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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on the stock mover's report

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Speaker 2: the company's making moves at the close of US trading

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Speaker 2: with Carol Master, Tim Stenebeck, Romain Bostik, and Scarlet Foo.

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Speaker 3: All right, let's get to some earnings right away, because

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Speaker 3: there's a whole slew of them coming. And let's start

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Speaker 3: with the online travel company Expedia second quarter. For the

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Speaker 3: quarter that ended, gross bookings of thirty point four to

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Speaker 3: one billion dollars higher than what was anticipated, which was

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Speaker 3: twenty nine point seven eight billion dollars adjusted EPs, beating

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Speaker 3: analyss essimates as well, revenue three point seven nine billion

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Speaker 3: dollars slightly higher than what was anticipated. There As for

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Speaker 3: the outlook, it's the third quarter revenue growth of four

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Speaker 3: to six percent, previously anticipated three point six percent. Expedia

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Speaker 3: also increasing its fullier guidance as well, revenue growth of

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Speaker 3: three to five percent previously saw two to four percent.

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Speaker 3: The consensus estimate is three point six percent, so the

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Speaker 3: midpoint of its new outlook for growth is higher than

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Speaker 3: the consensus assessment. That's stock marginally hired by three quarters

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Speaker 3: of one percent.

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Speaker 1: All right, that one's marginally higher here's one that's soaring

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Speaker 1: in the aftermarket, Akamai Technology ticker AKAM. And let's go

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Speaker 1: to the company's outlook third quarter revenue. They're looking for

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Speaker 1: one point zero four billion to one point zero five billion,

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Speaker 1: so raising perhaps the outlook there the estimate on the

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Speaker 1: street is one point zero four billion. Sees fiscally your

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Speaker 1: revenue four point fourteen billion to four point two one billion.

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Speaker 1: Had seen four zero five billion to four to twenty

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Speaker 1: billion four point two billion, I should point out there.

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Speaker 1: And then it also sees third quarter just a EPs

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Speaker 1: of a buck sixty two to a dollar sixty six.

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Speaker 1: That's way above the street estimate of a dollar fifty one.

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Speaker 1: And it also sees third quarter operating adjusted operating margin

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Speaker 1: of twenty eight percent. That too, Katie's above the street

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Speaker 1: estimate of twenty seven point two percent. And again that

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Speaker 1: stock we did see move up about seven point eight

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Speaker 1: percent here in the aftermarket.

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Speaker 4: All right, let's talk a little bit about trade desk.

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Speaker 4: The numbers coming out second quarter results adjusted EPs actually

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Speaker 4: beating estimates. An interesting headline here though there's a CFO change.

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Speaker 4: They're appointing Alex Kale as the new CFI hope I'm

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Speaker 4: pronouncing his name right. You can see that that's not

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Speaker 4: necessarily sorily helping shares after our shares down almost twenty

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Speaker 4: four to twenty five percent right now. Third quarter revenue

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Speaker 4: they see that at at least seven hundred and seventeen

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Speaker 4: million dollars, That is slightly ahead of the estimate for

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Speaker 4: seven hundred and sixteen point two million dollars. Third quarter

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Speaker 4: adjusted EBITDA also seen a little bit higher than the estimate.

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Speaker 4: But you can see shares really taking a hit here,

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Speaker 4: perhaps due to the fact that they are announcing.

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Speaker 2: The CFO change.

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Speaker 4: But we're going to try to get some more detail here.

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Speaker 5: All right.

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Speaker 3: I also want to bring in trip Advisor. We mentioned

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Speaker 3: Expeedy a little bit earlier on Trip Advisor's second quarter

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Speaker 3: revenue missing average analyst estimates five twenty nine million versus

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Speaker 3: the consensus estimate of five hundred and thirty one. You

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Speaker 3: look at advertising and revenue that was also lighter than anticipated,

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Speaker 3: along with the core revenue for trip Advisor also weaker

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Speaker 3: than expected. However, the adjusted EPs of forty six cents

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Speaker 3: does top the consensus assessment by five pennies, and you

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Speaker 3: can see the stock up by two point four percent

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Speaker 3: right now.

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Speaker 5: Looking as shares of Expedia really getting a welcome surge year,

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Speaker 5: we're seeing the stock popping as much as fifteen percent

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Speaker 5: in the after hours trade. This is after the company

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Speaker 5: reads its full year sales outlook. They're saying that they're

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Speaker 5: reporting strong second quarter bookings. They're really pointing to its

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Speaker 5: enterprise business as well as an improved demand here for

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Speaker 5: US customers.

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Speaker 1: All right, guys, I want to get to block which

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Speaker 1: is crossing here in the aftermarket. Ticker is, of course XYZ.

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Speaker 1: Stock is up about three and a quarter percent here

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Speaker 1: as the company's numbers cross. Let's get to the outlook.

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Speaker 1: Sees fiscal year adjusted operating income of two point zero

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Speaker 1: three billion. It had seen below that at one point

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Speaker 1: nine billion, and that is pretty much what the street's

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Speaker 1: been forecasting, So it's up in its fiscal year adjusted

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Speaker 1: operating income. It also sees fiscal year gross profit of

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Speaker 1: ten point seventeen billion. It had seen about nine point

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Speaker 1: nine six billion. Street estimate was pretty much at that

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Speaker 1: level as well. And let's just take a look at

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Speaker 1: the quarter that was second quarter just a dps sixty

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Speaker 1: two cents a share. That's a miss, folks, It's about

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Speaker 1: eight cents light, but investors seemed to be focusing on

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Speaker 1: the outlook, Katie, and that stocks up five and a

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Speaker 1: half percent here in the aftermarket.

