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Check out the companies making headlines in extended trading.
Airbnb — Airbnb’s shares rose 10% after the company released fourth-quarter results that beat analysts’ expectations. The company reported earnings per share of 48 cents, up from the estimated 25 cents, according to consensus estimates by Refinitiv. Airbnb generated $1.90 billion in revenue, up from the $1.86 billion forecast.
Trip Advisor — Shares of the online travel company rose 7% after its earnings report beat Wall Street estimates. TripAdvisor reported fourth-quarter adjusted earnings per share of 16 cents and revenue of $354 million. Analysts polled by Refinitiv had forecast earnings of 4 cents and revenue of $344 million. Viator, the company’s travel business, grew 115% year over year to $127 million in fourth-quarter revenue as travelers began booking experiences alongside travel.
Devonian energy — Shares of the energy company fell 5% after the company’s disappointing fourth-quarter earnings report. Devon reported adjusted earnings per share of $1.66, below analyst consensus estimate of $1.75, according to Refinitiv. Earnings also fell short of Wall Street’s expectations.
Go Daddy — Shares of the web hosting company fell more than 1% after the company released a mixed earnings report. GoDaddy’s $1.04 billion in revenue was in line with analyst estimates, according to Refinitiv. The company’s earnings per share of $0.60 were 2 cents below expectations. .