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After-hours movers: Upstart, Robinhood sink following results; Upwork gains

Published 11/07/2023, 06:11 PM
© Reuters.  After-hours movers: Upstart, Robinhood sink following results; Upwork gains
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After-Hours Stock Movers:

Upstart Holdings (NASDAQ:UPST) 20% LOWER; reported Q3 EPS of ($0.05), $0.03 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $135 million versus the consensus estimate of $139.76 million. Upstart Holdings sees Q4 2023 revenue of $135 million, versus the consensus of $157 million.

Upwork Inc. (NASDAQ:UPWK) 18% HIGHER; reported Q3 EPS of $0.21, $0.11 better than the analyst estimate of $0.10. Revenue for the quarter came in at $175.73 million versus the consensus estimate of $168.33 million.

Toast (TOST) 17% LOWER; reported Q3 EPS of ($0.09), $0.13 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.03 billion. Toast sees Q4 2023 revenue of $1-1.03 billion, versus the consensus of $1.03 billion.

PetIQ, Inc. (PETQ) 11% HIGHER; reported Q3 EPS of $0.42, $0.40 better than the analyst estimate of $0.02. Revenue for the quarter came in at $277 million versus the consensus estimate of $229.07 million. PetIQ, Inc. sees FY2023 revenue of $1.06-1.08 billion, versus the consensus of $1.03 billion. Adjusted EBITDA of $99 million to $103 million, an increase of approximately 30.0% compared to 2022 based on the mid-point of the guidance.

Robinhood (NASDAQ:HOOD) 9% LOWER; reported Q3 EPS of $0.02, ex-items, $0.12 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $467 million versus the consensus estimate of $480.06 million.

Coupang (CPNG) 7% LOWER; reported Q3 EPS of $0.05, $0.02 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $5.92 billion.

Bumble (BMBL) 6% LOWER; reported Q3 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $275.5 million versus the consensus estimate of $277.11 million.

eBay (NASDAQ:EBAY) 6% LOWER; reported Q3 EPS of $1.03, $0.03 better than the analyst estimate of $1.00. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.5 billion. eBay sees Q4 2023 EPS of $1.00-$1.05, versus the consensus of $1.05. eBay sees Q4 2023 revenue of $2.47-2.53 billion, versus the consensus of $2.597 billion. eBay sees FY2023 EPS of $4.17-$4.22, versus the consensus of $4.15. eBay sees FY2023 revenue of $10.02-10.08 billion, versus the consensus of $10.145 billion.

Gilead Sciences (NASDAQ:GILD) 2% LOWER; reported Q3 EPS of $2.29, $0.38 better than the analyst estimate of $1.91. Revenue for the quarter came in at $7.1 billion versus the consensus estimate of $6.81 billion. Gilead Sciences sees FY2023 EPS of $6.65-$6.85, versus the consensus of $6.25. Gilead Sciences sees FY2023 revenue of $26.7-26.9 billion, versus the consensus of $25.3 billion.

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