Check out the companies making headlines in after-hours trading. Chipotle — Shares of Chipotle tumbled 6% after the fast-casual burrito chain reported that traffic to its restaurants declined for the fourth straight quarter . The company also projected flat same-store sales growth for 2026. To be sure, adjusted earnings and revenue for Chipotle’s fourth quarter still beat analysts’ consensus expectations, according to LSEG. Corteva — The agriculture company’s stock fell 5% after it reported a fourth-quarter sales miss. Falling crop prices and geopolitical tensions have weighed on demand for crop protection and seeds. Advanced Micro Devices — The chipmaking stock declined about 7%. AMD said that it sees first-quarter revenue landing at $9.8 billion, plus or minus $300 million, while analysts sought $9.38 billion. The company also called for first-quarter non-GAAP gross margin of about 55%, landing roughly in line with the consensus StreetAccount estimate of 54.5%. Clorox – The maker of Glad trash bags and Clorox bleach slid 2%. Adjusted earnings for the fiscal second quarter came in light, landing at $1.39 per share, while the LSEG consensus estimate sought $1.43 per share. Clorox said it still sees full-year gross margin being down 50 basis points to 100 basis points. Enphase Energy – The supplier of solar and battery systems jumped about 19%. Enphase Energy issued rosy guidance on revenue for the first quarter, calling for a range of $270 million to $300 million, versus the FactSet consensus of $262.2 million. Fourth-quarter adjusted earnings and revenue also beat estimates. Match Group – The maker of the online dating app saw shares jump 7%. Fourth-quarter earnings came in at 83 cents per share on revenue of $878 million, surpassing the LSEG consensus estimate for 70 cents per share and $871 million. The company said it expects full-year cash flow to range between $1.085 to $1.135 billion, topping the FactSet consensus of $955.4 million. Super Micro Computer – Shares jumped 6% as strong demand for Super Micro’s AI-optimized servers helped fiscal second-quarter results top expectations and prompted the company to raise its annual revenue forecast. Super Micro earned 69 cents per share on an adjusted basis, soundly outpacing the second-quarter consensus estimate of 49 cents per share, per LSEG. Revenue of $12.68 billion, topped the $10.23 billion estimate. The company anticipates fiscal 2026 revenue will be at least $40 billion, which compares with a $36.09 billion estimate. Take-Two Interactive Software – Shares popped nearly 5%. The video game publisher raised its 2026 guidance for net bookings, calling for a range of $6.65 billion to $6.7 billion. That’s an increase from its earlier guidance of $6.4 billion to $6.5 billion, and it beat the FactSet consensus estimate of $6.47 billion. Amgen — Shares of the biotechnology giant added 0.9% on the back of strong fourth-quarter financial results. Amgen reported adjusted earnings of $5.29 per share on revenue of $9.87 billion, while analysts polled by LSEG expected $4.73 per share in earnings and $9.47 billion in revenue. Silicon Laboratories — The chip designer saw shares skyrocket more than 30%. The Financial Times reported, citing people familiar with the matter, that Texas Instruments is in advanced talks to buy the company for roughly $7 billion. Mondelez International — The maker of Oreo cookies saw its shares slip roughly 4%. Mondelez beat LSEG consensus estimates for earnings and revenue in the fourth quarter, but posted lower year-over-year profit as cocoa cost headwinds weighed on profitability. For the full year, Mondelez said it expects organic revenue growth in a range of flat to 2% and sees earnings growth ranging from flat to 5% on a constant currency basis. Lumentum Holdings — Shares of Lumentum, which makes optical and photonic products, jumped 11% after the company handily beat fiscal second quarter estimates and gave strong guidance for its current period. Lumentum reported adjusted earnings of $1.67 per share and revenue of $665.5 million. Analysts surveyed by FactSet were expecting earnings of $1.41 per share and $652.1 million in revenue. — CNBC’s Christina Cheddar Berk contributed reporting.
Add A Comment