Stocks making the biggest moves after the bell: Avis Budget, Arista Networks & more

Finance

In this article

People wait in line at Avis rental agency in the Miami International Airport Car Rental Center on April 12, 2021 in Miami, Florida.
Joe Raedle | Getty Images

Check out the companies making headlines after the bell Monday:

Avis Budget — Avis shares dipped slightly even after the car rental company posted a quarterly profit that beat analyst expectations. The company earned an adjusted $7.08 per share in its latest quarter, topping a Refinitiv estimate of $6.15 per share.

Arista Networks — Shares of Arista Networks popped more than 8% on the back of better-than-expected quarterly results. The company posted an adjusted profit of 82 cents per share on revenue of $824.5 million. Analysts expected earnings of 74 cents per share on revenue of $790.1 million, according to StreetAccount. Arista also issued first-quarter revenue guidance that was above analyst forecasts.

Brookdale Senior Living — The retirement home operator reported a fourth-quarter EBITDA of $35.8 million, narrowly missing a StreetAccount forecast of $36.2 million. The company’s revenue for the quarter came in at $643.9 million, marginally above estimates. Shares fell slightly.

Articles You May Like

WNBA Commissioner Cathy Engelbert to retire at the end of 2026
Trump admin targets tax-exempt status at private colleges — threatening a key tax break for donations
Does Medicare pay for long-term care? Many people get it wrong — and it may cost them later
Here’s where rental demand is heading and what it means for future home sales
New York Fed’s Williams says yield surge due to strong economic prospects

Leave a Reply

Your email address will not be published. Required fields are marked *