A customer gets take-out food at Cava restaurant in Chicago, Illinois on May 28, 2024.
Scott Olson | Getty Images
Let’s take a look at the companies that made headlines after the bell rang.
Kava Group — Shares in the fast-casual restaurant brand rose about 6% in after-hours trading after reporting better-than-expected earnings. Cava posted profits of 17 cents per share, beating LSEG’s expectations by 4 cents. Revenue also beat expectations.
Uber — The ride-sharing platform’s stock price is General MotorsCruise announced a multiyear partnership that will see the embattled self-driving car company offer driverless rides to Uber users as soon as next year. GM shares rose more than 1% in after-hours trading.
Ross Store — The off-price retailer’s shares rose about 6% in after-hours trading on the back of better-than-expected earnings. LSEG said Ross reported second-quarter earnings per share of $1.59, beating analysts’ expectations by 9 cents. Revenue of $5.25 billion was in line with expectations.
Working days — Shares of the cloud company rose more than 11% after the company reported better-than-expected earnings and revenue. The company reported third-quarter subscription revenue of $1.96 billion, beating the $1.97 billion expected by analysts surveyed by Street Accounts.
Bill Holdings — The cloud-based payments company saw its shares rise more than 3% after a better-than-expected quarterly report. Bill reported fourth-quarter adjusted earnings per share of 57 cents, 11 cents above LSEG’s expectations. Revenue of $344 million beat expectations of $328 million.
Intuit — Shares of the financial technology platform rose about 3% in after-hours trading, boosted by strong results. Intuit reported earnings per share of $1.99, excluding expenses, on revenue of $3.18 billion. Analysts surveyed by LSEG were expecting earnings per share of $1.84 and revenue of $3.08 billion.
