Stocks making the biggest moves after hours: EBAY, EXR, AKAM
Check out the companies making headlines after the bell : Robinhood — Shares of the trading platform app slid more than 8%. Robinhood posted third-quarter revenue of $467 million, compared to analysts’ estimate of $478 million, per LSEG. Toast – Shares dropped 17% in extended trading. Toast, a provider of restaurant point-of-sale systems, posted a third-quarter loss of 9 cents per share, while analysts polled by LSEG anticipated earnings of 10 cents per share. Revenue came in at $1.03 billion, in line with Street estimates. eBay — Shares of the e-commerce giant dropped 6%. Third-quarter revenues came in at $2.5 billion, in line with analysts’ expectations, per LSEG. Adjusted earnings came in ahead at $1.03 per share, versus analysts’ call for $1 per share. Akamai Technologies — The cloud service company jumped 3% after Akamai Technologies posted beats on the top and bottom lines. Akamai posted third-quarter adjusted earnings of $1.63 per share and revenue of $965.5 million. Analysts polled by FactSet called for earnings of $1.50 per share and revenue of $943.9 million. DaVita — Shares of the health-care company climbed 4%. DaVita reported adjusted earnings of $2.85 per share on $3.1 billion of revenue in the third quarter. Those results were ahead of analysts’ estimates for earnings of $2.01 per share and $3.02 billion of revenue, per FactSet. The company also raised its guidance for full-year adjusted earnings to a range of $7.80 to $8.30 per share, more than its prior guidance of between $7.00 to $7.80 per share. Devon Energy — Devon Energy slid 2.5% in extended trading. The company issued full-year production guidance of 650 thousand barrels of oil equivalent per day. That compares to its previous guidance range of 643 Mboe/d to 663 Mboe/d. Devon posted third-quarter adjusted earnings of $1.65 per share, compared to the $1.56 per share anticipated by analysts, per FactSet. Occidental Petroleum — Shares of Occidental Petroleum inched up by 1%. The energy company posted third-quarter adjusted earnings of $1.18 per share, while analysts polled by FactSet anticipated 88 cents per share. Occidental raised its full-year production guidance, too. Sempra — The utility company stock slid 2% after it announced a proposed $1 billion common stock offering through Morgan Stanley and Citigroup. Extra Space Storage — The stock added 2%. Extra Space Storage reported a third-quarter revenue of $748 million, above the $680.6 million expected by analysts polled by FactSet. — CNBC’s Darla Mercado contributed reporting.
