Stocks making the biggest moves after the bell: Activision Blizzard, T-Mobile, Lyft and more
Gamers of the Philadelphia Fusion, left, and London Spitfire teams compete during the Activision Blizzard Inc. Overwatch League Grand Finals at Barclay Center in the Brooklyn Borough of New York, U.S., on Friday, July 27, 2018.
Christopher Lee | Bloomberg | Getty Images
Check out the companies making headlines after the bell on Tuesday:
Activision Blizzard — Shares of the video game company popped more than 5% on quarterly results that beat analyst expectations. Activision Blizzard reported earnings of 84 cents per share, topping a Refinitiv forecast of 70 cents per share. The company’s revenue came in at $2.07 billion, beating an estimate of $1.78 billion.
T-Mobile — The wireless carrier’s stock rose 2.7% on the back of better-than-expected quarterly numbers. T-Mobile reported earnings of 74 cents per share on revenue of $19.76 billion. Analysts expected earnings of 57 cents per share on revenue of $19.76 billion, according to Refinitiv.
Lyft — The ride hailing giant’s shares climbed 4.5% after the company reported a smaller-than-expected first-quarter earnings loss. Lyft lost 35 cents per share, while analysts estimated a loss of 53 cents per share, according to Refinitiv. Revenue came in at $609 million, above the forecast $559 million.
Zillow —Shares of the online residential real estate company gained 3.8% on the back of earnings that beat Wall Street estimates. Zillow posted earnings of 44 cents per share on revenue of $1.22 billion. Wall Street expected earnings of 25 cents per share on revenue of $1.10 billion, according to Refinitiv.
Match Group — Match Group jumped 6.1% following after the company reported better-than-expected results for the previous quarter. Match Group reported earnings of 57 cents per share, above the forecast 40 cents per share, according to Refinitiv. Revenue came in at $668 million, above the expected $651 million. Match Group also gave strong revenue guidance.
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