Stock Groups

Tesla, United, Carvana and more

[ad_1]

Aerial view of the Tesla Fremont factory in Fremont (California) on February 10, 2022.

AFP | AFP | Getty Images

You can see the headline-grabbing companies after bell

Tesla — Shares of the electric vehicle maker rose 4% in extended trading after a better-than-expected earnings report. Tesla reported earnings of $3.22 per Share on $18.76 Billion in revenue. According to Refinitiv, analysts expected a profit in the range of $2.26 per Share on $17.8 Billion.

United Airlines — The airline stock rose 5.6% after hours despite first-quarter results missing estimates. United posted an adjusted loss per share of $4.24 on revenues of $7.57billion in the first quarter. Refinitiv analysts polled expected a loss of 4.22 per share on revenues of $7.68 trillion. United however issued its strongest Second-Quarter guidance ever and stated it expects to be profitable in 2022.

CSX — Shares of the rail transportation company added 2.2% in extended trading after a quarterly revenue beat. According to Refinitiv, CSX reported revenue of $3.41 Billion, compared with $3.3 Billion expected.

Carvana — Shares sunk about 24% after hours following a wider-than-expected loss per share. Carvana lost $2.89 per Share versus Refinitiv’s consensus estimate of $1.44 Per Share.

Lam Research — The semiconductor stock fell 1.8% in extended trading after a weak quarterly report. Lam Research posted adjusted third quarter earnings of $7.40 per stock on revenues of $4.06 trillion. According to Refinitiv, analysts had predicted a profit at $7.51 per share for revenue of $4.25 trillion.

[ad_2]