Stocks making the biggest moves after hours: Meta Platforms, Tesla, Lam Research, IBM & more

Here are some of the companies making headlines in extended trading.

Skip NavigationJoin ICJoin ProLivestreamMenuHere are some of the companies making headlines in extended trading. Tesla — Elon Musk’s auto manufacturer added less than 1% after Tesla posted beats on the top and bottom lines in the third quarter . Tesla earned 48 cents per share on an adjusted basis and posted revenue of $28.05 billion. Analysts polled by LSEG were looking for 43 cents a share and $27.88 billion. International Business Machines — Shares jumped 3% after the company reported adjusted earnings of $2.95 per share for the third quarter, compared to analysts polled by LSEG’s expectations for $2.86 per share. Revenue also beat estimates, and IBM now expects free cash flow for full-year 2026 to increase by more than $1 billion over the year prior. Rollins — The pest control company saw shares fall more than 8% after third-quarter results missed the Street’s estimates. Rollins earned 33 cents a share on $1.09 billion in revenue, while the FactSet consensus sought 34 cents a share and $1.11 billion. Meta Platforms — The social media giant gained 5% in extended trading after revenue came in ahead of analysts’ estimates. Third-quarter revenue of $64.60 billion topped the LSEG consensus call for $63.37 billion. The midpoint of its fourth-quarter sales guidance was also above the Street’s estimates. CSX — The railway company gained 4% after third-quarter earnings beat expectations. CSX earned 57 cents per share on revenue of $4.02 billion, while analysts surveyed by LSEG called for 53 cents a share and $3.96 billion. Revenue per unit increased 7% in the period, compared to the StreetAccount consensus expectation for 5.9% growth. Las Vegas Sands – Shares of the resort company fell 2% after the company posted disappointing third-quarter results. Las Vegas Sands posted adjusted earnings of 54 cents per share on revenue of $3.22 billion. Analysts surveyed by LSEG were expecting 69 cents in earnings per share and $3.35 billion in revenue. Lam Research — The semiconductor manufacturing equipment company dropped more than 5% even after reporting first quarter results that were roughly in line with expectations. Earnings of $2.20 per share, on an adjusted basis, beat the $2.18 forecast from analysts surveyed by LSEG. Revenue of $8.22 billion exceeded the anticipated $8.15 billion. SAP SE — Shares of the software company advanced 4% after earnings and revenue surpassed analysts’ estimates in the third quarter. QuantumScape – Shares of the company behind lithium-metal battery tech surged more than 8%. QuantumScape announced plans for a 100 megawatt-hour solid-state battery production line for artificial intelligence data centers.

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