The Airbnb logo is seen on a small mini-pyramid under the glass pyramid of the Louvre Museum in Paris, France on March 12, 2019.
Charles Platio | Reuters
Check out the companies that made headlines after hours:
Airbnb – The property rental company’s shares rose 5% during extended trading on Tuesday following the company’s fourth-quarter results. Airbnb earned 8 cents during this period on $1.53 billion in revenue. Analysts polled by Refinitiv had expected the company to earn 3 cents on sales of $1.46 billion. The company also made clear recommendations.
Wynn Resorts – Shares of the hotel company fell more than 2% after Wynn missed fourth-quarter earnings estimates. Wynn lost $1.37 per share before items, a larger loss than analysts had expected. However, the revenue exceeded all expectations. The company reported sales of $1.05 billion, compared to $994 million that analysts polled by Refinitiv expected.
Roblox – Shares of the gaming company fell more than 12% after Roblox’s fourth-quarter results fell short of expectations on the top and bottom lines. The company lost 25 cents per share during this period and reported $770 million in sales. Refintiv estimated that Wall Street expected the company to lose 13 cents per share on $772 million in revenue.
Denny’s – Denny’s shares fell 10% after the company’s fourth-quarter results disappointed Wall Street. Denny’s earned 16 cents per share on $107.6 million in revenue. Analysts polled by Refinitiv had expected the company to earn 17 cents on $111.8 million in revenue.