Check out the companies making headlines in after-hours trading: Texas Instruments — The maker of analog and embedded processing chips tumbled more than 9% after second-quarter sales and earnings topped Wall Street estimates, while the low end of third-quarter guidance fell short. The stock had soared 46% over the past three months before the results. CoStar Group — Shares of the online real estate marketplace rose 1% after the company reported better-than-expected earnings for the second quarter. CoStar earned 17 cents per share, excluding items, on $781.3 million in revenue, while analysts polled by FactSet anticipated 14 cents per share and $772.2 million in revenue. Enphase Energy — Shares slid more than 5%. Despite earnings for the second quarter topping Wall Street expectations, the company said to expect current-quarter revenue between $330 million and $370 million versus a consensus estimate of $368 million from analysts polled by LSEG. Intuitive Surgical — Shares slipped 1%, despite the robotic surgery company posting a second-quarter earnings and revenue beat. Intuitive Surgical reported adjusted earnings of $2.19 per share on revenue of $2.44 billion, while analysts polled by LSEG had expected earnings of $1.92 per share and $2.35 billion in revenue. Cal-Maine Foods — The egg producer saw shares jump nearly 4%. Fiscal fourth-quarter earnings came in at $7.04 per share, up from $2.32 per share in the year-ago period. Revenue of $1.1 billion was also sharply higher than the $640.8 million posted in the fourth quarter of 2024. Cal-Maine also reported an 18% increase in the average number of layer hens compared to the year-ago quarter. SAP — U.S.-listed shares of the enterprise software company slipped 2% after reporting 9.03 billion euros for second-quarter revenue, under the LSEG consensus estimate of 9.08 billion euros. — CNBC’s Lisa Kailai Han, Scott Schnipper and Darla Mercado contributed reporting.
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
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