Casper, Sysco, 3D Systems and more

Find out which companies are making headlines in midday trading.

3D Systems – Shares of the 3D printing company jumped about 40% after reporting 12 cents per share in the second quarter, beating the consensus estimate of 5 cents per share, 3D said it had managed to come out of the most difficult 12 months of the business. already. Its reported income also exceeds estimates.

The RealReal – Shares of the luxury consignment brand fell more than 17% after reporting a quarterly loss on Monday night. The company reported a strong gross merchandise value of $ 350 million, up 91% year-over-year, and said that by resuming home appointments, the number of units per appointment -you exceeded pre-pandemic levels. Still, the company missed the revenue forecast.

AMC Entertainment – AMC rose about 1% after reporting a loss of 71 cents per share on Monday night, which was lower than the 91 cents per share expected by analysts. The movie theater chain reported revenue of $ 444.7 million, higher than the $ 382.1 million expected by analysts. He also announced that he would start accepting cryptocurrencies on US sites this year.

Kansas City Southern – Shares of the rail operator jumped more than 7% after Canadian Pacific Railway raised its takeover offer to around $ 300 per share. The offer came three months after the company merger deal was terminated amid a competing offer from Canadian National.

Casper – Casper, the maker of sleep products, fell 13% at midday. Despite record quarterly revenue exceeding Wall Street forecasts, it still posted a loss for the period. The company cited strong growth in retail and direct-to-consumer sales, but also said input costs are higher and it is experiencing supply chain difficulties.

Sysco – Shares of the distribution company rose 6.5% after a better-than-expected earnings report. Sysco posted an EPS of 71 cents in the fiscal fourth quarter, compared to 60 cents expected by analysts, according to FactSet. Income was also higher than estimated.

II-VI – The manufacturer of optoelectronic components saw its share fall by more than 3% after the publication of its quarterly results. Although it reported earnings of 88 cents a share, beating analysts’ estimates by 12 cents, it also had its highest order book on record at the end of the quarter.

Boston Beer – Shares of Boston Beer fell more than 2% after the brewer announced a partnership with PepsiCo to create an alcoholic beverage Mountain Dew. The drink, called Hard Mtn Dew, will be a flavored malt drink containing 5% alcohol by volume.

Aramark – Shares of the business uniforms and food service provider fell more than 2% after the company’s earnings fell below expectations. Aramark reported adjusted earnings of 3 cents per share on $ 2.98 billion of revenue in its fiscal third quarter. Analysts polled by Refinitiv were looking for 1 cent per share on $ 3.06 billion in revenue. Organic growth was weaker than expected, according to StreetAccount estimates.

– CNBC’s Yun Li, Hannah Miao and Jesse Pound contributed reporting