Stocks making the biggest moves after the bell: Avis Budget, Arista Networks & more
$Avis Budget (CAR.US)$ — Avis shares dipped slightly even after the car rental company posted a quarterly profit that beat analyst expectations. The company earned an adjusted $7.08 per share in its latest quarter, topping a Refinitiv estimate of $6.15 per share.
$Arista Networks (ANET.US)$ — Shares of Arista Networks popped more than 8% on the back of better-than-expected quarterly results. The company posted an adjusted profit of 82 cents per share on revenue of $824.5 million. Analysts expected earnings of 74 cents per share on revenue of $790.1 million, according to StreetAccount. Arista also issued first-quarter revenue guidance that was above analyst forecasts.
$Brookdale Senior Living (BKD.US)$ — The retirement home operator reported a fourth-quarter EBITDA of $35.8 million, narrowly missing a StreetAccount forecast of $36.2 million. The company’s revenue for the quarter came in at $643.9 million, marginally above estimates. Shares fell slightly.
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