An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022.
Josh Edelson | AFP | Getty Images
Check out the companies making headlines after the bell:
Tesla – Shares of the electric vehicle maker rose 4% in extended trading after a better-than-expected earnings report. Tesla posted earnings of $ 3.22 per share on revenue of $ 18.76 billion. Analysts expected a profit of $ 2.26 per share on revenue of $ 17.8 billion, according to Refinitiv.
United Airlines – The airline stock rose 5.6% after hours despite first-quarter results missing estimates. United reported an adjusted first-quarter loss of $ 4.24 per share on revenue of $ 7.57 billion. Analysts surveyed by Refinitiv had expected a loss per share of $ 4.22 on revenue of $ 7.68 billion. However, United issued its strongest second-quarter guidance in history and said 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. CSX posted revenue of $ 3.41 billion versus $ 3.3 billion expected, according to Refinitiv.
Carvana – Shares sunk about 24% after hours following a wider-than-expected loss per share. Carvana posted a loss of $ 2.89 per share versus the Refinitiv 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 reported adjusted third-quarter earnings of $ 7.40 per share on revenue of $ 4.06 billion. Analysts had expected a profit of $ 7.51 per share on revenue of $ 4.25 billion, according to Refinitiv.