Girl holds smartphone with Meta brand in entrance of a displayed Fb’s new rebrand brand Meta on this representation image taken October 28, 2021.
Dado Ruvic | Reuters
Take a look at the corporations making headlines after the bell:
Meta Platforms — Meta Platforms’ inventory surged greater than 17% in prolonged buying and selling after reporting a beat on income however a pass over on earnings within the first quarter. Day by day lively customers on Fb additionally beat analyst expectancies.
Qualcomm — Stocks of the semiconductor rose 5% after hours following a beat at the best and backside traces within the contemporary quarter pushed partly through Android telephone chip gross sales. Qualcomm reported adjusted earnings of $3.21 in line with percentage on revenues of $11.16 billion. Analysts surveyed through Refinitiv anticipated $2.91 a percentage on $10.60 billion in earnings.
PayPal — Stocks of PayPal won 3.2% after reporting adjusted income in line with percentage that fell in step with analysts’ estimates and a beat on earnings. The corporate slashed earnings and income in line with percentage steering for the total 12 months and issued susceptible steering for the second one quarter.
Ford — The automaker’s inventory rose 4% after reporting adjusted income in line with percentage of 38 cents on $32.1 billion in revenues within the first quarter. Analysts surveyed through Refinitiv anticipated income of 37 cents in line with percentage on $31.13 billion in earnings. Ford stated its stake in electrical automobile maker Rivian pulled income decrease.
Amgen — Amgen stocks dropped 5% regardless of a beat at the best and backside traces within the earlier quarter after disclosing a brand new dispute with the IRS, in the hunt for billions in again taxes.
Las Vegas Sands — The on line casino and lodge corporate dipped about 2% in prolonged buying and selling after reporting a wider-than-expected loss and weaker-than-expected benefit within the earlier quarter, partly because of persisted Covid-19 disruptions.
Pinterest — Stocks of Pinterest soared greater than 11% in prolonged buying and selling after reporting a beat at the best and backside traces within the contemporary quarter. Per 30 days lively customers fell 9% year-over-year to 433 million.
Mattel — Mattel’s inventory won 3.3% after the toy producer reported a beat on earnings and an sudden benefit within the earlier quarter.
Teladoc Well being — Stocks of the telehealth massive sank 38% after reporting a pass over on earnings and sharing disappointing earnings steering for the second one quarter.
