After-hours movers: Meta jumps following results, Align sinks

After-Hours Stock Movers:

Endeavor Group Holdings Inc (NYSE:) 24% HIGHER; announced the initiation of a formal review to evaluate strategic alternatives for the company. Silver Lake said it is currently working toward making a proposal to take Endeavor private.

Align Technology (NASDAQ:) 22% LOWER; Q3 EPS of $2.14, $0.13 worse than the analyst estimate of $2.27. Revenue for the quarter came in at $960.2 million versus the consensus estimate of $998.68M. Align Technology sees Q4 2023 revenue of $0.92-0.94 billion, versus the consensus of $1.02B. Align Technology sees FY2023 revenue of $3.83-3.85B, versus the consensus of $3.97B.

Edwards Lifesciences (NYSE:) 9% LOWER; Q3 EPS of $0.59, in-line with the analyst estimate of $0.59. Revenue for the quarter came in at $1.48B versus the consensus estimate of $1.48B. Edwards Lifesciences sees Q4 2023 revenue of $1.45-1.53B, versus the consensus of $1.54B.

ServiceNow (NYSE:) 5% HIGHER; Q3 EPS of $2.92, $0.36 better than the analyst estimate of $2.56. Revenue for the quarter came in at $2.29B versus the consensus estimate of $2.27B. Sees FY Subscription revenues of $8.635-$8.64B.

O’Reilly Automotive (NASDAQ:) 4% HIGHER; Q3 EPS of $10.72, $0.33 better than the analyst estimate of $10.39. Revenue for the quarter came in at $4.2B versus the consensus estimate of $4.07B. O’Reilly Automotive sees FY2023 EPS of $37.80-$38.30, versus the consensus of $42.26. O’Reilly Automotive sees FY2023 revenue of $15.7-15.8B, versus the consensus of $15.677B.

Meta Platforms (NASDAQ:) 3% HIGHER; Q3 EPS of $4.39, $0.75 better than the analyst estimate of $3.64. Revenue for the quarter came in at $34.15B versus the consensus estimate of $33.57B. Meta Platforms sees Q4 2023 revenue of $36.5-40B, versus the consensus of $36.64B.

IBM (NYSE:) 2% HIGHER; Q3 EPS of $2.20, $0.07 better than the analyst estimate of $2.13. Revenue for the quarter came in at $14.75B versus the consensus estimate of $14.75B.