Stocks making the biggest moves after hours: Uber, Spirit Airlines, Zillow Group & more

A pedestrian walks by an indication in entrance of the Uber headquarters on May 18, 2020 in San Francisco, California.

Justin Sullivan | Getty Images

Check out the corporations making headlines after the bell on Wednesday:

Uber — Shares of the ride-hailing firm slid more than 2% in prolonged buying and selling after Uber reported fourth-quarter outcomes. The firm misplaced 54 cents per share throughout the interval, which was smaller than the Street consensus for a lack of 56 cents per share, based on estimates from Refinitiv. Revenue got here in at $3.17 billion, beneath a forecast of $3.58 billion. The firm’s income from mobility fell 50% 12 months over 12 months, whereas supply income jumped 130% from the prior 12 months.

iRobot Corporation — Shares of the robotics firm jumped more than 8% after iRobot stated it earned 84 cents per share excluding objects throughout the fourth quarter, topping a Refinitiv estimate of 31 cents per share. Revenue got here in at $545 million, whereas Street analysts had been searching for $494 million in gross sales.

Zillow Group — Zillow shares gained more than 7% after the actual property firm’s prime and bottom-line numbers beat analyst expectations. Fourth-quarter earnings got here in at 41 cents per share excluding objects, forward of the 27-cent revenue analysts surveyed by Refinitiv have been anticipating. Revenue got here in at $789 million, additionally forward of the anticipated $741 million.

Spirit Airlines — Spirit shares slid more than 6% after the firm posted a wider-than-expected loss for the fourth quarter. The airline misplaced $1.61 per share excluding objects, whereas reporting a income of $498.5 million. Analysts surveyed by FactSet anticipated the firm to lose $1.47 per share on income of $516 million.

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