After-hours movers: Microsoft, Meta Platforms, eBay, Carvana and more
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: +16.2%
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After-Hours Stock Movers:
Microsoft (NASDAQ: MSFT) rose 1% after the tech giant reported first quarter earnings per share that beat estimates. Microsoft Cloud revenue was $38.9 billion, up 22% year-over-year.
Meta Platforms (NASDAQ: META) fell 1% despite solid results for its third quarter, after it said it would spend more than investors were expecting this year.
Carvana (NYSE: CVNA) rose 21% after beating estimates and forecasting operating profit significantly above prior guidance.
eBay (NASDAQ: EBAY) fell 8% after reporting lackluster third quarter results and disappointing guidance.
Robinhood (NASDAQ: HOOD) fell 8% after publishing quarterly revenue that trailed estimates despite being up 36% year-over-year.
Coinbase (NASDAQ: COIN) fell 3% after missing consensus estimates on the top and bottom line.
Etsy (NASDAQ: ETSY) rose 13% after revenue beat consensus and it forecast a slightly higher take rate than expected for Q4.
Altair (NASDAQ: ALTR) rose after Siemens signed an agreement to acquire it for $113 per share, representing an enterprise value of approximately $10 billion.
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