June 30, 2022

Tesla, United, Carvana and more

Tesla, United, Carvana and more

An aerial view shows the Tesla Fremont plant in Fremont, California on February 10, 2022.

Josh Adelson | AFP | Getty Images

Check out the companies making headlines after the bell:

Tesla Shares of the electric car maker rose 4% in extended trading after a Better than expected earnings report. Tesla reported earnings of $3.22 per share on revenue of $18.76 billion. Analysts expected earnings of $2.26 per share on revenue of $17.8 billion, according to Refinitiv.

United Airlines – The airline’s stock rose 5.6% after hours, although first-quarter results came in below estimates. United reported a first-quarter adjusted loss of $4.24 per share on revenue of $7.57 billion. Analysts polled by Refinitiv expected a loss per share of $4.22 on revenue of $7.68 billion. However, United issued the strongest second-quarter guidance in history and said Expect to be profitable in 2022.

CSX Shares of the rail transport company added 2.2% in extended trading after exceeding quarterly revenue. CSX posted revenue of $3.41 billion versus an expected $3.3 billion, according to Refinitiv.

Carvana – Shares fell about 24% hours after a larger-than-expected loss for the stock. Carvana reported a loss of $2.89 per share versus Refinitiv’s consensus estimate of $1.44 per share.

L research Semiconductor stock fell 1.8% in extended trading after a weak quarterly report. Lam Research reported third-quarter adjusted earnings of $7.40 per share on revenue of $4.06 billion. Analysts expected earnings of $7.51 per share on revenue of $4.25 billion, according to Refinitiv.