Stocks making the biggest moves after hours: Intel, Deckers, Boston Beer and more
Check out the companies making headlines in after-hours trading. Intel – Shares of the chipmaker inched up less than 1% in extended trading. That’s after the company’s second-quarter revenue of $12.86 billion topped the $11.92 billion that analysts surveyed by LSEG were expecting for the period. The company’s third-quarter revenue guidance also surpassed analyst estimates. Deckers – Shares of the shoe manufacturing company climbed 6%. Fiscal first-quarter results surpassed analysts’ estimates, with earnings landing at 93 cents a share on revenue of $965 million. LSEG consensus estimates called for earnings of 68 cents per share and $901 million in revenue. Deckers said it saw better-than-expected sales from its Hoka and Ugg brands. Boyd Gaming – The casino operator saw shares rise more than 1% in extended trading after the firm reported stronger-than-expected adjusted earnings and revenue for the second quarter. Boyd Gaming said its growth was supported by continued strength in its core customers as well as improvements in retail play. Verisign – The domain name registry company saw shares slide 4%. Verisign shares fell even as the company reported second-quarter earnings of $2.21 per share, up from $2.01 per share in the year-ago period. Revenue came in at $410 million, up 5.9% from the same quarter in 2024. Newmont – Shares of the mining company advanced 3%. In the second quarter, Newmont posted adjusted earnings of $1.43 per share and revenue of $5.32 billion. The FactSet consensus estimate called for $1.16 per share in earnings and $4.85 billion in revenue. Boston Beer – The alcohol producer’s stock jumped nearly 8% after second-quarter earnings per share blew past the Street’s forecast. Boston Beer posted $5.45 per share, while analysts surveyed by LSEG anticipated $3.83 a share. Revenue for the quarter came in at $587.9 million, narrowly missing the consensus estimate for $589 million. Edwards Lifesciences – The medtech stock rose nearly 6% following the company’s better-than-expected quarterly results. Edwards Lifesciences posted adjusted earnings of 67 cents per share on $1.53 billion in revenue, above the 62 cents per share and $1.49 billion in revenue that analysts were expecting, per LSEG. Mohawk Industries – Shares gained more than 2% on the heels of the company’s second-quarter results. Mohawk reported adjusted earnings of $2.77 per share and $2.80 billion in revenue, while analysts polled by FactSet were calling for $2.61 per share and $2.76 billion in revenue. Comfort Systems USA – The HVAC’s company’s stock surged more than 13%. For the second quarter, Comfort Systems posted earnings of $6.53 per share, beating out the $4.84 per share that analysts had expected, according to FactSet. Meanwhile, the company’s revenue of $2.17 billion came in above the consensus estimate of $1.97 billion. Coursera – Shares jumped more than 20% after the online learning platform provider posted an earnings and revenue beat in the second quarter. Coursera posted adjusted earnings of 12 cents per share and revenue of $187 million. Analysts surveyed by LSEG had penciled in 9 cents per share and $181 million in revenue. The company also issued upbeat guidance for the third quarter. — CNBC’s Alex Harring, Darla Mercado and Yun Li contributed reporting.
