Pinterest, Simon Property and more

Discover the companies making headlines after the bell:

Pinterest – Shares of the image-sharing company jumped more than 19% despite a flounder on the top and bottom as activist investor Elliott Management revealed it was now the biggest investor. The company also beat monthly active user estimates.

Simon Property Group – Shares of Simon Property rose more than 1% in extended formation despite losing revenue. The REIT beat earnings estimates by 8 cents and full-year shared earnings forecasts beat expectations.

Arista Networks – Cloud computing stock rose 4.6% after hours after a beating in the top and bottom numbers last quarter. Arista Networks reported adjusted earnings of $1.08 per share on revenue of $1.05 billion and released a strong revenue guidance for the current quarter.

Avis Budget — The vehicle rental company gained 6% in extended trades on the back of a better-than-expected quarter. Avis Budget reported adjusted earnings per share of $15.94 per share on revenue of $3.24 billion. Analysts had expected earnings of $11.48 per share on revenue of $3.17 billion.

ZoomInfo – ZoomInfo shares jumped 12% post-market after beating earnings and revenue estimates for the last quarter. The company reported adjusted earnings of 21 cents per share on revenue of $267 million and raised its full-year guidance.

cnbc Business

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button