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Stocks making the biggest moves after hours: Cava, Intuit, Workday, Lucid and more

Garry Wills by Garry Wills
February 25, 2025
in Business Finance
Stocks making the biggest moves after hours: Cava, Intuit, Workday, Lucid and more
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Check out the companies making headlines in extended trading: Jack in the Box — The fast-food chain surged more than 10%. The company reported fiscal first-quarter operating earnings of $1.92 per share, while analysts polled by FactSet forecast $1.69 per share. Workday — Shares of the manufacturer of human resources software jumped 7%. Fourth-quarter adjusted earnings came in at $1.92 per share on revenue of $2.21 billion. That beat analysts’ projections for $1.78 per share in earnings and $2.18 billion in revenue. Instacart — Shares of the grocery delivery service tumbled 8%. Fourth-quarter revenue came in at $883 million, falling short of analysts’ call for $891 million, per LSEG. Adjusted earnings before interest, taxes, depreciation and amortization for the current quarter will range between $220 million and $230 million, while analysts polled by FactSet sought $237.1 million. Cava Group — Stock in the restaurant chain pulled back more than 7% after fourth-quarter earnings missed analysts’ estimates. Cava reported adjusted earnings of 5 cents per share, while analysts polled by LSEG were looking for 6 cents per share. The company’s revenue of $227 million beat analysts’ forecast for $224 million. Lucid — The electric vehicle stock surged more than 9% after fourth-quarter results surpassed analysts’ estimates on the top and bottom lines. Lucid reported an adjusted loss of 22 cents per share on revenue of $234 million. Analysts polled by LSEG forecast an adjusted loss of 25 cents per share and revenue of $214 million. Intuit — The maker of TurboTax software advanced 4%. Fiscal second-quarter results surpassed Wall Street’s expectations, as Intuit reported adjusted earnings of $3.32 per share on revenue of $3.96 billion. Analysts surveyed by LSEG estimated earnings of $2.58 per share and $3.83 billion in revenue. AMC Entertainment — Shares of the movie theater chain gained more than 5% after fourth-quarter revenue surpassed analysts’ estimates. AMC reported revenue of $1.31 billion, slightly above the forecast $1.30 billion from analysts polled by LSEG. — CNBC’s Darla Mercado contributed reporting.



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