Check out the companies making headlines in extended trading. Disney — Shares climbed about 6% in after-hours trading, buoyed by better-than-expected fiscal first-quarter earnings . Disney said it expects adjusted earnings to rise 20% to $4.60 per share in fiscal 2024, and it announced a new stock repurchase program and reinstated its dividend. The company also is making an investment in Epic Games , publisher of the Fortnite video game, among other news . PayPal — PayPal stock fell more than 3%. Although fourth-quarter results beat Wall Street estimates, the company’s forecast was lower than expected . It anticipates full-year earnings per share of $5.10, against analyst estimates of $5.48 per share, from LSEG, formerly known as Refinitiv. PayPal said the number of active users fell to 426 million, which was below the Wall Street estimate of 427.17 million, according to StreetAccount. Oscar Health — Shares gained more than 24% due to stronger-than-expected full-year guidance that surpassed Wall Street estimates. The company forecasts full-year revenue in the range of $8.3 billion to $8.4 billion compared to an estimate from analysts surveyed by FactSet of $6.9 billion. Wynn Resorts — Stock in the casino operator climbed about 3% afte …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in extended trading. Disney — Shares climbed about 6% in after-hours trading, buoyed by better-than-expected fiscal first-quarter earnings . Disney said it expects adjusted earnings to rise 20% to $4.60 per share in fiscal 2024, and it announced a new stock repurchase program and reinstated its dividend. The company also is making an investment in Epic Games , publisher of the Fortnite video game, among other news . PayPal — PayPal stock fell more than 3%. Although fourth-quarter results beat Wall Street estimates, the company’s forecast was lower than expected . It anticipates full-year earnings per share of $5.10, against analyst estimates of $5.48 per share, from LSEG, formerly known as Refinitiv. PayPal said the number of active users fell to 426 million, which was below the Wall Street estimate of 427.17 million, according to StreetAccount. Oscar Health — Shares gained more than 24% due to stronger-than-expected full-year guidance that surpassed Wall Street estimates. The company forecasts full-year revenue in the range of $8.3 billion to $8.4 billion compared to an estimate from analysts surveyed by FactSet of $6.9 billion. Wynn Resorts — Stock in the casino operator climbed about 3% afte …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
