Check out the companies making headlines in expansion trading: Starbucks – After quarter revenues were higher than expected, the coffee chain stock added 3% to expansion trading. Starbucks recorded revenue of $9.46 billion, but the LSEG consensus estimate was $9.31 billion. However, sales at the same store fell for the sixth consecutive quarter. Visa – Stocks fell 3%. Visa reaffirmed its guidance on double-digit net revenue growth for the full year of 2025. Separately, financial technology companies beat top-line and bottom-line expectations for the third quarter. Visa recorded $2.98 per share of revenues of $10.17 billion, with Analyst voted on LSEG’s forecast of $2.85 per share and revenues of $9.84 billion. Mondelez International – The makers of Oreo Cookies and Sour Patch Kids Candy have their shares fallen nearly 3%. Mondelez reaffirms its full-year guidance, seeking a 10% year-on-year decline in earnings per share, with constant currency and organic revenue growth, to around 5%. Separately, the results for the second quarter surpassed Wall Street estimates. Holdings Reservations – The shares were largely unchanged. Parents at Booking.com sought third quarter revenue growth of 7% to 9% compared to 8.6% analysts voted by the sought-after LSEG. However, the company exceeded its expectations in the second quarter. The booking reported adjusted earnings of $55.40 per share with revenue of $6.8 billion, while analysts surveyed by LSEG were penciled at $50.22 per share and revenue of $6.56 billion. Caesars Entertainment – Resort and Casino operators circulated 1% against a consensus estimate of $2.86 billion per LSEG despite revenues of $2.91 billion in the second quarter. LENDINGCLUB – Online bank stocks rose 18% in extended transactions after reporting strong revenue and revenue growth in the second quarter. LendingClub recorded a profit of 33 cents per share against revenue of $248.4 million. Analysts surveyed by LSEG expected to earn 15 cents per share with $228 million. Teladoc Health – Telehealth Company shares rose more than 4% after its second-quarter loss of 19 cents per share was smaller than the 26 cents per share voted by analysts that FactSet had anticipated. Second quarter revenue also surpassed expectations, reaching $631.9 million compared to a consensus estimate of $622.6 million. QORVO – Semiconductor company stocks have rushed by more than 8%. Qorvo gave a second quarter fiscal outlook, sought an adjusted profit of $2.00 per share with revenues of around $1.0225 billion. The LSEG consensus estimates were $1.61 per share and $957 million in revenue. The results for the first quarter also outperformed analyst estimates. – CNBC’s Darla Mercado, Christina Cheddar Berk and Sean Conlon contributed the report.
Stocks that make the biggest move outside of business hours: sbux, v, tdoc, lc
