Uber, Spirit Airlines, Zillow Team & much more

Examine out the businesses producing headlines after the bell on Wednesday:

Uber — Shares of the ride-hailing business slid additional than 2% in prolonged trading right after Uber described fourth-quarter benefits. The company lost 54 cents for each share during the time period, which was lesser than the Road consensus for a reduction of 56 cents for every share, in accordance to estimates from Refinitiv. Income came in at $3.17 billion, under a forecast of $3.58 billion. The firm’s income from mobility fell 50% yr in excess of yr, even though delivery earnings jumped 130% from the prior calendar year.

iRobot Company — Shares of the robotics enterprise jumped a lot more than 8% just after iRobot mentioned it earned 84 cents for each share excluding things during the fourth quarter, topping a Refinitiv estimate of 31 cents for every share. Income arrived in at $545 million, while Street analysts experienced been looking for $494 million in gross sales.

Zillow Group — Zillow shares obtained more than 7% immediately after the serious estate firm’s best and base-line figures beat analyst anticipations. Fourth-quarter earnings arrived in at 41 cents for every share excluding products, ahead of the 27-cent income analysts surveyed by Refinitiv have been expecting. Income arrived in at $789 million, also in advance of the envisioned $741 million.

Spirit Airlines — Spirit shares slid a lot more than 6% after the enterprise posted a wider-than-predicted reduction for the fourth quarter. The airline shed $1.61 for every share excluding products, even though reporting a revenue of $498.5 million. Analysts surveyed by FactSet anticipated the enterprise to drop $1.47 for each share on revenue of $516 million.

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