Stocks making the biggest moves after hours: CAVA, INTU, WDAY, LCID
Check out the companies making headlines in extended trading: Super Micro Computer – The embattled server maker popped more than 20% in extended trading after Super Micro submitted long-awaited financial filings to the Securities and Exchange Commission. The company filed its updated and audited report for fiscal 2024 and its statements for the first two quarters of fiscal 2025. Nasdaq gave Super Micro until Feb. 25 to submit its filings or else face delisting. Jack in the Box — The fast-food chain surged more than 10%. The company reported fiscal first-quarter operating earnings of $1.92 per share, while analysts polled by FactSet forecast $1.69 per share. Workday — Shares of the manufacturer of human resources software jumped 7%. Fourth-quarter adjusted earnings came in at $1.92 per share on revenue of $2.21 billion. That beat analysts’ projections for $1.78 per share in earnings and $2.18 billion in revenue. Instacart — Shares of the grocery delivery service tumbled 8%. Fourth-quarter revenue came in at $883 million, falling short of analysts’ call for $891 million, per LSEG. Adjusted earnings before interest, taxes, depreciation and amortization for the current quarter will range between $220 million and $230 million, while analysts polled by FactSet sought $237.1 million. Cava Group — Stock in the restaurant chain pulled back more than 7% after fourth-quarter earnings missed analysts’ estimates. Cava reported adjusted earnings of 5 cents per share, while analysts polled by LSEG were looking for 6 cents per share. The company’s revenue of $227 million beat analysts’ forecast for $224 million. Lucid — The electric vehicle stock surged more than 9% after fourth-quarter results surpassed analysts’ estimates on the top and bottom lines. Lucid reported an adjusted loss of 22 cents per share on revenue of $234 million. Analysts polled by LSEG forecast an adjusted loss of 25 cents per share and revenue of $214 million. Intuit — The maker of TurboTax software advanced 4%. Fiscal second-quarter results surpassed Wall Street’s expectations, as Intuit reported adjusted earnings of $3.32 per share on revenue of $3.96 billion. Analysts surveyed by LSEG estimated earnings of $2.58 per share and $3.83 billion in revenue. AMC Entertainment — Shares of the movie theater chain gained more than 5% after fourth-quarter revenue surpassed analysts’ estimates. AMC reported revenue of $1.31 billion, slightly above the forecast $1.30 billion from analysts polled by LSEG. — CNBC’s Darla Mercado contributed reporting.
