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Stocks making the biggest moves after hours: Celsius, Dropbox, Block and more

By CNBC by By CNBC
February 20, 2025
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Check out the companies making headlines after the bell : Booking Holdings — The online travel company jumped 3% after fourth-quarter results surpassed analysts’ expectations. Adjusted earnings came in at $41.55 per share and revenue clocked in at $5.47 billion. Analysts were looking for $36.03 per share in earnings and $5.18 billion in revenue, per LSEG. Akamai Technologies — The cloud computing stock shed more than 6% after the company guided for first-quarter earnings and revenue estimates that were lower than what analysts had expected. In the current quarter, Akamai sees adjusted earnings coming in between $1.54 and $1.59 per share on revenue of $1.00 billion to $1.02 billion. Analysts called for earnings of $1.65 per share on revenue of $1.045 billion, per LSEG. Dropbox — Shares slipped nearly 6%. The cloud storage company said its non-GAAP gross margin came in at 83.1% in the fourth quarter, in line with analysts’ expectations, per StreetAccount. Dropbox reported adjusted earnings and revenue that beat Wall Street’s forecasts, however. Rivian Automotive — Shares of the electric vehicle maker advanced more than 3%. Rivian posted an adjusted loss of 46 cents per share in the fourth quarter, narrower than the loss of 65 cents per share that analysts sought, per LSEG. Revenue also beat expectations, landing at $1.73 billion, versus Wall Street’s estimate of $1.40 billion. Rivian anticipates fewer deliveries in 2025 compared to last year. Block — The fintech stock dipped 6% after Block reported fourth-quarter adjusted earnings of 71 cents per share on $6.03 billion in revenue. This missed analysts’ expectations for earnings of 87 cents per share on revenue of $6.29 billion, per LSEG. Sprouts Farmers Market — Shares slipped 2% despite the organic supermarket chain posting a fourth-quarter earnings and revenue beat. Sprouts also forecast first-quarter and full-year earnings that were above LSEG consensus estimates. Insulet — Shares shed 6%. The manufacturer of insulin delivery systems called for first-quarter revenue growth of 22% to 25%, encompassing analysts’ estimate of 23.1%, per FactSet. Fourth-quarter results beat expectations on the top and bottom lines, however. Celsius Holdings — The energy drink company surged 28% in extended trading. Celsius posted adjusted earnings of 14 cents per share on revenue of $332 million in the fourth quarter, topping analysts’ expectations for 11 cents in earnings per share and $326 million in revenue, per LSEG. The company also said it entered an agreement to acquire Alani Nutrition in a cash and stock deal. Copart — The used car auction stock added 1% after Copart posted fiscal second-quarter earnings of 40 cents per share, exceeding the 37 cents per share analysts polled by FactSet had expected. Copart’s revenue of $1.16 billion for the quarter was also above the estimated $1.13 billion. — CNBC’s Darla Mercado contributed reporting. Correction: An earlier version misstated the quarterly reporting period for Copart.



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Tags: Akamai Technologies IncBlock IncBooking Holdings IncBreaking newsBreaking News: Marketsbusiness newsCelsius Holdings IncCopart IncDropbox IncEarningsInsulet CorpMarket InsiderMarketsregwall-marketmoversRivian Automotive IncSprouts Farmers Market IncWall Street
By CNBC

By CNBC

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