Check out the companies making headlines in after-hours trading: Delta Air Lines — Shares of the airline operator slid about 14%. The company dialed back its forecast for the first quarter, citing “the recent reduction in consumer and corporate confidence caused by increased macro uncertainty.” Delta now sees year-over-year revenue growth of 3% to 4% for the period, down from a projected increase of 7% to 9%. The company also dialed back its earnings outlook to 30 cents to 50 cents per share, compared to an earlier forecast of 70 cents to $1 per share. Oracle — The cloud computing stock gained 3%. Oracle announced it was raising its quarterly dividend by 25% to 50 cents per share. Separately, fiscal third-quarter results missed Wall Street’s expectations on the top and bottom lines. Asana — Shares plunged more than 25% after CEO Dustin Moskovitz announced he is going to retire . The company also issued weak guidance. Asana expects first-quarter revenue of between $184.5 million and $186.5 million, below the $191 million analysts were expecting, according to LSEG. Meanwhile, the company anticipates full-year revenue will come in at $782 million to $790 million, while analysts had estimated $803.5 million. Redfin — Shares of the real estate company pulled back more than 3%, giving back some of Monday’s nearly 68% gain. On Monday, Redfin announced Rocket Companies will acquire the company in an all-stock $1.75 billion deal , which is expected to close in the second or third quarter of this year. Vail Resorts — The stock gained more than 4% on the heels of its better-than-expected fiscal second-quarter earnings report. Vail reported earnings of $6.56 per share, above the $6.31 per share that analysts surveyed by LSEG had sought. Revenue for the period came in line with expectations at $1.14 billion. — CNBC’s Darla Mercado contributed reporting.
Add A Comment
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 Budgetsmart.ai – All rights reserved.