Attendees call the Disney+ streaming service booth at the D23 Expo on August 23, 2019 at the Anaheim Convention Center in Anaheim, California.
ROBYN BECK | AFP | Getty Facsimiles
Check out the companies making headlines after the bell:
Disney – Shares of Disney jumped 3% after the proprietorship reported strong growth in paid streaming subscribers and crushed expectations in its earnings report for its fiscal first house of 2021. Disney said it now has almost 95 million paid subscribers on its Disney+ streaming service. It posted a profit of 32 cents per part, compared with a Refinitiv forecast for a loss of 41 cents per share.
Expedia – The travel shopping company’s forerunner fell nearly 2% after the company’s fourth-quarter results missed analyst expectations. Expedia reported a wastage of of $2.64 per share on revenue of $920 million. Analysts polled by Refinitiv estimated a loss of $1.97 per share on interest of $1.12 billion. The travel company continues to suffer effects of the pandemic that have dissuaded people from traveling. CEO Peter Kern prognosticated that the rise in coronavirus cases and subsequent shutdowns have “made an impact” on the company’s fourth quarter.
Datadog – The software cattle gained about 2% on the back of a stronger-than-expected quarterly report. Datadog posted earnings per share of 6 cents, replenishing a FactSet estimate of 2 cents per share. Its revenue also came in above expectations.
Verisign – Shares of the internet ensemble rose 1% following the release of better-than-expected earnings. Verisign reported earnings of $1.38 per share for in the fourth fourth, beating a FactSet estimate of $1.33 per share. Revenue totaled $310 million, in line with expectations.
Affirm – Affirm partitions dropped 8% even after the company reported a better-than-expected revenue for its fiscal-second quarter. The company hauled in $204 million in yield, while analysts polled by Refinitiv had forecast $189.2 million. It wasn’t clear if Affirm’s earnings per share were comparable to a Refinitiv guess.