After-hours movers: Chipotle falls on miss, Fortinet gains on beat

After-Hours Stock Movers:

Lumen Technologies (NYSE: LUMN) 18% LOWER; reported Q4 EPS of $0.43, $0.25 better than the analyst estimate of $0.18. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.78 billion. Sees FY23 adj-EBITDA of $4.6 to $4.8 billion, below the consensus.

Fortinet (NASDAQ: FTNT) 13% HIGHER; reported Q4 EPS of $0.44, $0.05 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.28 billion versus the consensus estimate of $1.29 billion. Fortinet sees Q1 2023 EPS of $0.27-$0.29, versus the consensus of $0.28. Fortinet sees Q1 2023 revenue of $1.18-1.22 billion, versus the consensus of $1.183 billion. Fortinet sees FY2023 EPS of $1.39-$1.41, versus the consensus of $1.39. Fortinet sees FY2023 revenue of $5.37-5.43 billion, versus the consensus of $5.351 billion.

Enphase Energy (NASDAQ: ENPH) 7% HIGHER; reported Q4 EPS of $1.51, $0.23 better than the analyst estimate of $1.28. Revenue for the quarter came in at $724.7 million versus the consensus estimate of $706.28 million. Enphase Energy sees Q1 2023 revenue of $700-740 million, versus the consensus of $690.45 million.

Chipotle Mexican Grill (NYSE: CMG) 4% LOWER; reported Q4 EPS of $8.29, $0.63 worse than the analyst estimate of $8.92. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.23 billion. Comparable restaurant sales increased 5.6%.

Prudential Financial (NYSE: PRU) 3% LOWER; reported Q4 EPS of $2.42, $0.10 worse than the analyst estimate of $2.52. Revenue for the quarter came in at $0 versus the consensus estimate of $13.57 billion.

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