Let’s check out the companies that are becoming a hot topic for after-hours trading. Mercury Systems — Shares of this technology company fell nearly 12% after falling short of Wall Street expectations in its fiscal second quarter. Mercury reported an adjusted loss of 42 cents per share on revenue of $197 million, while analysts polled by FactSet expected earnings of 7 cents per share on revenue of $213 million. I expected it to be. Viasat — Viasat’s third-quarter revenue beat Wall Street expectations, sending the telecom company’s stock up more than 5%. The company had revenue of $1.13 billion, compared to expectations of analysts surveyed by FactSet of $1.11 billion. The company’s adjusted earnings per share fell short of analysts’ expectations. Snap — Snap Inc. reported fourth-quarter revenue of $1.36 billion, compared to the $1.38 billion expected by analysts surveyed by LSEG (formerly Refinitiv). Stock prices plummeted more than 30%. The company beat expectations for active users in the fourth quarter, but average revenue per user fell short. VF Inc. — The apparel and footwear company’s stock fell more than 6% after the company missed expectations for its fiscal third quarter. VF said it had adjusted earnings of 57 cents per share on revenue of $2.96 billion. Analysts surveyed by LSEG had expected the company to earn 77 cents per share on revenue of $3.24 billion. Gilead Sciences — The biopharmaceutical company’s stock fell more than 2% after fourth-quarter adjusted earnings of $1.72 per share fell short of analysts surveyed by LSEG who had expected earnings of $1.76 per share. Sales were $7.12 billion, in line with expectations. Chipotle — Shares rose nearly 3% after fourth-quarter sales and bottom line beat Wall Street expectations. Chipotle’s earnings, excluding items, were $10.36 per share on revenue of $2.52 billion, compared to analysts’ estimates compiled by LSEG of $9.75 per share and $2.49 billion on revenue. was. Ford — Shares of the legacy automaker rose about 7% after Ford beat Wall Street expectations in the fourth quarter and issued stronger-than-expected full-year guidance. The company also announced plans to issue a special dividend of 18 cents per share. Disney, Warner Bros. Discovery, Fox Corporation. — Fox and Warner Bros. Discovery stock prices rose on news that the companies will partner with ESPN to launch sports streaming services later this year. ESPN’s parent company Disney’s stock fell more than 1%, while Warner Bros.’ stock rose nearly 3% and Fox’s stock rose nearly 4%.
CMG, SNAP, F, WBD etc.
