Activision Blizzard, T-Mobile, Lyft and more
Philadelphia Fusion (left) and London Spitfire players will compete in the Overwatch League final from Activision Blizzard Inc. at the Barclay Center in Brooklyn, New York on Friday, July 27, 2018.
Christopher Lee | Bloomberg | Getty Images
Check out the companies that hit the headlines on Tuesday after the bell:
Activision Blizzard – The video game company’s stocks rose more than 5% on quarterly results that beat analysts’ expectations. Activision Blizzard reported earnings of 84 cents per share, beating a refinitive forecast of 70 cents per share. The company’s revenue was $ 2.07 billion, surpassing an estimate of $ 1.78 billion.
T-Mobile – The share of the mobile operator rose due to better than expected quarterly figures by 2.7%. T-Mobile achieved a profit of 74 cents per share on sales of 19.76 billion US dollars. According to Refinitiv, analysts expect earnings of 57 cents per share on sales of 19.76 billion US dollars.
Lyft – The giant’s shares rose 4.5% after the company reported a less-than-expected profit loss in the first quarter. Lyft lost 35 cents per share, while analysts estimated a loss of 53 cents per share, according to Refinitiv. Revenue was $ 609 million, above the forecast $ 559 million.
Zillow – Shares in the online residential real estate company rose 3.8% on earnings that beat Wall Street estimates. Zillow posted earnings of 44 cents per share on sales of $ 1.22 billion. Wall Street expects earnings of 25 cents per share on sales of $ 1.10 billion, according to Refinitiv.
Match Group – Match Group rose 6.1% after reporting better-than-expected results for the previous quarter. According to Refinitiv, the Match Group achieved a profit of 57 cents per share, which was above the forecast 40 cents per share. Revenue was $ 668 million, above the expected $ 651 million. Match Group also gave strong sales forecasts.
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