Check out the companies making headlines in extended trading: Texas Instruments – The semiconductor company added 2%. Third-quarter results topped analysts’ estimates, as Texas Instruments reported earnings of $1.47 per share on revenue of $4.15 billion. Analysts are looking for $1.38 in earnings per share and $4.12 billion in revenue, per LSEG. Seagate Technology – The data storage company fell 3.6%. Seagate’s guidance of $2.3 billion in revenue for the fiscal second quarter was roughly in line with the Street estimate of $2.29 billion, per LSEG. The company beat analysts’ estimates on both the top and bottom lines in the first quarter, however. Manhattan Associates – The supply chain software company fell nearly 7%. Manhattan Associates forecast full-year revenue in the range of $1.039 billion to $1.041 billion, while analysts polled by FactSet had expected $1.04 billion. Enphase Energy – The solar energy technology company fell 9% after missing Wall Street’s top and bottom estimates in the third quarter and issued a fourth-quarter earnings outlook. Enphase expects revenue for the current quarter in the range of $360 million to $400 million, while analysts polled by LSEG forecast $435.8 million. Canadian National – Shares of the freight train company added nearly 2%. Canadian National’s third-quarter adjusted profit of $1.72 per share in Canadian dollars matched analysts’ estimates, while revenue of CA$4.11 billion was below the CA$4.12 billion expected by analysts polled by LSEG. Starbucks – Shares of the coffee chain retreated more than 3%. First quarter results showed a decline in sales. Starbucks said it is also suspending its 2025 forecast. McDonald’s — The fast-food chain’s sales fell 9% after the US Centers for Disease Control and Prevention said an outbreak of E. coli linked to the company’s Quarter Pounder burgers led to ten hospitalizations and one death. CoStar Group – Shares were down 5%. The housing analysis firm’s fourth-quarter outlook missed analysts’ estimates. CoStar is forecasting earnings in the range of 21 cents to 23 cents per share, while analysts polled by LSEG were looking for 24 cents.
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