AMZN, PINS, EXPE and extra

Attempt the companies making headlines in extended shopping for and promoting:

Amazon — The e-commerce massive fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts product sales throughout the first quarter between $151 billion and $155.5 billion. Analysts surveyed by LSEG have been looking out for $158.5 billion. Within the meantime, the company’s fourth-quarter earnings and earnings have been above consensus expectations. 

Take-Two Interactive Software program program — The net recreation agency jumped virtually 7% no matter posting fiscal third-quarter earnings of $1.37 billion. Analysts polled by LSEG had anticipated $1.39 billion. Take-Two sees its current-quarter earnings, based on web bookings, coming in between $1.48 billion and $1.58 billion versus the estimated $1.54 billion.

Affirm Holdings — Shares of the charge agency jumped higher than 9% following a top-line beat for the fiscal second quarter. Affirm reported $866 million in revenues, whereas analysts anticipated $807 million, per LSEG. Gross merchandise amount grew 35% year-over-year throughout the prior quarter.

Pinterest — Shares of the social media agency popped 18%. Earnings for the fourth quarter obtained right here in at $1.15 billion, barely ahead of analysts’ estimates of $1.14 billion, per LSEG. Pinterest moreover said it expects earnings of $837 million to $852 million throughout the first quarter, whereas analysts sought $833 million.

Expedia — The stock gained 11% after the company’s fourth-quarter outcomes topped Wall Avenue expectations. Expedia posted adjusted earnings of $2.39 per share on earnings of $3.18 billion. That’s higher than the $2.04 per share on $3.07 billion in earnings that analysts had penciled in, in step with LSEG. The company moreover reinstated its quarterly dividend at 40 cents per share.

Bill Holdings — Shares plunged about 32% after the billing software program program agency issued disappointing fiscal third-quarter earnings guidance. Bill Holdings expects for that interval to generate earnings between $352.5 million and $357.5 million, beneath the $360.4 million that analysts surveyed by LSEG have been anticipating. Nonetheless, earnings and earnings for the second quarter beat analysts’ expectations.

Fortinet — The cybersecurity stock rallied 11%. Fortinet posted better-than-expected outcomes for the fourth quarter, together with sturdy guidance for the overall 12 months. Fortinet sees full-year revenues falling between $6.65 billion and $6.85 billion, topping the $6.63 billion estimate from analysts, per LSEG. 

E.l.f. Magnificence — The cosmetics agency tumbled 23% after slashing its guidance for the overall fiscal 12 months. E.l.f now sees product sales ranging from $1.3 billion to $1.31 billion, wanting consensus estimates of $1.34 billion, per StreetAccount. Adjusted earnings for the third quarter moreover narrowly missed expectations, coming in at 74 cents per share versus analysts’ forecast for 75 cents a share, per LSEG.

Monolithic Power Strategies — The semiconductor stock soared 16% following sturdy fourth-quarter outcomes. Monolithic Power Strategies reported adjusted earnings of $4.09 per share on earnings of $621.7 million. Analysts surveyed by FactSet had often called for earnings of $3.98 per share on $608.1 million in earnings. The company moreover issued better-than-expected earnings guidance for the current quarter and a $500 million stock repurchase program. Administration moreover elevated the quarterly dividend by virtually 25%. 

— CNBC’s Sean Conlon, Lisa Kailai Han and Darla Mercado contributed reporting.