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Home Stock Market

Pinterest, Simon Property and extra

August 1, 2022
in Stock Market
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Pinterest, Simon Property and extra
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Take a look at the businesses making headlines after the bell: 

Pinterest — Shares of the image-sharing firm popped greater than 19% regardless of a miss on the highest and backside strains as activist investor Elliott Administration revealed it’s now the biggest investor. The corporate additionally beat month-to-month lively consumer estimates.

Simon Property Group — Simon Property’s inventory rose greater than 1% in prolonged coaching regardless of a income miss. The REIT beat earnings estimates by eight cents and shared earnings steering for the complete 12 months that topped expectations.

Arista Networks — The cloud computing inventory added 4.6% after hours following a beat on the highest and backside strains within the newest quarter. Arista Networks reported adjusted earnings of $1.08 per share on revenues of $1.05 billion and posted sturdy income steering for the present quarter.

Avis Funds — The rental automobile firm gained 6% in prolonged buying and selling on the again of a better-than-expected quarter. Avis Funds posted adjusted earnings per share of $15.94 per share on $3.24 billion in income. Analysts anticipated earnings of $11.48 a share on income of $3.17 billion.

ZoomInfo — Shares of ZoomInfo jumped 12% postmarket after topping earnings and income estimates for the newest quarter. The corporate reported adjusted earnings of 21 cents per share on $267 million in income and lifted its steering for the complete 12 months.



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