Check out which companies are making headlines before the market opens. Carvana – Shares rose more than 19% on the heels of third-quarter earnings and revenue. During the period, Carvana earned 64 cents per share on revenue of $3.65 billion, higher than the 25 cents per share and $3.45 billion that analysts surveyed by LSEG had expected. The online used car dealer also raised its full-year forecast and said results would be “well above the high end” of its previous range. Roku – The streaming stock fell 14% after Q4 adjusted EBITDA guidance of $30 million, while the FactSet consensus called for $34.4 million. The company said that fourth-quarter revenues will be higher than expected. Roku's adjusted EBITDA in the third quarter also beat analysts' estimates. eBay – The stock lost about 9% after the online marketplace's fourth-quarter forecasts beat Wall Street expectations. eBay expects current quarter revenue to total between $2.53 billion and $2.59 billion, below analysts' average estimate of $2.65 billion, according to StreetAccount. For the just-ended quarter, eBay reported better-than-expected earnings. Peloton – Shares rose more than 8% after the announcement that Ford CEO Peter Stern will serve as the company's next CEO. The sports equipment and media company also reported better-than-expected results in the fiscal first quarter and raised its full-year earnings forecast. Microsoft – The stock of the parent company of Xbox and Windows devices fell nearly 4% after its forecast for the current quarter came in weaker than expected. Microsoft expects revenue to range between $68.1 billion and $69.1 billion, while analysts estimate $69.8 billion, according to LSEG. On the other hand, Microsoft's results in the first fiscal quarter exceeded analysts' estimates. Booking Holdings – The online travel stock rose 6.1% on the heels of a better-than-expected third-quarter earnings report. Booking.com's parent company earned $83.39 per share on revenue of $7.99 billion, while analysts surveyed by LSEG estimated it at $77.52 per share and $7.63 billion, respectively. Robinhood – Shares of the brokerage firm fell 11% after third-quarter results fell short of expectations. Robinhood earned 17 cents per share on revenue of $637 million. Analysts surveyed by LSEG were looking for 18 cents and $658 million. Robinhood's CFO said on the earnings call that revenue was hurt by marketing promotions used to attract new customers. Uber Technologies – Shares lost more than 6% after the ride-hailing company beat third-quarter expectations for total bookings. Uber's total bookings of $40.97 billion were below the consensus estimate of $41.25 billion, according to StreetAccount. However, revenue exceeded Street expectations. Comcast – Shares rose nearly 6% after the amusement park and media company's third-quarter earnings and revenue beat analysts' estimates. Earnings totaled $1.12 per share, beating the $1.06 per share seen by analysts surveyed by LSEG. Revenues of $32.07 billion beat forecast estimates of $31.66 billion. The company is also considering spinning off its cable networks business into a separate company. Super Micro Computer – The high-performance server maker's stock fell about 5%, extending Wednesday's 32% decline when its auditor resigned after raising concerns about its board's independence and accounting practices. Meta Platforms – Shares of the parent company Facebook and Instagram fell by 3%. Meta beat Wall Street estimates, but user numbers were lower than the 3.31 billion analysts had expected. Meta also raised its capital spending estimates for this year and said it expects continued growth in 2025 due to AI investments. Cigna – Shares rose more than 2% after the insurer's third-quarter earnings and revenue beat analysts' expectations. Cigna earned $7.51 per share, excluding one-time items, on adjusted revenue of $63.70 billion. Analysts polled by FactSet were looking for $7.23 per share and $59.58 billion in adjusted revenue. Etsy – The online handmade or vintage e-commerce platform rose 4% after posting third-quarter results that beat analysts' expectations. Etsy reported adjusted EBITDA of $183.6 million, more than the FactSet consensus estimate of $177.4 million. Revenues of $662.4 million also exceeded expectations of $652.5 million. Coinbase – The cryptocurrency exchange fell more than 2% after third-quarter earnings and revenue beat Street estimates. Coinbase earned 28 cents on $1.21 billion in revenue for the period, below the consensus estimate of 41 cents and $1.26 billion, according to LSEG. — CNBC's Alex Haring, Samantha Sobin, Jessie Pound, Lisa Kailay Hahn, Sarah Min and Michelle Fox Theobald contributed reporting. Comcast is the parent company of NBCUniversal, owner of CNBC.
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