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Find out which companies are making headlines after the bell:
Zillow – Shares of the real estate information company rose 8% in extended deals after the company released solid fourth quarter financial results. Zillow posted revenue of $ 944 million in the quarter, while analysts expected $ 815 million, according to Refinitiv.
Pioneer Natural Resources – The oil and gas company’s shares rose 2% in the extended trading period after the company released solid fourth quarter financial results and increased its cash dividend. Pioneer reported earnings per share of $ 2.36, excluding items for the quarter, while analysts expected earnings per share of $ 2.09, according to FactSet. Pioneer also announced that it will increase its quarterly dividend to 55 cents per share, which applies to shareholders registered at the close of business on March 31.
Boston Beer Company – Liquor company shares fell 6% in extended trades after company reported fourth-quarter profits that fell short of analysts’ expectations and gave weak earnings forecasts for the year . Boston Beer reported earnings per share of $ 1.12 for the quarter, while analysts expected earnings per share of $ 1.47
IMAX – Shares of the entertainment technology company jumped 5% in the extended trading period after beating analysts’ estimates for the fourth quarter. IMAX announced earnings of 35 cents per share, excluding certain items on earnings of $ 124.3 million, while analysts expected earnings of 31 cents per share on earnings of 117, $ 5 million, according to Refinitiv.
Climarex Energy – The energy company’s shares jumped 8% during the extended trading period after the company released its fourth quarter financial results and increased its cash dividend. The company’s fourth-quarter revenue exceeded analyst estimates by more than $ 27 million, according to FactSet, while profits missed estimates by 6 cents per share. Climarex increased its quarterly dividend by 10% to 22 cents per share.