Biggest moves are made after hours by Paramount, Expedia, E.l.f. Beauty and others. 📈

Discover the Latest Updates in After-Hours Trading

Explore the companies grabbing attention in after-hours trading with significant movements indicating the performance in the market this year.

Paramount Global

Paramount Global witnessed a striking 5.7% surge following an exceptional earnings beat during the second quarter. The company reported earnings of 54 cents per share, outperforming analyst expectations of 12 cents per share. Despite falling short with a revenue of $6.81 billion compared to the estimated $7.21 billion, Paramount’s stock soared, marking one of the biggest misses in analyst estimates since February 2020.

Paramount Global experienced a notable earnings beat with a 5.7% stock surge.

The company reported earnings of 54 cents per share, surpassing analyst estimates.
Despite revenue falling short, Paramount Global experienced a significant stock rise.

Expedia

Expedia encountered a slight 2.2% decline as the travel demand softened in July amid a challenging macroeconomic environment. Despite this setback, the online travel company exceeded expectations by reporting earnings of $3.51 per share on revenue of $3.56 billion, surpassing analyst projections of $3.06 per share on revenue of $3.53 billion.

Expedia faced a 2.2% stock decrease due to softening travel demand.

The online travel company surpassed expectations by reporting earnings of $3.51 per share.
Expedia exceeded analyst projections and maintained a steady performance.

Unity Software

Unity Software observed a 4.6% drop despite exceeding Wall Street’s expectations for earnings and revenue. However, the company predicted third-quarter revenues below estimates, projecting a range of $415 to $420 million compared to the expected $458 million. Despite reporting a loss of 32 cents per share on revenue of $449 million for the second quarter, Unity Software displayed resilience in the market.

Unity Software experienced a 4.6% stock decrease despite surpassing earnings and revenue expectations.

The company projected third-quarter revenues below estimates, reflecting a range of $415 to $420 million.
Unity Software demonstrated market resilience despite a drop in stock value.

Take-Two Interactive Software

Take-Two Interactive Software saw a 4.8% increase after posting earnings of 5 cents per share in the second quarter, outperforming analyst expectations of 2 cents per share. Although the company missed revenue projections for the quarter, reporting $1.22 billion instead of the expected $1.25 billion, Take-Two Interactive Software reiterated its adjusted earnings and bookings expectations for the entire year, showcasing stability in the market.

Take-Two Interactive Software observed a 4.8% stock increase post second-quarter earnings report.

The company surpassed analyst expectations by posting earnings of 5 cents per share.
Despite missing revenue estimates, Take-Two Interactive Software maintained its yearly projections.

E.l.f. Beauty

E.l.f. Beauty faced a decline of over 5.8% despite exceeding quarterly estimates on the top and bottom lines with a 50% surge in sales. The company reported adjusted earnings per share of $1.10, higher than analysts’ expectations of 84 cents, and revenue of $324 million for the second quarter, surpassing estimates of $305 million.

E.l.f. Beauty witnessed a stock decline despite exceeding quarterly estimates.

The beauty retailer reported adjusted earnings per share higher than analyst expectations.
E.l.f. Beauty showcased strong sales performance amidst a stock decline.

Doximity

Doximity experienced a remarkable 25% surge following fiscal first-quarter earnings that exceeded Street expectations. The company reported 28 cents per share excluding one-time items, surpassing the consensus of 22 cents. Doximity’s forward revenue and adjusted EBITDA guidance for the second quarter and full year also exceeded estimates, indicating a positive market outlook.

Doximity’s stock soared by 25% post fiscal first-quarter earnings report.

The company surpassed Street expectations by reporting 28 cents per share excluding one-time items.
Doximity showcased a positive market outlook with guidance exceeding estimates.

Capri Holdings

Capri Holdings witnessed a 4.2% decline in after-hours trading due to disappointing quarterly results. The fashion company reported earnings of 4 cents per share on revenue of $1.07 billion, falling short of analyst expectations of 59 cents per share on revenue of $1.16 billion.

Capri Holdings observed a 4.2% stock decline post quarterly results announcement.

The fashion company reported earnings lower than analyst expectations.
Capri Holdings faced a setback in stock value following disappointing quarterly results.

Trade Desk

The ad-buying platform, Trade Desk, advanced by 5% after reporting second-quarter earnings of 39 cents per share, surpassing analyst expectations of 36 cents per share. Additionally, the company exceeded revenue projections by reporting $585 million for the period, surpassing the forecast of $578 million, indicating a positive market performance.

Trade Desk experienced a 5% stock increase post second-quarter earnings report.

The ad-buying platform surpassed earnings expectations by reporting 39 cents per share.
Trade Desk displayed market strength by exceeding revenue projections.

Sweetgreen

The salad chain, Sweetgreen, soared nearly 20% after reporting second-quarter revenue of $184.6 million, surpassing analyst estimates of $181 million. The company also provided revenue guidance for the full year of $670 million to $680 million, exceeding consensus estimates for $674 million, showcasing a strong market performance.

Sweetgreen witnessed a significant 20% stock surge post second-quarter revenue announcement.

The salad chain reported revenue surpassing analyst estimates for the period.
Sweetgreen showcased optimism with revenue guidance exceeding consensus estimates.

Insulet

Insulet, the maker of insulin delivery systems, experienced a minor 1% decline despite exceeding analyst revenue expectations for the second quarter. The company reported revenue of $488.5 million, surpassing analyst estimates of $463.5 million, indicating a stable market performance.

Insulet encountered a 1% stock decrease post second-quarter revenue report despite exceeding revenue expectations.

The maker of insulin delivery systems reported revenue higher than analyst estimates.
Insulet showcased stability in market performance despite a minor stock decline.

Akamai Technologies

Akamai Technologies added 3% in after-hours trading as its second-quarter results exceeded analyst estimates. The cloud company reported adjusted earnings of $1.58 per share on revenue of $980 million, surpassing the expected earnings of $1.53 per share and revenue of $977 million, signaling a strong market outlook.

Akamai Technologies observed a 3% stock increase post second-quarter results announcement.

The cloud company exceeded analyst expectations by reporting adjusted earnings of $1.58 per share.
Akamai Technologies showcased market strength by surpassing revenue projections.

DXC Technology

DXC Technology, the northern Virginia-based IT services provider, rallied 12% after hours. The company reported fiscal Q1 EPS excluding items of 74 cents, surpassing analyst estimates of 58 cents. Additionally, DXC Technology exceeded revenue expectations by reporting $3.24 billion compared to the expected $3.14 billion, displaying a robust market performance.

DXC Technology experienced a significant 12% stock surge post fiscal Q1 earnings report.

The IT services provider surpassed analyst estimates by reporting EPS of 74 cents.
DXC Technology showcased revenue strength by exceeding revenue projections.

Hot Take: Explore the Latest After-Hours Trading Trends

Delve into the movements and performances of various companies in after-hours trading, showcasing both strengths and challenges in the market this year.