After-hours stock movers: Airbnb, Roblox, Wynn Resorts & more
Check out the companies making headlines in after-hours trading:
During extended trading on Tuesday, the property rental company's shares advanced 5% after its fourth-quarter results were released. Airbnb reported earnings of 8 cents on $1.53 billion in revenue, exceeding the analysts' expectations of 3 cents on $1.46 billion in sales. Additionally, the company provided strong guidance.
Wynn's stock dropped over 2% after the hotel company missed its earnings estimates for the fourth quarter. Although revenue exceeded expectations, Wynn's loss per share was wider than anticipated. The company reported sales of $1.05 billion, compared to the $994 million analysts surveyed by Refinitiv had predicted.
Roblox's fourth-quarter results missed expectations on both the top and bottom line, causing shares of the gaming company to drop more than 12%. The company lost 25 cents per share during the period and reported sales of $770 million. Wall Street had predicted the company to lose 13 cents per share on $772 million in revenue, according to estimates from Refintiv.
After Denny's fourth-quarter results failed to meet Wall Street's expectations, the company's shares dropped 10%. Denny's reported earnings of 16 cents per share on $107.6 million in revenue, lower than the 17 cents analysts surveyed by Refinitiv predicted on $111.8 million in revenue.
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