A Starbucks place in New York.
Scott Mlyn | CNBC
Check out the companies making headlines after hours.
Block — The mobile payment forefather jumped 12% after Block reported third-quarter results that beat on the top and bottom lines. Block covered earnings of 42 cents per share on revenue of $4.52 billion. Analysts polled by Refinitiv were forecasting earnings of 23 cents per helping on revenue of $4.49 billion.
PayPal — Shares declined more than 6%. PayPal reported earnings that outshone profit and sales expectations. CEO Dan Schulman announced the company is working with Apple to enhance offerings for PayPal and Venmo traders and consumers.
Carvana — The online used car retailer stock dropped more than 8% after the company researched disappointing third-quarter results on the top and bottom lines, according to consensus estimates from Refinitiv. Carvana said it’s pursuing to decrease expenses given the macro backdrop, and declined to give a 2023 quantitative outlook.
Twilio— Shares tossed 16% after the cloud communications software maker issued a weaker-than-expected revenue forecast for the fourth quarter, ignoring an otherwise strong third-quarter report.
DoorDash — Shares of DoorDash surged 10% after the online food busting company surpassed revenue expectations.
Coinbase — Shares popped 4% in extended trading after reporting better-than-expected alcohol numbers, even as Coinbase reported a miss on profit and sales expectations.
Starbucks — Shares rose 2.3% after the coffee confine reported third-quarter results that topped expectations on the top and bottom lines driven by consumers spending more on their gulp orders.
Expedia — The stock rose 2.7%. Expedia reported a revenue beat in its third-quarter results, while allied with short of earnings per share estimates, according to consensus estimates from Refinitiv.
Warner Bros. Discovery — The family dipped 5% after Warner Bros. Discovery reported third-quarter revenue that missed analysts’ surmises, citing a tougher backdrop for advertising and elevated costs from its restructuring.