Arts — EA shares increased by more than 3% in after-hours trading after video game makers reported sales of $ 1.34 billion. This is more than expected by the $ 1.28 billion analyst polled by Refinitiv. Chief Financial Officer Blake Jogensen gave a brilliant outlook. “Based on our strong performance this quarter, we are raising our full-year outlook, supported by continued trust in live services. It will take place this year, next year, and beyond.”
MGM Resorts — MGM’s share price rose 1% in extended trading after the company recorded an unexpected price-earnings ratio in the second quarter. The resort operator generated adjusted earnings per share of 14 cents per share in the three months to June 30, far exceeding the 30 cents per share estimate expected by analysts surveyed by Refinitiv. Said.
Roku — Roku fell 8% in extended trading after reporting Second quarter revenue $ 645 million in revenue and 52 cents per share. Earnings forecasts were strong in the third quarter, but there was downward pressure on stock prices.
Uber — Uber’s share price fell 8% after reporting Second quarter revenue Revenue of $ 3.93 billion, 58 cents per share. According to Refinitiv, analysts expected a $ 3.75 billion revenue and a loss of 51 cents per share. Investors seem to have sold their shares as Uber spent so much money on incentives to attract drivers in the face of a shortage.
Wynn Resorts — Wynn Resorts earned $ 990 million and reported a loss of $ 1.12 per share in the second quarter, after which its share price rose by less than 1%. According to Refinitiv, analysts expected a $ 933 million revenue and a loss of $ 1.61.
Stocks that move the most overtime: Etsy, Roku, etc.
https://www.cnbc.com/2021/08/04/stocks-making-biggest-moves-after-hours-etsy-electronic-arts-wynn-more.html Stocks that move the most overtime: Etsy, Roku, etc.