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% after a better-than-expected earnings report in extended trading. Tesla posted earnings of $3.22 per share on sales of $18.76 billion. Analysts were expecting earnings of $2.26 per share on sales of $17.8 billion, according to Refinitiv.
United Airlines — The airline’s stock was up 5.6% after the close of business, despite first-quarter results falling short of estimates. United reported an adjusted loss of $4.24 per share on revenue of $7.57 billion in the first quarter. Analysts polled by Refinitiv had expected a loss per share of $4.22 on sales of $7.68 billion. However, United issued its strongest second-quarter guidance in history, saying it expects to be profitable in 2022.
CSX — Shares of the railroad company rose 2.2% in extended trading on a quarterly sales increase. According to Refinitiv, CSX made $3.41 billion in revenue versus $3.3 billion expected.
Carvana — Shares are down about 24% after the close of business after a larger-than-expected loss per share. Carvana posted a loss of $2.89 per share versus Refinitiv’s consensus estimate of $1.44 per share.
Lam Research – Semiconductor stocks fell 1.8% in extended trading after a weak quarterly report. Lam Research reported third-quarter adjusted earnings per share of $7.40 on sales of $4.06 billion. Analysts had expected earnings of $7.51 per share on sales of $4.25 billion, according to Refinitiv.