Pinterest, Ford, eBay, etc.

Here are the stocks that made the headlines in extended trading:

The Pinterest-social media stock price surged 30% after reporting a 49% revenue increase in the third quarter. The company reported adjusted earnings per share of 13 cents and revenue of $443 million. Analysts surveyed by Refinitiv expect on average its quarterly earnings of 3 cents per share and revenue of $383.5 million. After Pinterest’s performance was released, Facebook and Twitter also moved higher.

Ford Motor (Ford)-General Motors third-quarter results exceeded Wall Street expectations, the company’s stock price rose 5%. The company announced adjusted earnings per share of 65 cents and revenue of $34.71 billion. Analysts surveyed by Refinitiv expect on average its quarterly earnings of 19 cents per share and revenue of $33.51 billion.

ServiceNow — After ServiceNow exceeded third-quarter earnings expectations, enterprise software stocks rose 2%. The company announced adjusted earnings per share of US$1.21 and revenue of US$1.15 billion. On average, analysts surveyed by FactSet expected its quarterly earnings of $1.03 per share and revenue of $1.11 billion. ServiceNow has also improved its year-round guidance for multiple categories.

Etsy-e-commerce company stock rose more than 1% in the extended transaction because Etsy exceeded analyst expectations for the third quarter. According to data from Refinitiv, the company’s adjusted earnings per share was 70 cents, 10 cents higher than expected, and revenue was $451 million, which exceeded Wall Street’s forecast of $413 million.

Gilead Sciences (Gilead Sciences)-The biotech company’s share price fell 1% in after-hours trading because its full-year earnings forecasts did not meet expectations. The company did report better-than-expected revenue and revenue for the third quarter. Gilead said its coronavirus treatment drug Remdesivir generated US$873 million in revenue during the quarter.

Ebay-Although its third-quarter results exceeded Wall Street expectations, the company’s stock price fell 4%. The company reported adjusted earnings per share of 85 cents, while analysts surveyed by Refinitiv expected an average of 77 cents. In terms of revenue, eBay reported US$2.61 billion, compared to expectations of US$2.48 billion. The company reported 183 million active buyers this quarter, 3 million less than expected.

Visa-payments company stock rose by about 1% after Visa announced that its fourth-quarter revenue was higher than expected. According to Refinitiv, the company’s $5.1 billion in revenue was $100 million higher than Wall Street analysts expected.