Test out the corporations making headlines after the bell:
Pinterest — Shares of the image-sharing firm were up 8.1% on the again of quarterly earnings that were greater than analysts expected as the results of the pandemic saved people at home horny with the app. Pinterest earned 43 cents per portion on earnings of $706 million. Analysts polled by Refinitiv expected the firm to carry out 32 cents per portion on earnings of $646 million.
Ford — The automaker saw its shares rapidly jump more than 3% after asserting a $29 billion funding in electric and independent vehicles by 2025. Ford also reported better-than-expected fourth-quarter earnings. Its adjusted earnings per portion came in at 34 cents, versus an expected loss of 7 cents, based on Refinitiv.
Snap — Snap fell 10.1% in after-hours trading after the social media firm said it expects to lose money in the first quarter. Snap expects adjusted EBITDA losses to change between $50 million and $70 million. Analysts expected a predominant-quarter adjusted EBITDA of $19.3 million, based on Refinitiv. The firm also eminent it suffered two weeks of advertising and marketing interruption for the length of the Jan. 6 revolt at the U.S. Capitol.
Peloton — Shares of the at-home health equipment maker slid more than 6% after the firm warned it aloof faces hurdles in the come time length in getting objects to its possibilities rapidly amid a interrogate surge. Peloton also posted quarterly gross sales speak of 128% to ticket its first billion-dollar quarter, and increased its bulky-year earnings outlook.
Solidarity Instrument — The video sport engine developer’s inventory dropped more than 15% in extended trading following a disappointing earnings forecast. Solidarity said it expects $210 million to $220 million in first-quarter earnings, lower than analysts’ most optimistic estimates, based on Refinitiv. The firm posted better-than-expected fourth-quarter earnings and earnings, on the other hand.
— CNBC’s Rich Mendez contributed reporting.