Patrick T. Fallon | Bloomberg | Getty Photos
Take a look at the businesses making headlines after the bell on Monday:
Sq. – Shares of the monetary providers firm slipped 4.1% amid information information that Sq. bought $170 million in Bitcoin. Sq. additionally reported quarterly outcomes that beat analyst expectations. The corporate earned 32 cents per share on income of $3.16 billion. Analysts polled by Refinitiv had forecast a revenue of 24 cents per share on income of $3.09 billion.
Toll Brothers – The house development firm’s shares have been up 1.4% after Toll Brothers reported better-than-expected outcomes for its fiscal first quarter. The corporate posted earnings per share of 76 cents on income of $1.41 billion. Analysts anticipated a revenue of 47 cents per share on income of $1.35 billion, in accordance with Refinitiv.
GameStop – Shares of the gaming retailer slid 4% after GameStop introduced CFO Jim Bell was resigning, efficient March 26. The corporate additionally stated it began a seek for Bell’s alternative.
Intuit – Intuit shares dipped 3% after the corporate’s quarterly numbers fell wanting analyst estimates. The corporate reported earnings per share of 68 cents, whereas FactSet estimated earnings per share of 86 cents. Intuit additionally missed the mark on the highest line, reporting income of $1.58 billion. Analysts anticipated income of $1.68 billion, in accordance with FactSet.
Sprout Social – The software program firm’s inventory gained 3.5% on the again of better-than-expected fourth-quarter outcomes. Sprout reported a lack of 6 cents per share. Analysts anticipated a lack of 11 cents per share, in accordance with FactSet. Sprout’s income of $37.5 million additionally beat analyst estimates.
Verisk Analytics – The analytics firm’s shares pulled again by 3% after the corporate reported weaker-than-expected fourth-quarter outcomes. Verisk reported earnings per share of $1.27, whereas FactSet estimated a revenue of $1.30 per share. The corporate additionally reported income of $713.3 million, barely under analyst forecasts.
Flowserve – Flowserve shares have been down 8% after the commercial equipment firm issued full-year earnings steerage that disenchanted analysts and traders. The corporate expects earnings per share to vary between $1.30 and $1.55. Analysts polled by FactSet anticipated 2021 earnings steerage of $1.66 per share.