Pinterest, Ford, eBay and more – tech2.org

Pinterest, Ford, eBay and more


Here are the stocks that make headlines in the expanded business:

Pinterest – Social media stock rose 30% after reporting 49% revenue growth in the third quarter. The company reported 13 cents adjusted earnings per share and $ 443 million in revenue. Analysts polled by Refinitive were looking for 3 cents in earnings per share and $ 383.5 million in revenue. Facebook and Twitter were also on the rise after the results of Pintrest.

Ford – After the company beat Wall Street expectations on the up and down lines for the third quarter, shares of Legacy Automaker rose 5%. The company reported 65 cents in adjusted earnings per share on revenue of $ 34.71 billion. Analysts polled by Refinitive estimated 19 cents per share and $ 33.51 billion, or revenue.

ServiceNow – Enterprise software stock rose 2% after ServiceNow beat third-quarter earnings expectations. The company reported $ 1.21 billion in adjusted earnings per share in revenue of $ 1.15 billion. Analysts polled by FactSet were looking for $ 1.03 in earnings per share and $ 1.11 billion in revenue. ServiceNow also raised its full-year guidance for several categories.

Etsy – Shares of the e-commerce company climbed more than 1% in extended trading as Etsy beat analyst expectations for the third quarter. According to Refinitive, the company’s adjusted earnings per share of 70 cents was 10 cents higher than estimates, while revenue of $ 451 million beat Wall Street Projection by $ 413 million.

Gilead Sciences – The biotech stock fell after 1-hour trading after forecasting a full-year earnings guidance lapse. The company reported better revenue and revenue than its third quarter. Gilead said its coronavirus treatment Remedisvir generated $ 873 million in revenue during the quarter.

Ebay – E-commerce stock slipped 4% despite beating Wall Street expectations on the up and down lines for its third-quarter results. The company reported adjusted earnings of 85 cents per share, compared to 77 cents expected by analysts surveyed by Refinitive. On the revenue front, eBay expected $ 2.61 billion vs. $ 2.48 billion. The company reported 183 million active buyers during the quarter, down nearly 3 million from estimates.

Visa – The payment company’s shares rose nearly 1% when Visa reported higher-than-expected revenue for its fiscal fourth quarter. According to Refinitiv, the company’s $ 5.1 billion in revenue was $ 100 million more than what Wall Street analysts had estimated.

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