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Speaker 4: All right, let's talk about the real Reel, because it's

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Speaker 4: absolutely flying after hours right now. The Real Reel, it

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Speaker 4: boosted its revenue guidance for the full year. It also

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Speaker 4: beat the average analyst estimate, so it sees revenue for

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Speaker 4: the full year six hundred and sixty seven million dollars

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Speaker 4: to six hundred and seventy four million dollars. The previous

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Speaker 4: range was six hundred and fifty four million dollars to

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Speaker 4: six hundred and sixty million dollars. So you can see,

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Speaker 4: of course, that is helping boost the share rate shares

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Speaker 4: right now. Shares had been much lower year to date though,

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Speaker 4: about forty nine percent on a total return basis. So

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Speaker 4: this good news really explains that big pop that you're

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Speaker 4: seeing after hours right now.

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Speaker 3: All right, let's go now to Flutter, which of course

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Speaker 3: was formerly Patty Power, the online betting company. Let's talk

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Speaker 3: about the second quarter adjusted EPs two dollars ninety five

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Speaker 3: cents higher than the consensu assessment of two dollars fourteen cents. Adjustity,

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Speaker 3: but of nine hundred nineteen million dollars, also higher than

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Speaker 3: the anticipated amount, and second quarter revenue four point one

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Speaker 3: to nine billion dollars better than the expected four point

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Speaker 3: one two billion dollars. Full your group revenue is seen

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Speaker 3: at seventeen point twenty six billion. The stock marshally higher

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Speaker 3: right now in after I was trading, all right.

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Speaker 1: Guys, I'm going to go back to a block because

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Speaker 1: it's about about five or six percent higher here in

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Speaker 1: the after market. A few more headlines coming through the company.

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Speaker 1: Second quarter cash app monthly transacting actives at fifty seven million,

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Speaker 1: and that's pretty much in line with what the street

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Speaker 1: was expecting. Fifty seven point three million was what the

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Speaker 1: street was forecasting. And again, what's really moving that stock

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Speaker 1: up eight point four percent here in the after market.

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Speaker 1: A good indicator too in terms of what's going on

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Speaker 1: in the economy, the amount of velocity, if you will,

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Speaker 1: certainly among the spending folks. Again, the outlook ce's fiscal

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Speaker 1: year adjusted operating income and that is upending. They're upping

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Speaker 1: it to two point zero three billion. They had seen

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Speaker 1: one point nine billion, which was pretty much, Katie, what

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Speaker 1: the street estimate was. So yeah, investors liking that outlook

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Speaker 1: there up about eight percent.

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Speaker 4: Yeah, it also helps that it seems like the bar

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Speaker 4: is pretty low for Block at least if you take

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Speaker 4: a look at the shares down about ten percent if

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Speaker 4: you round up on a total return basis here to date.

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Speaker 4: So that certainly helps when it comes to the different

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Speaker 4: sentiment for these different reports coming into the closing bells today.

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Speaker 3: And just one more to add to the mix as well,

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Speaker 3: Live Nation just reporting earnings. We have second quarter revenue

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Speaker 3: of seven point oh one billion dollars, slightly higher than

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Speaker 3: the anticipated six point eight nine billion. Adjusted operating income

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Speaker 3: for the quarter was seven hundred ninety eight point four million.

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Speaker 3: Analysts were looking for just above seven hundred and fifty

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Speaker 3: six million, so operating income and revenue beating analyssessments. We

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Speaker 3: know that the company certainly benefiting from a lot of

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Speaker 3: demand for the summer concerts. Stocked nevertheless down about two percent.

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Speaker 1: Right now, all right, it is down about two percent.

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Speaker 1: Let's take a look at Go Daddy. This company seeing

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Speaker 1: third quarter revenue at one point to two billion to

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Speaker 1: one point twenty four Street estimate is one point two

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Speaker 1: to three billion. Sees fiscally, your revenue a four point

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Speaker 1: eight nine billion to four point ninety four billion. It

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Speaker 1: had seen four point eight six billion to four point

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Speaker 1: nine to four billion, and taking a look at the quarter,

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Speaker 1: that was second quarter revenue one point two billion, and

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Speaker 1: that is pretty much in line with what the street

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Speaker 1: was expecting. And the stock just a little bit lower

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Speaker 1: down about eight tens ven percent here in the aftermarket.

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Speaker 4: And let's just check in on Instacart as well. It's

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Speaker 4: called babel Bear just to make things a little bit confusing,

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Speaker 4: but for fun, Yeah, good news coming for Instacart. It's

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Speaker 4: third quarter adjusted ebit of forecast beat estimate. It's a

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Speaker 4: really robust outlook here it sees third quarter adjusted ebit

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Speaker 4: A at two hundred and sixty million to two hundred

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Speaker 4: and seventy million. The previous estimate had been for just

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Speaker 4: about two hundred and fifty seven point eight million dollars,

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Speaker 4: so order growth seeming to gain pace here and you

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Speaker 4: can see that coming through in these numbers for Instacart.

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Speaker 4: Currently hired by but nine percent after hours.

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Speaker 1: And I just want to point yelp out with second

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Speaker 1: quarter net revenue, that too is a beat in their

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Speaker 1: second quarter EPs coming in better than forecast, So yeah

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Speaker 1: hw a big drop of earnings here after the close.

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