Check out the businesses making headlines right after the bell : Align Engineering — The orthodontics technological innovation firm included 3.6% just after beating analysts’ anticipations for its initially-quarter final results. Align posted altered earnings of $2.14 for each share on income of $997.4 million, higher than the $1.97 in earnings for each share on earnings of $974 million that analysts polled by LSEG had anticipated. Meta Platforms — Shares of the tech titan plummeted about 12% after the parent business of Facebook issued lighter-than-expected second-quarter revenue assistance . On the other hand, Meta conquer analysts’ anticipations on equally its top and base strains in the 1st quarter of the year. Ford Motor — The auto inventory rose 2% soon after posting a 1st-quarter adjusted earnings defeat and increasing its altered no cost dollars circulation outlook for 2024. On the other hand, Ford’s initial-quarter earnings came in underneath anticipations. Ethan Allen Interiors — Shares slipped 4% immediately after the dwelling furnisher described results from its fiscal third quarter. Ethan Allen’s altered earnings came out to 48 cents for every share, down from 86 cents for every share in the year-back quarter. The firm’s $146.4 million revenue was also down 21% from the very same period in 2023. Global Business enterprise Machines — The global information and facts know-how firm slid 6.6% immediately after hrs. Initial-quarter revenue of $14.46 billion skipped consensus estimates of $14.55 billion, per LSEG. IBM explained international trade would show a two-proportion-level headwind to 2024 earnings progress. IBM also agreed to get HashiCorp for $6.4 billion in company benefit. HashiCorp shares jumped much more than 4%. Whirlpool — The home appliance organization included 2% right after a first-quarter earnings defeat. Whirlpool noted modified earnings of $1.78 for every share on earnings of $4.49 billion, greater than the consensus estimate of $1.68 per share in earnings on income of $4.42 billion, in accordance to LSEG. Chipotle Mexican Grill — Shares of the burrito chain rose much more than 3% after submitting very first-quarter gains that ended up nicely higher than analysts’ estimates. Chipotle attained $13.37 for each share, excluding items, outpacing the $11.68 for every share LSEG estimate, as traffic to its dining places was robust. Lam Study — The wafer fabrication devices service provider slid 2%. For the fiscal third quarter, Lam Investigation posted modified earnings of $7.79 per share on revenue of $3.79 billion. Analysts polled by LSEG predicted earnings of $7.30 for every share and $3.72 billion in income. The firm also issued potent guidance on adjusted earnings for each share for the current quarter. ServiceNow — The electronic workflow firm dropped 5% immediately after it narrowly defeat analysts’ anticipations for earnings in the initial quarter. Earnings came in marginally greater than the Street’s forecast at $2.6 billion, versus the $2.59 billion expected, for every LSEG. Modified earnings also surpassed estimates. Churchill Downs — The horse-racing and casino gaming business climbed 5.4% postmarket. 1st-quarter earnings per share, excluding products, as nicely as earnings and adjusted earnings just before curiosity, taxes, depreciation and amortization, all exceeded analysts’ consensus estimates, in accordance to StreetAccount. United Rentals — The products rental enterprise added 2.4% right after putting up a first-quarter adjusted earnings and profits defeat. United Rentals also lifted its income forecast for the comprehensive 12 months of 2024. — CNBC’s Christina Cheddar-Berk, Darla Mercado and Scott Schnipper contributed reporting.
