Ford Motor — The automobile stock rose 2% after posting a first-quarter adjusted earnings beat and raising its adjusted free cash flow outlook for 2024.
On the other hand, Ford's first-quarter revenue came in below expectations.
First-quarter revenue of $14.46 billion missed consensus estimates of $14.55 billion, LSEG said.
Chipotle earned $13.37 per share, excluding items, outpacing the $11.68 per share LSEG estimate, as traffic to its restaurants was robust.
United Rentals — The equipment rental company added 2.4% after posting a first-quarter adjusted earnings and revenue beat.
Persons:
LSEG, Ford's, Ethan Allen, Ethan Allen's, Chipotle, Lam, ServiceNow, —, Christina Cheddar, Berk, Darla Mercado, Scott Schnipper
Organizations:
Technology, Facebook, Meta, Ford, Machines, IBM, Whirlpool, Research, Lam Research, Revenue, Churchill, United Rentals