Air vacationers stroll towards a Lyft pickup space at Los Angeles Worldwide Airport (LAX) on August 20, 2020 in Los Angeles, California.

Mario Tama | Getty Photos

Try the businesses making headlines after the bell on Tuesday:

Lyft – The corporate’s inventory gained 4.9% after the corporate mentioned it had its best week in terms of ridesharing volume since pandemic lockdowns began final 12 months. Lyft additionally mentioned it expects a narrower EBITDA loss for the primary quarter than it beforehand forecast.

Nordstrom – Nordstrom shares slid 1.8% after the retailer mentioned shipping delays kept some of its inventory from reaching shelves and stockrooms on time. Nordstrom additionally reported earnings per share of 21 cents on income of $3.65 billion for its fourth quarter. Analysts polled by Refinitiv anticipated earnings per share of 14 cents on income of $3.6 billion.

Box – Field shares climbed 1.9% on the again of better-than-expected fourth-quarter outcomes. The cloud-content administration firm logged earnings per share of 22 cents on income of $198.9 million. Analysts polled by Refinitiv anticipated earnings per share of 17 cents on income of $196.5 million.

FuboTV – Shares of sports activities streaming platform gained as a lot as 6.2% after the corporate reported a file fourth-quarter income. FuboTV posted income of $105.1 million for the quarter, topping a Refinitv forecast of $95.1 million. This additionally marked the primary time the corporate has posted quarterly income exceeding $100 million. FuboTV additionally mentioned it added 92,800 web subscribers within the fourth quarter to finish 2020 with greater than 547,000 paid viewers.

Hewlett Packard Enterprise – The corporate’s shares superior 0.6% after the corporate reported better-than-expected fiscal first-quarter outcomes. Hewlett Packard Enterprise earned 52 cents per share on income of $6.83 billion. Analysts polled by Refinitiv predicted earnings per share of 41 cents on income of $6.72 billion.

Pronews
Author: Pronews