Shoppers walk through the King of Prussia shopping mall in King of Prussia, Pennsylvania.
Jennah Moon | Bloomberg | Getty Images
Check out the companies that hit the headlines on Monday after the bell:
Virgin Galactic – Virgin Galactic fell more than 4% during expanded trading after the space company reported a loss of 55 cents per share in the first quarter, up from a 27 cents loss expected by analysts surveyed by Refinitiv. Virgin Galactic announced that it has not yet set a target date for the next space test that the company previously planned for this month.
Simon Property Group – The property owner and manager saw shares drop roughly 1% after the bell after the first quarter earnings report. Simon posted earnings of $ 1.36 per share on revenue of $ 1.15 billion for the first quarter. Analysts polled by Refinitiv had expected earnings per share of 96 cents on sales of 1.13 billion US dollars.
Callaway Golf – The golf equipment and apparel company’s stocks rose more than 5% in expanded trading after reporting profits and sales in the first quarter that exceeded expectations and demand for its products was never higher. “Our golf equipment business continues to experience unprecedented demand as our soft goods and top golf businesses are recovering from the pandemic faster than expected,” Chief Executive Chip Brewer said in a statement.
Wynn Resorts – Wynn shares rose 2% despite reporting results that fell below street expectations. The hotel operator reported a loss of $ 2.41 per share on revenue of $ 726 million for the first quarter, both of which undercut Refinitiv estimates.
Roblox – The online gaming platform’s shares rose 5% after posting a loss of 46 cents per share on revenue of $ 387 million in the first quarter. The company also said the average daily active users for the quarter was 42.1 million, up 79% year over year.
Affirm Holdings – Affirm fell about 3% in expanded trading after posting a loss of $ 1.06 per share on revenue of $ 230.7 million in the third quarter. Analysts had expected a loss per share of 29 cents on sales of 198.2 million US dollars per refinitive.
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