Stocks making the biggest moves after hours: CVNA, ETSY, DASH, BKNG
Check out the companies making headlines in after-hours trading. DoorDash — The food delivery company’s stock price fell nearly 1% in extended trading on the back of weak results . For the fourth quarter, DoorDash reported 48 cents per share in earnings, falling short of the 58 cents per share expected from analysts polled by LSEG. The company’s revenue of $3.96 billion for the period also came out below the $3.99 billion forecasted. Figma — Shares of Figma jumped 17% after the company’s fourth-quarter results and quarterly guidance blew past the Street’s expectations. The design software manufacturer reported adjusted earnings of 8 cents per share on $303.8 million in revenue, while analysts polled by LSEG expected 7 cents per share in earnings on $293.15 million in revenue. On a year-over-year basis, Figma’s revenue grew 40% in the fourth quarter, according to a statement . Etsy — Etsy shares jumped nearly 15% after the e-commerce company agreed to sell Depop, a consumer-to-consumer fashion marketplace, to eBay for $1.2 billion in cash , subject to certain price adjustments. EBay stock rose more than 6%. Molson Coors Beverage – The maker of Miller Lite fell more than 7% on a weak forecast. Molson said it sees full-year earnings falling 11% to 15%, while analysts polled by LSEG were looking for a 1.9% gain. Management warned that “we expect commodity inflation in particular to be a meaningful headwind in 2026.” Booking Holdings — Shares of the travel reservation site slipped nearly 1%. Booking said it sees first-quarter revenues rising 14% to 16% on a year-over-year basis. Analysts polled by LSEG were looking for a 12.5% increase. The company also beat fourth-quarter expectations on top and bottom lines and raised its dividend. Carvana — Carvana shares plunged about 20% after the used car seller’s adjusted EBITDA, or earnings before interest, taxes, depreciation, and amortization, came out below consensus expectations. The company reported adjusted EBITDA of $511 million for the fourth quarter, lower than the $539.2 million expected by analysts, per StreetAccount. Cheesecake Factory – The restaurant chain’s shares slumped nearly 5%. Same-store sales in the fourth quarter fell 2.2%, while the FactSet consensus called for a 1.2% decline. The company also announced it would increase its buyback program by 5 million shares and lift its dividend by 11.1% to 30 cents per share. Occidental Petroleum — The natural gas producer beat fourth-quarter expectations, helped by strong oil production. Occidental reported an adjusted profit of 31 cents per share, while analysts polled by FactSet expected 17 cents per share. The stock jumped about 3% on results. — Darla Mercado and Christina Cheddar Berk contributed reporting.
Post Comment