After-Hours Stock Movers:

Carvana Co. (NYSE: CVNA) 8% LOWER; posted Q1 EPS of ($2.89), $1.47 worse than the analyst estimate of ($1.42). Revenue was $3.5 billion versus the consensus estimate of $3.39 billion. The company also announced a $1 billion stock offering.

United Airlines (NASDAQ: UAL) 8% HIGHER; reported Q1 EPS of ($4.24), $0.03 worse than the analyst estimate of ($4.21). Revenue for the quarter came in at $7.57 billion versus the consensus estimate of $7.68 billion.

Sleep Number Corporation (NASDAQ: SNBR) 6% LOWER; Q1 EPS came in at $0.09, $0.24 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $527 million versus the consensus estimate of $534.4 million. Sleep Number is looking for FY2022 EPS of $5.00-$6.00, versus the consensus of $5.77.

Tesla (NASDAQ: TSLA) 5% HIGHER; posted Q1 EPS of $3.22, well above the consensus of $2.26. Revenue was $18.8 billion versus the consensus estimate of $17.8 billion.

Alcoa (NYSE: AA) 5% LOWER; posted Q1 EPS of $3.06, versus the $2.77. Revenue was $3.29 billion, which was below the consensus of $3.41 billion.

CSX Corp. (NASDAQ: CSX) 2% HIGHER; reported Q1 EPS of $0.39, versus the consensus of $0.39. Revenue was $3.41 billion versus the consensus estimate of $3.34 billion.

Lam Research (NASDAQ: LRCX) 2% LOWER; reported Q2 EPS of $7.40, $0.11 worse than the analyst estimate of $7.51. Revenue for the quarter came in at $4.06 billion versus the consensus estimate of $4.25 billion. Lam Research sees Q3 2022 EPS of $6.50-$8.00, versus the consensus of $8.24. Lam Research sees Q3 2022 revenue of $3.9-4.5 billion, versus the consensus of $4.46 billion.