Here’s a look at the companies making headlines in extended trading: Microsoft — The tech giant’s shares rose about 1% after its fiscal first-quarter revenue and profit beat Wall Street estimates. Microsoft reported earnings of $3.30 per share on revenue of $65.59 billion, while analysts polled by LSEG forecast earnings of $3.10 per share on revenue of $64.51 billion. Booking Holdings — Shares of the online booking company rose nearly 6%. In the third quarter, the company reported adjusted earnings of $83.39 per share on revenue of $7.99 billion, while analysts polled by London Stock Exchange Group expected earnings of $77.52 per share on revenue of $7.63 billion. Starbucks – Shares fell nearly 1%. The coffee chain said global same-store sales fell 7% in the fiscal fourth quarter due to lower demand in the United States and China. Results for the period were disappointing, with earnings per share of 80 cents on revenue of $9.07 billion. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of $1.03 per share on revenue of $9.36 billion. Meta Platforms — Facebook parent company shares fell 2% after Meta reported third-quarter user numbers that fell short of Wall Street expectations. Meta said there were 3.29 billion daily active users in the third quarter, below analysts’ forecast of 3.31 billion. Coinbase — Shares of Coinbase fell nearly 3% after the cryptocurrency trading platform missed analysts’ third-quarter expectations. Coinbase reported earnings of 28 cents per share on revenue of $1.21 billion, while analysts polled by LSEG had forecast earnings of 41 cents per share on revenue of $1.26 billion. Robinhood — Shares of the brokerage platform fell 10% after third-quarter results fell short of Wall Street expectations. Robinhood reported earnings of 17 cents per share on revenue of $637 million. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of 18 cents per share on revenue of $658 million. eBay — Weak guidance weighed on the e-commerce company, sending shares down 7%. eBay expects fourth-quarter earnings of $1.17 to $1.22 per share on revenue of $2.53 billion to $2.59 billion. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of $1.22 per share on revenue of $2.65 billion. DoorDash — Shares of the food delivery company fell about 1% in after-hours trading. DoorDash’s third-quarter revenue and profit exceeded analysts’ expectations, with earnings per share of 38 cents on revenue of $2.71 billion. Analysts polled by LSEG expected earnings of 22 cents per share on revenue of $2.66 billion. Carvana — Shares of the used car seller rose more than 20% after Carvana beat analysts’ expectations for the third quarter. The company reported earnings of 64 cents per share on revenue of $3.66 billion. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of 25 cents per share on revenue of $3.45 billion. Etsy — The e-commerce stock rose more than 12%. Etsy’s board of directors approved a $1 billion stock buyback. Etsy’s third-quarter revenue also exceeded expectations, reaching $662.4 million, while analysts polled by LSEG expected $652.5 million. MGM Resorts — Shares of the casino operator fell 5% on disappointing results. MGM Resorts reported third-quarter adjusted earnings of 54 cents, while analysts polled by LSEG forecast earnings of 61 cents per share. Revenue also missed the target, coming in at $4.18 billion, compared with Wall Street expectations of $4.21 billion. —CNBC’s Darla Mercado contributed reporting.
