Shares across a slate of U.S. companies moved in after-hours trading as quarterly results and guidance cycled through, delivering a mixed tape for investors. Booking Holdings fell nearly 4% after the travel technology platform lowered its full-year adjusted earnings per share growth to the low-to-mid-teens, from a prior mid-teens target, citing lagging impacts from the Middle East conflict through the end of June. The company did post a beat on both top and bottom lines for its first quarter, but the guidance shift pressured sentiment. Expedia Group slipped about 3% in sympathy.
In another pocket of the market, Mondelez International rose about 2% after reporting first-quarter adjusted earnings of 67 cents per share on revenue of $10.08 billion, beating consensus expectations. Robinhood Markets dropped roughly 6% after first-quarter results came in below expectations, with earnings of 38 cents per share on revenue of $1.07 billion versus LSEG consensus of 43 cents and $1.18 billion. Starbucks advanced nearly 5% after upgrading its full-year outlook, with global and U.S. same-store sales now seen rising at least 5% in fiscal 2026 and adjusted earnings guidance raised to a range of $2.25 to $2.45 per share.
Energy-related components also moved notably: Enphase Energy fell more than 6% after posting first-quarter results that barely beat expectations—adjusted earnings of 47 cents per share on revenue of $282.9 million, with current-quarter revenue guidance of $280 million to $310 million versus a $294.9 million consensus. Seagate Technology jumped about 15% as it guided fourth-quarter revenue of $3.45 billion ±$100 million and adjusted earnings of around $5 per share, above the LSEG consensus for earnings and revenue. Third-quarter results beat on both lines. NXP Semiconductors surged more than 15% after a strong first quarter, reporting adjusted earnings of $3.05 per share on revenue of $3.18 billion, with guidance above consensus for the current quarter.
Financial-technology and cybersecurity peers also moved: F5 Technologies rose about 5% after second-quarter earnings and revenue topped expectations, and current-quarter guidance exceeded Street forecasts with a raised full-year outlook. Visa climbed roughly 6% after the payments giant posted second-quarter adjusted earnings of $3.31 per share on revenue of $11.23 billion, above the LSEG consensus of $3.10 per share and $10.74 billion. CoStar Group weakened about 5% after reaffirming full-year revenue guidance of $3.78 billion to $3.82 billion, while first-quarter adjusted earnings and revenue modestly beat Street estimates.
Industrial materials and consumer packaging were among the softer names. O-I Glass plunged about 19% after trimming its full-year earnings guidance to a range of $1 to $1.50 per share from $1.65 to $1.90, with first-quarter adjusted earnings of 5 cents per share versus an 11-cent Street projection. Rush Street Interactive jumped roughly 15% after delivering a first-quarter top- and bottom-line beat and lifting full-year revenue and adjusted EBITDA targets, per FactSet. Bloom Energy rose about 9% after quarterly results beat expectations, with the company guiding higher full-year revenue and adjusted earnings than previously anticipated. Brown-Forman, the maker of Jack Daniel’s, fell about 6% after saying merger talks with Pernod Ricard have been terminated without an agreement.
Key takeaways
- Booking Holdings shares fell nearly 4% after hours as the company cut its full-year EPS growth outlook, suggesting slower recovery from travel demand amid geopolitical uncertainties.
- Several consumer staples and digital-payments names posted gains or losses on mixed results, highlighting a results-driven market with idiosyncratic moves rather than broad direction.
- Semiconductors and data-storage names showed notable strength, with NXP and Seagate among the leaders on stronger earnings and guidance.
- Outlook revisions and guidance were a common driver, with some companies lifting full-year targets (Starbucks, Visa, F5) while others trimmed expectations (O-I Glass) or reaffirmed ranges (CoStar).
What drove the move
After-hours trading activity reflected a patchwork of earnings outcomes and guidance revisions. Booking Holdings’ decision to lower its EPS growth target weighed on the travel-technology complex, even as it reported a quarterly top- and bottom-line beat. The guidance adjustment underscored the ongoing impact of the Middle East conflict on demand and bookings, an area investors are watching for spillovers into leisure and hospitality spend.
