Roblox, Electronic Arts, Coinbase, RealReal and more

An attendee tries out an Electronic Arts video game during the annual Studio Showcase media event at the company’s headquarters in Redwood City, California.

Tony Avelar | Bloomberg | Getty Images

Find out which companies are making headlines in the midday business.

Unity Software – The stock plunged more than 33% after the video game software company reported revenue below expectations. Unity Software reported first-quarter revenue of $320 million, while analysts polled by Refinitiv had expected $322 million.

Coinbase – Shares fell 23% after Coinbase reported lower-than-expected first-quarter revenue. Coinbase reported revenue of $1.17 billion against Refinitiv’s consensus estimate of $1.48 billion. The company said falling crypto asset prices and market volatility impacted first-quarter results.

Electronic Arts – The video game publisher’s shares jumped 11% after the company reported recent earnings and announced it would end its partnership with FIFA. MoffettNathanson analysts recommended Electronic Arts shares due to the company’s stable base to weather the market volatility ahead.

Roblox – Shares of the online gaming platform jumped more than 7% despite weaker-than-expected quarterly results. Roblox reported a loss of 27 cents in its latest quarter, compared to a loss of 21 cents expected by analysts polled by Refinitiv. Revenue was $631.2 million, compared to Refinitiv’s consensus estimate of $645 million.

Wendy’s – Shares of the fast-food chain fell 9% after Wendy’s missed first-quarter estimates on higher and lower results. The company reported adjusted earnings per share of 17 cents on $489 million in revenue. Analysts polled by Refinitiv had forecast 18 cents a share on $497 million in revenue. Sales growth in the United States was only 2.4% despite an increase in the total number of restaurants, and company-operated restaurant margins declined.

The RealReal – Shares of the second-hand luxury seller fell 13% after the company reported a bigger-than-expected loss for its latest quarter. RealReal said it was poised to benefit from higher prices which could be reflected in the prices of new luxury goods.

Krispy Kreme – Donut stock jumped more than 6% after a better-than-expected first quarter. Krispy Kreme reported adjusted earnings per share of 8 cents on $373 million in revenue. Analysts polled by Refinitiv had expected 7 cents per share and $368 million in revenue. The company’s operating margin increased year over year.

Occidental Petroleum – The stock rose more than 2% after a better than expected quarterly report. Occidental reported first-quarter earnings of $2.12 a share on revenue of $8.53 billion. Analysts had expected earnings of $2.03 per share on revenue of $8.08 billion, according to Refinitiv.

Perrigo — The pharmaceuticals stock soared more than 6% after Perrigo’s first-quarter revenue was stronger than expected. The company also raised its net sales growth forecast for the full year to 8.5%-9.5% from 3.5%-4.5%, due to an acquisition, as well as its organic sales growth forecasts. Earnings per share for the first quarter, however, exceeded expectations.

H&R Block – The tax preparation company saw its shares jump 17% after reporting better-than-expected earnings and revenue for the last quarter and issued a positive financial forecast on upbeat tax season results .

– CNBC’s Hannah Miao, Jesse Pound and Sarah Min contributed reporting.

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