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The Stock MarketDisney, Beyond Meat, Affirm Holdings and more

Disney, Beyond Meat, Affirm Holdings and more

The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day.

Source: NYSE

Check out the businesses making headlines after the bell:

Disney — Shares of the media big dropped more than 4% in after hours buying and selling after lacking on the highest and backside strains of its quarterly outcomes. Disney reported earnings of 37 cents per share on income of $18.53 billion. Wall Street anticipated earnings of 51 cents per share on income of $18.79 billion, in line with Refinitiv. Disney+ subs additionally got here in wanting estimates at 118.1 million, in comparison with the forecast of 125.4 million.

Beyond Meat — Shares of the choice meat firm tanked 13% in prolonged buying and selling after reporting a wider-than-expected quarterly loss. Beyond Meat reported a GAAP lack of 87 cents per share, decrease than the anticipated lack of 39 cents per share, in line with Refinitiv. The firm made $106.4 million in income, lacking estimates of $109.2 million. The firm’s fourth-quarter outlook additionally fell wanting Wall Street’s expectations.

Affirm Holdings — Shares of Affirm, the digital “buy now, pay later” firm, soared more than 21% in after-hours buying and selling on Wednesday, after the corporate mentioned it will increase its partnership with Amazon. Affirm made $269.4 million in income, topping estimates of $248.2 million, in line with Refinitiv. The firm reported a lack of $1.13 per share.

AMC Entertainment — Shares of the movie show chain ticked 3% decrease in after hours buying and selling on information that AMC Entertainment CEO dam Aron offered $25 million in shares on Tuesday.

Bumble — Shares of the relationship app inventory fell 8% decrease in prolonged buying and selling after reporting a lack of 6 cents per share, 6 cents beneath analyst estimates, in line with Refinitiv. Revenue, nonetheless, got here is better-than-expected.

Honest Company — Shares of the cosmetics firm Honest jumped 6% in after hours buying and selling following its quarterly outcomes. Earnings got here in according to expectations and income topped Wall Street’s forecasts, in line with Refinitiv.

Sofi — Shares of Sofi rallied 14% in after hours buying and selling after reporting better-than-expected earnings. The fintech firm reported a lack of 5 cents per share, topping estimates by 9 cents, in line with Refinitiv.

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