Here are some companies that are making headlines for their extended deals. Tesla — Elon Musk’s automaker pared early gains and recently fell 2%. Tesla had its best performance in sales and bottom line in the third quarter. The company earned 48 cents per share on an adjusted basis on revenue of $28.05 billion. Analysts polled by LSEG had expected 43 cents per share, or $27.88 billion. International Business Machines — Shares erased earlier gains and fell 2%. The company reported third-quarter adjusted earnings of $2.95 per share, compared to analyst estimates compiled by LSEG of $2.86 per share. Revenue also exceeded expectations, and IBM now expects full-year free cash flow to increase by more than $1 billion from the previous year. ROLLINS — The pest control company’s stock price fell more than 7% after its third-quarter results missed Street expectations. Rollins earned 33 cents per share on revenue of $1.09 billion, while the FactSet consensus was calling for $1.11 billion at 34 cents per share. Metaplatform — The social media giant rose 3% in after-hours trading after revenue beat analysts’ expectations. Third-quarter revenue was $64.6 billion, beating the LSEG consensus call of $63.37 billion. The midpoint of its fourth-quarter sales outlook also exceeded TheStreet’s expectations. CSX — The railroad rose 4% after third-quarter profits beat expectations. CSX earned 57 cents per share on revenue of $4.02 billion, while analysts surveyed by LSEG had expected earnings of 53 cents per share and revenue of $3.96 billion. Revenue per unit for the period increased 7%, compared to the StreetAccount consensus estimate for a 5.9% increase. Las Vegas Sands – The resort company’s stock fell 2% after the company reported disappointing third-quarter results. Las Vegas Sands had revenue of $3.22 billion and adjusted earnings per share of 54 cents. Analysts surveyed by LSEG had expected earnings of 69 cents a share and revenue of $3.35 billion. Lam Research — The semiconductor manufacturing equipment company fell more than 5%. Lam expects second-quarter adjusted earnings to be $2.33 plus or minus 15 cents per share on revenue of $8.6 billion plus or minus $400 million. Analysts had expected earnings of $2.31 per share and revenue of $8.53 billion. SAP SE — The software company’s stock rose 4% after third-quarter profit and revenue beat analysts’ expectations. QuantumScape – Shares of the lithium metal battery technology company rose more than 9%. QuantumScape announced plans for a 100 megawatt-hour solid-state battery production line for artificial intelligence data centers. Molina Healthcare – Managed healthcare service provider fell 4%. Although third-quarter results were better than expected, our full-year premium revenue outlook remains unchanged at approximately $42 billion. The company’s guiding metrics across all segments have also been reaffirmed. “We believe we are likely to see the beginning of a turnaround in Medicaid margins given the apparent plateauing of health care cost trends, which remain elevated, and the strength of recent rate updates into 2027,” said Molina President and CEO Joseph Zubrecki. CNBC’s Davis Giangiulio, Sean Conlon, Sarah Min and Paulina Likos contributed reporting.
