A Peloton Interactive Inc. emblem on a stationary bike on the firm’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.
Adam Glanzman | Bloomberg | Getty Photographs
Take a look at the businesses making headlines after the bell:
Peloton — Shares of Peloton sunk 25% in prolonged buying and selling after the train gear and media firm posted a wider-than-expected quarterly loss and lower its full-year outlook. Peloton reported a lack of $1.25 per share on income of $805.2 million, versus the Refinitiv consensus of $1.07 per share on income of $810.7 million.
Pinterest — Pinterest shares gained 6.3% after hours following a quarterly earnings and income beat. The social media firm posted adjusted earnings of 28 cents per share on income of $633 million. Analysts anticipated earnings of 23 cents per share on income of $631 million, in response to Refinitiv.
Uber — The ride-hailing and meals supply inventory dipped 2.8% after 1.8 reported a wider-than-expected quarterly loss. Uber posted a lack of $1.28 per share versus 3.3 million anticipated. The corporate attributed the loss to the pullback in worth of its funding holdings, significantly Chinese language ride-hailing app Didi.
Sq. — Shares of Sq. fell 2.5% after the digital funds firm missed income expectations. Sq. posted quarterly income of $3.84 billion, versus the Refinitiv $4.54 billion consensus estimate.
Airbnb — Airbnb shares rose 1.5% after the corporate reported stronger-than-expected third-quarter income. The corporate posted income of $2.24 billion versus the Refinitiv consensus of $2.05 billion.