Finance
Stocks making the biggest moves after hours: CAVA, UBER, ROST, WDAY
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Customers pick up food from a Cava restaurant in Chicago, Illinois on May 28, 2024.
Scott Olson | Getty Images
Check out the companies making headlines after the bell:A
Cava group – The fast-casual restaurant brand saw its shares rise nearly 6% in after-hours trading after a better-than-expected earnings report. Cava posted earnings of 17 cents per share, or 4 cents above the LSEG estimate. Turnover also exceeded expectations.
Uber – Shares of the ride-sharing platform fell about 3% after the company and General enginesCruise announced a multi-year partnership. The controversial autonomous vehicle company plans to offer self-driving rides to Uber users next year. GM shares rose more than 1% after hours.
Ross StoresShares of the off-price retailer rose about 6% in extended trading after reporting an earnings beat. Ross reported earnings per share of $1.59 in the second quarter, 9 cents above analysts’ expectations, LSEG said. Revenue of $5.25 billion matched the estimate.
Working day – Shares of the cloud company rose more than 11% after the company’s earnings and revenue exceeded expectations. The company said third-quarter subscription revenue will be $1.96 billion, compared with $1.97 billion expected by analysts polled by StreetAccount.
Bill Holdings The cloud-based payments company saw shares rise more than 3% after a stronger-than-expected quarterly report. Bill posted adjusted earnings of 57 cents per share in the fiscal fourth quarter, or 11 cents above an LSEG estimate. Revenue of $344 million also exceeded expectations of $328 million.
Intuitive – Shares of the financial technology platform rose about 3% in extended trading, boosted by strong gains. Intuit posted earnings of $1.99 per share, excluding items, on revenue of $3.18 billion. Analysts polled by LSEG expected earnings per share of $1.84 and revenue of $3.08 billion.