Stocks making the biggest moves after hours: Meta, Whirlpool, Mattel, Endeavor and more
Check out the companies making headlines in extended trading. ServiceNow — The workflow company jumped 4.6% in after-hours trading on better-than-expected results from its third-quarter earnings report. ServiceNow posted $2.92 per share in earnings, excluding items, higher than the $2.56 in earnings per share expected from analysts polled by LSEG, formerly known as Refinitiv. ServiceNow also posted $2.29 billion in revenue, which also surpassed analysts’ expectations. IBM — The cloud and business services company’s shares added 1.4% following IBM’s third-quarter earnings report . IBM posted $2.20 in adjusted earnings per share, which was 7 cents higher than analysts’ estimates, according to LSEG. Revenue for the quarterly period came out at $14.75 billion, also slightly higher than analysts’ forecast of $14.73 billion. Meta — The Facebook parent company added 2.6% after posting a beat on earnings and revenue estimates for the third quarter. Meta posted revenue of $34.15 billion and earnings of $4.39 per share. Analysts polled by LSEG called for $33.56 billion in revenue and $3.63 in earnings per share. Align Technology — Shares of the medical device company plunged more than 22% after the closing bell. Align issued weak fourth-quarter revenue guidance, and CEO Joe Hogan noted in a statement that third-quarter results reflect lower-than-expected demand, as well as a tougher macro environment compared to the first half of the year. Align posted $2.14 in adjusted earnings per share and revenue of $960 million, missing estimates from analysts polled by LSEG. Mattel — The toymaker surprised analysts with better-than-expected earnings and profit — and also lifted its full-year earnings guidance — but saw its stock price tumble 7%. Mattel posted $1.08 per share in adjusted earnings, while analysts polled by LSEG called for 86 cents in earnings per share. Revenue came at $1.92 billion, while analysts forecast $1.84 billion . Whirlpool — The home appliance company dropped 5% after Whirlpool trimmed its earnings guidance for the full year. The company is now calling for $16 in earnings per share, compared to its earlier forecast for $16 to $18 per share. Whirlpool beat on earnings and revenue for the third quarter. Endeavor Group Holdings — Shares of the talent agency and sports company popped 24% in extended trading. Ari Emanuel, CEO of the company, said in a news release that Endeavor would evaluate strategic alternatives . The release also said Endeavor is not considering the sale of its interest in TKO Group Holdings, the merged company that includes the WWE and UFC. — CNBC’s Darla Mercado and Mike Calia contributed reporting. This post has been syndicated from a third-party source. View the original article here.
