Daniel Acker | Bloomberg | Getty Photographs
Take a look at the corporations making headlines after the bell:
Chipotle — Stocks of the Mexican fast-food chain rose greater than 8% in after-hours buying and selling after the corporate reported quarterly income that crowned analyst expectancies. Menu worth hikes helped offset inflation with out hurting buyer call for. On the other hand, Chipotle stated it expects same-store gross sales enlargement to gradual subsequent quarter because of the omicron variant.
Lyft — Stocks of the ride-hailing corporate sank 6% in prolonged buying and selling after the corporate reported fewer lively riders than within the prior quarter. Nonetheless, Lyft beat at the best and backside strains for its quarterly effects.
Enphase Power — Stocks of the renewable power corporate surged greater than 14% after hours at the again of sturdy fourth-quarter effects. Enphase earned 73 cents according to percentage on earnings of $412.7 million. Wall Side road anticipated income of 58 cents on earnings of $396.5 million, consistent with Refinitiv.
XPO Logistics — Stocks of XPO Logistics rose 3% in prolonged buying and selling after the corporate posted better-than-expected income and earnings for the fourth quarter. The corporate reported incomes of $1.34 according to percentage, topping estimates of 99 cents according to percentage, consistent with Refinitiv. Income additionally beat estimates.