Stocks Moving After Hours: Kraft Heinz, Extraction Oil, Zillow, HP Enterprise
Published Feb 21, 2019 05:04PM ET
Updated Feb 21, 2019 05:55PM ET
Investing.com - These stocks were active after hours.
- Kraft Heinz (NASDAQ:KHC) shares were slumping 9% postmarket. The food giant reported earnings of 84 cents a share, missing the estimate of 94 cents compiled by Investing.com and down from 90 cents a year ago. Revenue of $6.89 billion missed the estimate of $6.94 billion, but was up slightly from a year ago.
- Shares of Extraction Oil & Gas (NASDAQ:XOG) jumped more than 15% after hours after earnings of 51 cents a share blew away estimates compiled by Investing.com of 8 cents a share. The Denver company reported revenue jumped 35% to $288 million. That beat the estimate of $262.2 million.
- Shares of online real-estate brokerage Zillow Group (NASDAQ:ZG) were off 1.5% postmarket. The company said Rich Barton, a co-founder and former CEO, is returning to the company as CEO, replacing co-founder Spencer Rascoff, who remains on the board. The stock has fallen 25% in the last year, and there's been talk the Seattle company could be a takeover target. The news came before the company announced its fourth-quarter results. Analysts polled by Investing.com were expecting 2 cents a share in earnings, down from 19 cents a year ago, and revenue of $351.3 million. That would be up 27% from a year ago, but revenue has been flat since the second quarter.
- Hewlett Packard Enterprise (NYSE:HPE) rose 3% after hours. The company, which provides enterprise hardware and software and other services, said it earned 42 cents a share in the fiscal-first quarter. That was ahead of the estimate of 35 cents a share from analysts polled by Investing.com and 34 cents a share a year ago. Revenue was $7.56 billion, less than the estimate of $7.63 billion and a year ago's $7.67 billion.
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Written By: Investing.com
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