Airbnb, Roblox, Wynn Resorts and more
The Airbnb logo is seen on a small mini pyramid under the glass pyramid of the Louvre Museum in Paris, France, March 12, 2019.
Charles Platiau | Reuters
Check out the companies making headlines after hours:
Airbnb – Shares of the real estate rental company rose 5% in extended trading on Tuesday following the company’s fourth quarter results. Airbnb earned 8 cents during the period on $1.53 billion in revenue. Analysts polled by Refinitiv expected the company to earn 3 cents on $1.46 billion in sales. The company also gave solid advice.
Wynn Resorts – Shares of the hotel company fell more than 2% after Wynn missed fourth-quarter earnings estimates. Wynn lost $1.37 per share excluding items, which was a bigger loss than analysts expected. Revenues, however, exceeded expectations. The company posted sales of $1.05 billion, down from the $994 million that analysts polled by Refinitiv had expected.
Roblox – Shares of the gaming company fell more than 12% after Roblox’s fourth-quarter results missed expectations for revenue and earnings. The company lost 25 cents per share during the period and posted sales of $770 million. Wall Street expected the company to lose 13 cents a share on $772 million in revenue, according to Refintiv estimates.
Denny’s – Shares of Denny’s fell 10% after the company’s fourth quarter results disappointed Wall Street. Denny’s earned 16 cents a share on $107.6 million in revenue. Analysts polled by Refinitiv expected the company to earn 17 cents on $111.8 million in revenue.
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