Investigate cross-take a look at the companies making headlines after the bell:
Disney – Shares of Disney jumped 3% after the company reported solid growth in paid streaming subscribers and crushed expectations in its earnings file for its fiscal first quarter of 2021. Disney talked about it now has nearly 95 million paid subscribers on its Disney+ streaming service. It posted a profit of 32 cents per allotment, in contrast with a Refinitiv forecast for a loss of 41 cents per allotment.
Expedia – The commute shopping company’s stock fell nearly 2% after the company’s fourth-quarter outcomes missed analyst expectations. Expedia reported a loss of of $2.64 per allotment on income of $920 million. Analysts polled by Refinitiv estimated a loss of $1.97 per allotment on income of $1.12 billion. The commute company continues to undergo outcomes of the pandemic which have dissuaded other people from traveling. CEO Peter Kern talked about that the upward thrust in coronavirus cases and subsequent shutdowns have “made an impact” on the company’s fourth quarter.
Datadog – The tool stock obtained about 2% on the support of a stronger-than-expected quarterly file. Datadog posted earnings per allotment of 6 cents, topping a FactSet estimate of two cents per allotment. Its income also came in above expectations.
Verisign – Shares of the web company rose 1% following the open of better-than-expected earnings. Verisign reported earnings of $1.38 per allotment for in the fourth quarter, beating a FactSet estimate of $1.33 per allotment. Income totaled $310 million, in step with expectations.
Verify – Verify shares dropped 8% even after the company reported a bigger-than-expected income for its fiscal-second quarter. The company hauled in $204 million in income, while analysts polled by Refinitiv had forecast $189.2 million. It wasn’t trip if Verify’s earnings per allotment had been a lot like a Refinitiv estimate.