Check out the companies that make headlines in their expanded trading. Affirmation – Buy Now Shares, the later company pulled back 9%. AFFIRM issued fourth-quarter revenue guidance ranging from $815 million to $845 million, with a midpoint of $830 million. This is the consensus estimate range of $841 million per LSEG. Pinterest – Image sharing platform has been added over 15%. Pinterest has issued quarter guidance that is better than expected for revenue at the midpoint. First quarter revenue also surpassed analyst estimates, with the LSEG consensus estimates reaching $855 million compared to $847 million. Coinbase – Cryptocurrency exchange pulled back 3% on the heels of first quarter revenue, which is weaker than expected. Coinbase reported revenue of $2.03 billion, with analysts voted by LSEG expected $2.12 billion. SweetGreen – The restaurant chain fell more than 8% after trimming its full-year revenue outlook. SweetGreen sought year-end revenues before interest, taxes, depreciation and amortization in the range of approximately $30 million, ranging from the past $32 million to $38 million. The new numbers lack the $33.4 million analysts that Factset wanted. Trade Desk – The digital marketing company’s stock rose almost 13% after a better-than-expected first-quarter results. The Trade Desk reported a profit of 33 cents excluding items on revenue of $616 million. Analysts voted by LSEG were looking for 25 cents and $584 million. Microchip Technology – Semiconductor stock rose 7% after microchips issued higher than expected fiscal first quarter guidance. The company currently expects first quarter adjusted revenues ranging from 18 to 26 cents per share, but analysts voted by LSEG were looking for 16 cents. Microchip’s fourth quarter results also outperformed the top and bottom line analyst estimates. Monster Beverage – Energy drinks company fell almost 2% after first quarter revenues missed analyst estimates. The Monster reported revenue of $1.85 billion, with analysts projecting factset $1.98 billion.
Stocks that make the biggest moves outside of business hours: AFRM, coins, pins
