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The biggest move after the bell: Gamestop, Square, Intuit

Patrick T. Fallon | Bloomberg | Getty Images

Check out the companies that make headlines after the bell on Monday:

square – In the news, stock prices of financial services companies fell 4.1% News that Square has purchased $ 170 million To Bitcoin.. Square also reported quarterly results that exceeded analysts’ expectations. The company earned $ 3.16 billion in revenue and earned 32 cents per share. Analysts surveyed by Refinitiv predicted a $ 3.09 billion revenue and a profit of 24 cents per share.

Tall Brothers – Homebuilders’ share prices rose 1.4% after Toll Brothers reported better-than-expected first-quarter results. The company posted earnings per share of 76 cents with revenue of $ 1.41 billion. According to Refinitiv, analysts expected a $ 1.35 billion revenue and a profit of 47 cents per share.

GameStop – Game retailers’ share fell 4% after GameStop announced on March 26 that CFO Jim Bell would resign. The company also said it has begun searching for Bell alternatives.

Intuit – Intuit’s share price fell 3% after the company’s quarterly figures fell below analysts’ estimates. The company reported earnings per share of 68 cents, while FactSet estimates earnings per share of 86 cents. Intuit also missed the top-line mark and reported revenue of $ 1.58 billion. Analysts expect to generate $ 1.68 billion in revenue, according to FactSet.

Sprout social – Software company stocks rose 3.5% on the back of higher-than-expected results in the fourth quarter. Sprout reported a loss of 6 cents per share. According to FactSet, analysts expected a loss of 11 cents per share. Sprout’s $ 37.5 million revenue also exceeds analysts’ estimates.

Verisk Analytics – Analyst’s share price fell 3% after the analyst reported fourth-quarter results weaker than expected. Verisk reported a profit of $ 1.27 per share, while FactSet estimated a profit of $ 1.30 per share. The company also reported revenue of $ 713.3 million, slightly below analysts’ expectations.

Flowserve – Flowserve shares fell 8% after an industrial machinery company released full-year earnings guidance that disappointed analysts and investors. The company expects earnings per share to range from $ 1.30 to $ 1.55. Analysts surveyed by FactSet expected earnings of $ 1.66 per share in 2021.

The biggest move after the bell: Gamestop, Square, Intuit

Source link The biggest move after the bell: Gamestop, Square, Intuit

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