Activision Blizzard Inc held at the Barclays Center in Brooklyn, New York City, USA on Friday, July 27, 2018. Gamers from the Philadelphia Fusion (left) team and the London Spitfire team will compete in the Overwatch League Grand Finals.
Christopher Lee | Bloomberg | Getty Images
Check out the companies that make headlines after the bell on Tuesday:
Activision Blizzard — Video game company share surged more than 5% in quarterly results that exceeded analysts’ expectations. Activision Blizzard reported revenue of 84 cents per share, exceeding Refinitiv’s forecast of 70 cents per share. The company’s revenue is $ 2.07 billion, well above the estimated $ 1.78 billion.
T-Mobile — Wireless carrier stocks rose 2.7% against the backdrop of higher-than-expected quarters. T-Mobile reported revenue of $ 19.76 billion and revenue of 74 cents per share. According to Refinitiv, analysts are expected to generate $ 19.76 billion in revenue and 57 cents per share.
Lyft — Ridehaling Giants shares rose 4.5% after the company reported lower-than-expected earnings losses in the first quarter. According to Refinitiv, Lyft lost 35 cents per share, while analysts estimate a loss of 53 cents per share. Revenue was $ 609 million, exceeding the forecast of $ 559 million.
Zillow — Shares of an online residential real estate company rose 3.8% on a back of higher-than-estimated earnings on Wall Street. Zillow earned $ 1.22 billion and generated 44 cents per share. According to Refinitiv, Wall Street is expected to generate $ 1.10 billion in revenue and 25 cents per share.
Match Group — Match Group surged 6.1% after the company reported better-than-expected results in the previous quarter. According to Refinitiv, Match Group earned 57 cents per share, higher than expected 40 cents per share. Revenue was $ 668 million, exceeding the expected $ 651 million. Match Group also provided strong revenue guidance.
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Activision Blizzard, T-Mobile, Lyft, etc.
Source link Activision Blizzard, T-Mobile, Lyft, etc.