Rafael Henrique | Sopa Photos | Lightrocket | Getty Photos
Take a look at out the corporations making headlines in after-hour trading.
Meta — The Facebook mother or father jumped 17% after the corporate launched a $40 billion stock buyback when reporting quarterly outcomes. Meta beat analysts’ estimates for fourth-quarter income, in step with Refinitiv. Meta moreover acknowledged it misplaced $13.7 billion in 2022 in the replace unit liable for the metaverse. Google mother or father Alphabet added 3.7%, whereas Amazon won 2%.
Align Technology — Shares of the orthodontics company won 14% after the corporate beat analysts’ estimates in its most up-to-date quarter. Align posted quarterly earnings of $1.73 per share on income of $902 million. Analysts polled by Refinitiv anticipated per-share earnings of $1.56 and income of $893 million. The corporate moreover launched it will repurchase up to $1 billion of its total stock over the next three years.
Hologic — The scientific product maker won 1.7% after reporting first-quarter earnings per share above expectations and old steerage, in step with FactSet. Hologic moreover acknowledged its income used to be in accordance with expectations for the quarter.
e.l.f. Class – The cosmetics company’s shares leapt 11% after e.l.f. Class exceeded analysts’ estimates in its fiscal third quarter. The corporate posted adjusted earnings of 48 cents per share on income of $146.5 million. Analysts called for per-share earnings of 23 cents on income of $121.8 million, in step with Refinitiv. The corporate moreover raised its beefy-year outlook.
C.H. Robinson — The freight stock dropped 4% after C.H. Robinson missed expectations from analysts polled by Refinitiv for the fourth quarter. The corporate posted $1.03 earnings per share on $5.07 in income. That compares with analysts’ estimates of $1.38 in per-share earnings on $5.68 billion in income.
Snap — Shares of the social media company added 1.2%, making up some ground after a selloff throughout the day on the support of a disappointing fourth-quarter earnings describe.
— CNBC’s Darla Mercado contributed reporting
