Stocks making the biggest moves after hours: MSFT, META, F, EBAY
Check out the companies making headlines after the bell : Qualcomm — The semiconductor company fell 5% despite posting a fiscal third-quarter beat on both the top and bottom lines. Qualcomm posted adjusted earnings of $2.77 per share on revenue of $10.37 billion. Analysts polled by LSEG had expected earnings of $2.71 per share and $10.35 billion in revenue. Microsoft — Shares climbed 7% after the tech titan reported fiscal fourth-quarter earnings of $3.65 per share, exceeding the $3.37 per share analysts polled by LSEG had penciled in. Microsoft’s revenue increased 18% to $76.44 billion from $64.7 billion a year earlier. This was also higher than the expected $73.81 billion. Meta Platforms — Shares of the Facebook parent jumped 9%. Meta issued a rosy outlook for the third quarter , calling for revenue of $47.5 billion to $50.5 billion versus analysts’ call for $46.16 billion. The company also reported second-quarter revenue that surpassed LSEG consensus estimates. Ford Motor — The maker of F-series pickup trucks fell 4% postmarket Wednesday after saying an outlook for 2025 earnings before interest and taxes included about a $2 billion net “tariff-related headwind,” reflecting a $3 billion gross adverse EBIT impact, offset by $1 billion in “recovery actions.” Arm Holdings — Shares fell 8% after the chip designer posted fiscal first-quarter revenue of $1.05 billion, disappointing analysts who had expected $1.06 billion, per LSEG. The company’s adjusted earnings of 35 cents per share was in line with expectations. F5 — The cybersecurity stock jumped 9% after reporting third-quarter adjusted earnings of $4.16 per share on revenue of $780 million. Analysts polled by LSEG had expected earnings of $3.50 per share and revenue of $758 million. Carvana — Shares soared 16% after the used-car marketplace posted second-quarter results that beat analysts’ expectations. Carvana’s earnings of $1.28 per share exceeded the $1.11 per share Wall Street consensus, while its $4.84 billion in revenue was also higher than the $4.59 billion analysts polled by LSEG had forecast. Robinhood — The brokerage platform surpassed Wall Street estimates on the top and bottom lines for the second quarter. Robinhood reported earnings of 42 cents per share on revenue of $989 million. LSEG consensus estimates called for 31 cents per share in earnings and $908 million in revenue. Shares were up about 1%. Align Technology — The orthodontics parts manufacturer plummeted 35% after reporting second-quarter earnings and revenue that came below Wall Street’s consensus estimates, per LSEG. The company also guided for revenue in its current quarter of between $965 million and $985 million, lower than the $1.04 billion analysts were expecting. Sprouts Farmers Market — The Phoenix-based grocery chain rose almost 3% in after-hours trading. Second-quarter revenue and earnings per share topped analysts’ estimates, as did the third quarter outlook for same-store sales and full-year guidance for revenue and earnings per share. eBay — Shares surged 10% after the online marketplace reported second-quarter earnings that beat expectations. EBay’s adjusted earnings came in at $1.37 per share, while analysts were looking for $1.30 per share, according to LSEG. The company’s $2.73 billion in revenue also exceeded the $2.64 billion forecast. Western Digital — Shares rose 4% after the storage company reported fiscal fourth-quarter earnings and revenue that exceeded expectations. Western Digital reported adjusted earnings of $1.66 per share, more than the $1.48 per share expected by analysts polled by LSEG. Revenue of $2.61 billion topped the consensus estimate of $2.47 billion. — CNBC’s Darla Mercado, Sarah Min and Scott Schnipper contributed reporting.
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