Shares that make the largest strikes after the bell: Lyft, Nordstrom, Field & extra
Air travelers walk to a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California.
Mario Tama | Getty Images
Check out the companies that hit the headlines on Tuesday after the bell:
Lyft – The company’s stock rose 4.9% after posting its best week in terms of ridesharing volume since the pandemic lockdowns began last year. Lyft expects a lower EBITDA loss for the first quarter than previously forecast.
Nordstrom – Nordstrom shares were down 1.8% after the retailer said shipping delays prevented some of its inventory from getting to shelves and storage rooms in a timely manner. Nordstrom reported fourth quarter earnings per share of 21 cents on sales of $ 3.65 billion. Analysts polled by Refinitiv expected earnings per share of 14 cents on sales of 3.6 billion US dollars.
Box – Box stock rose 1.9% on better-than-expected fourth quarter results. The cloud content management company had earnings per share of 22 cents on sales of $ 198.9 million. Analysts polled by Refinitiv expected earnings per share of 17 cents on sales of 196.5 million US dollars.
FuboTV – The sports streaming platform’s shares rose 6.2% after the company posted record sales in the fourth quarter. FuboTV achieved revenue of USD 105.1 million for the quarter, exceeding the Refinitv forecast of USD 95.1 million. It also marked the first time the company had over $ 100 million in quarterly revenue. FuboTV also announced that it added 92,800 net subscribers with more than 547,000 paid viewers in the fourth quarter through 2020.
Hewlett Packard Enterprise – The company’s shares rose 0.6% after the company posted better-than-expected first-quarter results. Hewlett Packard Enterprise made 52 cents per share on sales of $ 6.83 billion. Analysts polled by Refinitiv forecast earnings per share of 41 cents on sales of $ 6.72 billion.