After‑hours stock moves follow Q3 earnings beats and guidance updates
Meta Platforms posted Q3 earnings of $3.83 per share on $64.6 billion revenue and raised its Q4 sales outlook to $73‑$76 billion, sending the stock up in after‑hours trading. IBM reported adjusted EPS of $2.95 on $17.1 billion revenue and reaffirmed its full‑year constant‑currency revenue growth target of 4%‑5%. Tesla posted adjusted EPS of $0.48 on $28.05 billion revenue, while CSX and Las Vegas Sands posted Q3 EPS of $0.57 on $4.02 billion revenue and $0.54 on $3.22 billion revenue respectively. Lam Research’s first‑quarter results showed EPS of $2.20 on $8.22 billion revenue, but the stock fell despite the in‑line numbers.
Why it matters
The earnings beats and raised guidance suggest stronger near‑term demand for Meta’s ad services, IBM’s cloud and AI consulting, and Tesla’s energy storage, which could support higher revenue growth for those companies. The mixed reactions—gains for some and declines for others—reflect investors’ reassessment of sector outlooks and may affect trading volumes and price volatility in the immediate session.
Key facts
- 1Meta reported Q3 EPS of $3.83 and revenue of $64.6 billion. investing.com
- 2Meta gave Q4 revenue guidance of $73–$76 billion. investing.com
- 3IBM posted adjusted EPS of $2.95 on revenue of $17.1 billion. investing.com
- 4IBM reaffirmed a full‑year constant‑currency revenue growth target of 4%‑5%. investing.com
- 5Tesla earned adjusted EPS of $0.48 on revenue of $28.05 billion. investing.com
- 6CSX posted EPS of $0.57 on revenue of $4.02 billion. investing.com
Open questions
- Conflicting after‑hours price change percentages for META (4% vs 5%).
- Conflicting after‑hours price change percentages for IBM (6% vs 3%).
- Conflicting after‑hours price change percentages for TSLA (2% vs <1%).
- Conflicting after‑hours price change percentages for CSX (5% vs 4%).
- Conflicting after‑hours price change percentages for LVS (4% drop vs 2% drop).
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.