Stocks making the biggest moves after the bell: GameStop, Square, Intuit & more

Patrick T. Fallon | Bloomberg | Getty Images

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

Square – Shares of the monetary providers firm slipped 4.1% amid information information that Square bought $170 million in Bitcoin. Square additionally reported quarterly outcomes that beat analyst expectations. The firm earned 32 cents per share on income of $3.16 billion. Analysts polled by Refinitiv had forecast a revenue of 24 cents per share on income of $3.09 billion.

Toll Brothers – The house development firm’s shares have been up 1.4% after Toll Brothers reported better-than-expected outcomes for its fiscal first quarter. The firm posted earnings per share of 76 cents on income of $1.41 billion. Analysts anticipated a revenue of 47 cents per share on income of $1.35 billion, in keeping with Refinitiv.

GameStop – Shares of the gaming retailer slid 4% after GameStop introduced CFO Jim Bell was resigning, efficient March 26. The firm additionally mentioned it began a seek for Bell’s substitute.

Intuit – Intuit shares dipped 3% after the firm’s quarterly numbers fell in need of analyst estimates. The firm reported earnings per share of 68 cents, whereas FactSet estimated earnings per share of 86 cents. Intuit additionally missed the mark on the prime line, reporting income of $1.58 billion. Analysts anticipated income of $1.68 billion, in keeping with FactSet.

Sprout Social – The software program firm’s inventory gained 3.5% on the again of better-than-expected fourth-quarter outcomes. Sprout reported a lack of 6 cents per share. Analysts anticipated a lack of 11 cents per share, in keeping with FactSet. Sprout’s income of $37.5 million additionally beat analyst estimates.

Verisk Analytics – The analytics firm’s shares pulled again by 3% after the firm reported weaker-than-expected fourth-quarter outcomes. Verisk reported earnings per share of $1.27, whereas FactSet estimated a revenue of $1.30 per share. The firm additionally reported income of $713.Three million, barely under analyst forecasts.

Flowserve – Flowserve shares have been down 8% after the industrial equipment firm issued full-year earnings steerage that upset analysts and buyers. The firm expects earnings per share to vary between $1.30 and $1.55. Analysts polled by FactSet anticipated 2021 earnings steerage of $1.66 per share.

Source hyperlink

What do you think?

Written by Business Boy


Leave a Reply

Your email address will not be published. Required fields are marked *



Here’s what investors should know about rocket builder Astra as it prepares to go public

P&G CEO expects higher demand for cleaning products to outlast pandemic