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After-hours movers: Tesla ticks up on beat, Chevron jumps on massive buyback

Published 2023-01-25, 06:10 p/m
Updated 2023-01-25, 06:10 p/m
© Reuters.

© Reuters.

After-Hours Stock Movers:

DoubleVerify Holdings Inc (NYSE:DV8% HIGHER; to be added to S&P SmallCap 600

Wolfspeed Inc (NYSE:WOLF7% LOWER; reported Q2 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $216.1 million versus the consensus estimate of $225.54M.

Seagate Technology PLC (NASDAQ:STX7% HIGHER; reported Q2 EPS of $0.16, $0.06 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.83B.

Levi Strauss & Co (NYSE:LEVI6% HIGHER; reported Q4 EPS of $0.34, $0.05 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.6B versus the consensus estimate of $1.57B.

Chevron Corporation (NYSE:CVX) 3% HIGHER; declared a quarterly dividend of one dollar and fifty-one cents ($1.51) per share, an increase of nine cents ($0.09) per share or approximately 6 percent. The Board also authorized the repurchase of the company’s shares of common stock in an aggregate amount of $75B.

Lam Research (NASDAQ:LRCX) 3% LOWER; reported Q2 EPS of $10.71, $0.66 better than the analyst estimate of $10.05. Revenue for the quarter came in at $5.28B versus the consensus estimate of $5.11B. The company guided Q3 EPS of $5.75-$7.25 vs estimate of $7.88, revenue of $3.5B-$4.1B vs estimate of 4.38B.

ServiceNow (NYSE:NOW) 2% LOWER; reported Q4 EPS of $2.28, $0.26 better than the analyst estimate of $2.02. Revenue for the quarter came in at $2.03B versus the consensus estimate of $1.94B.

Radius Global Infrastructure Inc (NASDAQ:RADI1% HIGHER; EQT (NYSE:EQT), PSP Investments looking to buy the company, Dealreporter said.

Tesla (NASDAQ:TSLA) 1% HIGHER; reported Q4 EPS of $1.19, $0.04 better than the analyst estimate of $1.15. Revenue for the quarter came in at $24.32B versus the consensus estimate of $24.68B.

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