Under Armour, Mosaic, XPO Logistics & more


Check out the businesses making headlines after the bell on Monday:

Mosaic — Shares of the fertilizer maker dipped more than 3% in prolonged buying and selling after the corporate’s first-quarter outcomes had been launched. Mosaic earned 57 cents per share excluding gadgets on $2.3 billion in income. Analysts surveyed by FactSet had been anticipating the corporate to earn 54 cents per share on $2.26 billion in income.

XPO Logistics — XPO Logistics slid 1.8% regardless of the corporate beating prime and backside line estimates in the course of the first quarter. The logistics options title earned $1.46 per share excluding gadgets, in comparison with the anticipated 97-cent per share revenue analysts surveyed by Refinitiv had been anticipating. Revenue got here in at $4.77 billion, forward of the anticipated $4.33 billion.

Under Armour — Shares of the retailer briefly gained more than 1% after the corporate mentioned it has entered right into a settlement with the SEC over disclosure failures. Under Armour mentioned in a press release that it has agreed to pay a civil financial penalty of $9 million, along with different non-monetary settlement phrases.

ZoomInfo Technologies — ZoomInfo Technologies climbed 1.9% on the again of the corporate’s first-quarter earnings. The software-as-a-service firm earned 13 cents per share for the interval, excluding gadgets, whereas posting income of $153.3 million. Analysts surveyed by FactSet had been anticipating the corporate to earn 10 cents per share and report gross sales of $145.5 million.

SmileDirectClub — Shares of the teledentistry firm dropped 6.9% after the agency mentioned it skilled a methods outage final month attributable to a cybersecurity incident, which can have a “material impact” on its second-quarter outcomes.

Domtar Corporation — Shares jumped 16% following a report from Bloomberg that Paper Excellence is exploring taking the corporate personal. The report cites folks conversant in the matter.

Disclosure: NBC Nightly News investigated SmileDirectClub’s buyer complaints in February. The firm accused NBC Universal of publishing false details about the corporate and is in search of $2.85 billion for defamation.

—CNBC’s Yun Li contributed reporting.

Become a better investor with CNBC Pro
Get inventory picks, analyst calls, unique interviews and entry to CNBC TV. 
Sign as much as begin a free trial today

Leave a Reply

Your email address will not be published. Required fields are marked *