Try the businesses making headlines after the bell:
Disney — Shares of the media big dropped more than 4% in after hours buying and selling after lacking on the highest and backside traces of its quarterly outcomes. Disney reported earnings of 37 cents per share on income of $18.53 billion. Wall Avenue anticipated earnings of 51 cents per share on income of $18.79 billion, in keeping with Refinitiv. Disney+ subs additionally got here in wanting estimates at 118.1 million, in comparison with the forecast of 125.4 million.
Beyond Meat — Shares of the choice meat firm tanked 13% in prolonged buying and selling after reporting a wider-than-expected quarterly loss. Beyond Meat reported a GAAP lack of 87 cents per share, decrease than the anticipated lack of 39 cents per share, in keeping with Refinitiv. The corporate made $106.4 million in income, lacking estimates of $109.2 million. The corporate’s fourth-quarter outlook additionally fell wanting Wall Avenue’s expectations.
Affirm Holdings — Shares of Affirm, the digital “buy now, pay later” firm, soared more than 21% in after-hours buying and selling on Wednesday, after the corporate stated it could develop its partnership with Amazon. Affirm made $269.4 million in income, topping estimates of $248.2 million, in keeping with Refinitiv. The corporate reported a lack of $1.13 per share.
AMC Leisure — Shares of the movie show chain ticked 3% decrease in after hours buying and selling on information that AMC Leisure CEO dam Aron bought $25 million in shares on Tuesday.
Bumble — Shares of the relationship app inventory fell 8% decrease in prolonged buying and selling after reporting a lack of 6 cents per share, 6 cents under analyst estimates, in keeping with Refinitiv. Income, nonetheless, got here is better-than-expected.
Trustworthy Firm — Shares of the cosmetics firm Trustworthy jumped 6% in after hours buying and selling following its quarterly outcomes. Earnings got here in in step with expectations and income topped Wall Avenue’s forecasts, in keeping with Refinitiv.
Sofi — Shares of Sofi rallied 14% in after hours buying and selling after reporting better-than-expected earnings. The fintech firm reported a lack of 5 cents per share, topping estimates by 9 cents, in keeping with Refinitiv.