On the other side of the ledger, Mondelez’s solid first quarter underscored continued resilience in consumer staples through price/mix and volume trends, helping lift the stock as the company outperformed on the top line and earnings. Starbucks’ stronger outlook further signaled a potential pick-up in consumer demand and pricing power, with the company projecting more robust same-store sales growth and lifting its earnings range for the year, which likely contributed to the stock’s advance.
From a micro-development perspective, the software- and hardware-adjacent groups rebounded on solid results. NXP Semiconductors and Seagate both delivered results that topped consensus, with NXP benefiting from stronger-than-expected earnings and revenue, and Seagate guiding to a fourth-quarter print that exceeded Street expectations. In the payments ecosystem, Visa’s second-quarter performance signaled ongoing momentum in consumer spending and merchant volumes, helped by a stronger top line and earnings print.
Within the energy tech and industrial space, Enphase Energy reported a modest beat but gave cautious guidance, while Bloom Energy posted a positive reaction to quarterly results and a higher full-year view. The wide dispersion in outcomes — from large-cap staples to software and hardware gear — illustrated an earnings season still defined by company-specific trajectories rather than a uniform macro read on growth or inflation.
Market reaction
Stock moves were concentrated in both directions, with double-digit intraday shifts for several names and a broader sense of selective risk appetite depending on the sector and company trajectory. Technology hardware and semiconductor names, like Seagate and NXP, led the rally among the winners, while other traditional growth proxies saw more muted or negative moves after earnings and guidance adjustments. The mixed bag of results reinforced a market recalibration around where earnings visibility remains strongest and how well companies can translate price and demand into sustainable margins.
CoStar’s reaffirmed revenue guidance tempered gains in its stock, while O-I Glass faced a material decline on the back of weaker earnings and a narrower outlook. The day’s action highlighted the continuing sensitivity to margins, pricing power, and demand signals across consumer, technology, and industrial sectors as investors parse the health of the economy and the pace of growth in the coming quarters.
What analysts are saying
Analysts cited mixed signals from the quarterly results, with several prints topping expectations on earnings or revenue but offset by conservative or revised guidance in other cases. Where consensus existed on a solid quarter, the stocks tended to move higher, whereas names signaling tighter margins or slower growth faced downward pressure. In several instances, the actual results compared with consensus estimates from FactSet and LSEG showed a tilt toward beat-and-raise narratives in consumer, semiconductor, and payments spaces, while other names faced a more cautious stance tied to forward-looking outlooks.
Bigger picture
The session underscored a market in search of durable earnings momentum amid a complex macro backdrop. The breadth of moves reflected idiosyncratic company stories rather than a simple, sector-wide thesis. Investors remain focused on how pricing power, margin discipline, and demand trends translate into sustainable earnings growth as the year unfolds. The willingness of some names to raise full-year guidance suggests pockets of resilience, while others cut targets in response to geopolitical or macro headwinds.
Investors will continue to weigh fresh results against evolving macro considerations, including inflation dynamics, consumer spending patterns, and the path of rates. Key next catalysts include upcoming earnings from other major names, data on consumer activity and services spending, and any new color on central-bank policy trajectories.
What to watch next: more quarterly results and guidance in the coming sessions, along with macro data releases and any comments from policymakers that could recalibrate expectations for growth and inflation. The trading day’s exit velocity will hinge on whether more companies signal durable demand and margin expansion or optics of softness persist in select sectors.
Data and results cited herein reflect post-close or after-hours movements and are based on reporting from CNBC and market data providers. According to CNBC, the moves captured in after-hours trading show a broad spectrum of reactions to earnings, with several names posting strong quarterly performance while others tempered expectations with revised outlooks. For full context, data points referenced include first-quarter and full-year guidance, with consensus estimates sourced from FactSet and LSEG where noted.
Source attribution: According to CNBC and market data provider notes, after-hours trading highlighted notable moves across Booking Holdings, Mondelez, Starbucks, Visa, NXP Semiconductors, Seagate, and others, reflecting a mix of beat and raise stories versus guidance cuts or misses.
In the near term, investors will be watching for additional earnings releases and any updates to forward guidance, especially from consumer, technology, and financial services names as the narrative around growth, margins, and demand evolves.
For ongoing coverage, see how these individual results interact with sector trends and macro data as the reporting season continues.
