Look at out the firms generating headlines in extended buying and selling: DoorDash — Shares of the food stuff shipping company tumbled 13% after its 1st-quarter report discovered a broader-than-anticipated reduction. DoorDash shed 6 cents for every share on $2.51 billion in profits. Analysts surveyed by LSEG ended up expecting a reduction of 4 cents for each share on $2.45 billion in earnings. Carvana — The automobile market soared 30% following profits for the 1st quarter surpassed Avenue expectations. Carvana claimed $3.06 billion in revenue, well earlier mentioned the consensus forecast of $2.67 billion from analysts surveyed by LSEG. Freshworks — The application growth enterprise tumbled 19%. Regardless of beating anticipations on equally lines for the initially quarter, the California-based mostly organization presented gentle guidance for income in the present-day quarter and whole yr. Freshworks forecast in between $168 million and $170 million in the second quarter and a range of $695 million to $705 million for the whole calendar year, whilst analysts polled by FactSet anticipated $172.1 million in the a few-month period of time and $708.3 million in the 12 months. Etsy — The on the net market slid about 13%. Etsy reported altered earnings of 48 cents for each share in the very first quarter, while analysts polled by LSEG known as for 49 cents a share. Profits of $646 million was in line with anticipations. eBay — The on-line commerce system dropped 4% immediately after existing-quarter income assistance skipped expectations. The business instructed investors to anticipate in between $2.49 billion and $2.54 billion in revenue, when analysts polled by LSEG forecast $2.56 billion. That overshadowed stronger-than-anticipated results for the prior quarter. Qualcomm — Shares rose extra than 4% soon after hrs just after the chipmaker posted $2.44 for every share in modified earnings for its most recent quarter, topping analysts’ estimates of $2.32 for every share, according to LSEG. The top stop of Qualcomm’s earnings forecast for the recent quarter was increased than the Street’s anticipations, as the corporation cited need for smartphones that need the most highly developed chips. Schrodinger — The computational system slid 8%. The company posted a loss of 76 cents per share, broader than the loss of 74 cents for every share envisioned by analysts surveyed by FactSet. Profits arrived in at $36.6 million, less than the FactSet consensus of $42 million. Schrodinger also made available softer steering for latest-quarter earnings than analysts predicted. Qorvo — Weak steering for the fiscal 1st quarter dragged shares of the semiconductor firm lessen by 11%. Qorvo is calling for earnings of 60 cents to 80 cents for each share, although analysts polled by FactSet have been anticipating $1.27 for each share. In the fiscal fourth quarter, having said that, the company defeat on top rated and bottom traces. Envista — The maker of dental goods sank 3.8% soon after very first-quarter modified earnings of 26 cents a share skipped analysts’ consensus estimate of 32 cents, in accordance to FactSet. Revenue of $623.6 million also trailed an estimate of $634.9 million. Openlane — The automobile wholesaler dropped almost 16% owing to very first-quarter adjusted earnings of 19 cents per share lacking the Street’s consensus estimate of 21 cents per share, according to FactSet. Revenue of $416.3 million was under analysts’ lowest estimate, and fell brief of the common forecast of $425.2 million. C.H. Robinson — The freight logistics and trucking supplier surged 13% in reaction to initially-quarter altered earnings of 86 cents a share as opposed to analysts’ consensus estimate of 63 cents, per FactSet. The consequence also defeat the best estimate on the Street. Profits topped the normal analysts’ estimate. — CNBC’s Jesse Pound, Tanaya Macheel, Darla Mercado and Scott Schnipper contributed reporting.
