After-hours movers: Meta Platforms, Microsoft, IBM and more

After-hours movers:

Meta Platforms (NASDAQ: META) rose 10% after publishing strong quarterly results and guidance, despite higher capex. Meta Platforms sees Q1 2026 revenue of $53.5-56.5 billion, versus the consensus of $51.27 billion.

Microsoft (NASDAQ: MSFT) fell 4% despite strong EPS and revenue, after spending increased. Diluted earnings per share on a GAAP basis was $5.16 and increased 60%, and on a non-GAAP basis was $4.14 and increased 24% (up 21% in constant currency). Non-GAAP results exclude the impact from investments in OpenAI.

IBM (NYSE: IBM) rose 8% after results beat consensus on the top and bottom line. IBM reported Q4 EPS of $4.52, $0.23 better than the analyst estimate of $4.29. Revenue for the quarter came in at $19.7 billion versus the consensus estimate of $19.22 billion.

ServiceNow (NYSE: NOW) fell 6% despite solid results, amid ongoing concerns about AI impact on future performance. ServiceNow also announced a collaboration with Anthropic to integrate Claude AI models into its platform for application development and business processes

Las Vegas Sands (NYSE: LVS) fell 10% despite beating estimates for Q4 EPS and revenue, due to lackluster Macao results. Macao adjusted property EBITDA was $608 million.

Joby Aviation (NYSE: JOBY) fell 11% after it announced plans for $1 billion stock and convertible notes offerings.

United Rentals (NYSE: URI) fell 6% after reporting disappointing quarterly results. United Rentals reported Q4 EPS of $11.09, $0.69 worse than the analyst estimate of $11.78. Revenue for the quarter came in at $4.21 billion versus the consensus estimate of $4.24 billion.

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