Caesars Entertainment reports quarterly losses of 73 cents per share. Quarterly sales came in at $2.74 billion, missing the $2.84 billion analyst consensus estimate.
Starbucks said second-quarter revenue decreased 2% year-over-year to $8.6 billion, which missed the consensus estimate of $9.129 billion, according to Benzinga Pro. The company reported quarterly earnings of 68 cents per share, which missed analyst estimates of 79 cents per share.
Western Digital reported earnings of 63 cents per share and quarterly sales of $3.46 billion which beat the $3.36 billion analyst consensus estimate. "As evidenced by our excellent third quarter results, Western Digital continues improving through-cycle profitability and dampening business cycles by leveraging our strategy of developing a diversified portfolio of industry-leading products across a broad range of end markets," said David Goeckeler, Western Digital CEO.
Skechers said first-quarter revenue increased 12.5% year-over-year to $2.251 billion, which beat the consensus estimate of $2.204 billion, according to Benzinga Pro. The lifestyle footwear company reported quarterly earnings of $1.33 per share, which beat analyst estimates of $1.10 per share.
Atlassian shares are falling in Thursday's after-hours session on the heels of the company's fiscal third-quarter results. Atlassian also announced a CEO transition.
Viking Therapeutics reports quarterly losses of 26 cents per share which beat the analyst consensus estimate of losses of 28 cents by 7.14%. Research and development expenses were $24.1 million for the first quarter, compared to $11 million for the same period in 2023.
Alphabet, Snap and Pinterest shares are moving lower in Wednesday's after-hours session in sympathy with Meta Platforms, which fell after reporting first-quarter earnings results.
QuantumScape reported quarterly losses of 24 cents per share which met the analyst consensus estimate and is unchanged from the same period last year. The company ended the first quarter with $1.01 billion in liquidity and expects its cash runway to extend into the second half of 2026.
Chipotle says first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to Benzinga Pro. The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share.
Several solar stocks including Sunrun, SolarEdge Technologies and Sunnova Energy International are trading lower in Tuesday's after-hours session in sympathy with shares of Enphase Energy, which fell after the company reported worse-than-expected quarterly results.