Stocks making the biggest moves after hours: DoorDash, Zillow and more
A DoorDash sign is pictured on a restaurant on the day of their IPO in New York, December 9, 2020.
Carlos Allegri | Reuters
Check out the companies making headlines after the bell:
Block – Shares rose more than 5% after hours despite Block missing earnings expectations on the upper and lower lines. The financial services company posted first-quarter earnings of 18 cents per share excluding items on revenue of $3.96 billion. Analysts had expected earnings of 21 cents per share on revenue of $4.16 billion, according to Refinitiv.
DoorDash – The delivery app saw shares jump more than 8% in extended trading after DoorDash’s first-quarter revenue beat analysts’ estimates. DoorDash saw revenue of $1.46 billion compared to Refinitiv’s consensus estimate of $1.38 billion.
Dropbox — The stock rose about 1% after hours following a better-than-expected quarterly report. Dropbox earned adjusted earnings of 38 cents per share on revenue of $562 million. Analysts had expected earnings of 37 cents per share on revenue of $559 million, according to Refinitiv.
Zillow Group – The online real estate market saw its shares fall around 10% after hours despite a beating on the top and bottom results. Zillow reported first-quarter adjusted earnings of 49 cents per share on revenue of $4.26 billion. Refinitiv’s consensus estimate was 26 cents per share earned on revenue of $3.39 billion.
Virgin Galactic Holdings – Space stock fell about 2% in after-hours trading as the company announced it would delay the launch of its commercial service to the first quarter of 2023.
Sweetgreen – Shares jumped more than 4% in extended trading after the salad chain recorded a revenue beat. Sweetgreen lost 45 cents per share and posted revenue of $102.6 million. Analysts polled by Refinitiv had expected a loss of 41 cents per share, on revenue of $101.5 million.
Live Nation Entertainment – The stock rose about 3% in after-hours trading as Live Nation posted a lower-than-expected loss per share. The company lost 39 cents per share against a Refinitiv consensus estimated loss of 79 cents per share. Revenues were slightly below expectations.
Shake Shack – Shares of the restaurant chain rose about 1% in extended hours after a better-than-expected quarterly report. Shake Shack reported a first-quarter loss of 19 cents a share excluding items on revenue of $203 million. Analysts polled by Refinitiv had expected a loss per share of 22 cents on revenue of $201 million.
– CNBC’s Sarah Min contributed to this report.