Stocks making the biggest moves after hours: QCOM, F, ARM
Check out the companies making headlines after the bell : Qualcomm — The semiconductor stock slipped close to 5% despite reporting stronger-than-expected earnings and revenue for its fiscal first quarter. Qualcomm posted adjusted earnings of $3.41 per share on revenue of $11.67 billion, exceeding the $2.96 in earnings per share and $10.93 billion in revenue that analysts polled by LSEG had expected. The company also issued strong guidance for its current quarter. Arm Holdings — Shares shed almost 5% despite the semiconductor company posting a fiscal third-quarter adjusted earnings and revenue beat. Arm also guided for fourth-quarter and fiscal-year adjusted earnings and revenue that encompassed analysts’ estimates, according to FactSet. Skyworks Solutions — The semiconductor company lost 23% after announcing that its current president and CEO Liam Griffin will also be stepping down, to be replaced by Inseego executive chairman Philip Brace, effective Feb. 17. Skyworks posted fiscal first-quarter adjusted earnings that topped analysts’ forecasts, while its revenue of $1.07 billion was in line with expectations, per LSEG. Ford Motor — Shares tumbled 5% after the automaker predicted a tougher year ahead . The company’s 2025 guidance was lower or in line with many analysts’ expectations and “presumes headwinds related to market factors,” Ford said. However, the company beat on both the top and bottom lines in its fourth quarter. McKesson — The medical supplies company fell 3%. Revenue in the fiscal third quarter came in at $95.29 billion, missing the $96.08 billion expected by analysts polled by FactSet. McKesson also narrowed its guidance for the full-year’s adjusted earnings, calling for $32.55 to $32.95 per share. Analysts were looking for $32.68 per share. Aflac — The provider of supplemental insurance coverage ticked down 1%. Fourth-quarter adjusted earnings came in below Wall Street’s expectations. Aflac reported adjusted earnings of $1.56 per share, while analysts polled by FactSet were looking for $1.62 per share. Align Technology — Shares tumbled 5% after the orthodontics-focused medical devices company disappointed investors with its fourth-quarter earnings. Align posted adjusted earnings of $2.44 per share on $995.2 million in revenue, while analysts sought earnings of $2.44 per share on revenue of $994 million, per LSEG. Allstate — Shares of the insurance company added nearly 2%. Allstate reported fourth-quarter adjusted earnings of $7.67 per share, topping analysts’ call for $6.30 per share, per LSEG. Revenue, which is based on premiums written, missed expectations, coming in at $13.76 billion versus analysts’ forecast for $13.86 billion. Molina Healthcare — The insurance stock tumbled 9% after posting fourth-quarter adjusted earnings of $5.05 per share, missing the $5.88 per share analysts polled by FactSet had forecast. However, Molina’s $10.50 billion in revenue beat the expected $10.28 billion. Helmerich & Payne — The oil and gas drilling company declined 5% after posting a fiscal first-quarter revenue miss. Helmerich’s revenue of $677.3 million was lower than the $692.6 million analysts polled by FactSet were looking for. On the other hand, the company’s adjusted earnings of 71 cents per share beat the expected 68 cents per share. — CNBC’s Darla Mercado contributed reporting.