Shares shifting large after hours: ABNB, TRIP, DVN
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Daniel Acker | Bloomberg | Getty Pictures
Take a look at the businesses making headlines in prolonged buying and selling.
Airbnb — Shares of Airbnb jumped 10% after the corporate launched fourth-quarter earnings that topped analysts’ expectations. The corporate reported earnings per share of 48 cents, higher than the estimated 25 cents, based on consensus estimates from Refinitiv. Airbnb posted income of $1.90 billion, greater than the forecasted $1.86 billion.
TripAdvisor — The web journey firm’s shares gained 7% after its earnings report beat Wall Road estimates. TripAdvisor posted adjusted per-share earnings of 16 cents and income of $354 million for its fourth quarter. Analysts surveyed by Refinitiv had predicted earnings of 4 cents and income of $344 million. Viator, the corporate’s tour enterprise, grew 115% year-over-year to a fourth-quarter income of $127 million, as vacationers started to e book experiences together with journeys.
Devon Vitality — The vitality firm’s shares fell 5% after the corporate’s disappointing fourth-quarter earnings report. Devon reported adjusted per-share earnings of $1.66, falling beneath analysts’ consensus estimate of $1.75, based on Refinitiv. Income additionally got here in beneath Wall Road’s expectations.
GoDaddy — The hosting firm’s shares dropped greater than 1% after the corporate launched a combined quarterly earnings report. GoDaddy posted income of $1.04 billion got here consistent with analysts’ estimates, based on Refinitiv. The corporate’s per-share earnings of $0.60 got here in 2 cents beneath expectations. .