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Ford, ServiceNow, Chipotle are biggest movers in after-hours trading

Check out the companies making headlines after Wednesday’s market close:

Ford Motor — Ford shares tumbled 11% after the company’s second-quarter earnings came in much lower than Wall Street expected due to longtime warranty issues. The automaker posted adjusted earnings per share of 47 cents, significantly less than analysts’ forecast of of 68 cents, per LSEG. Automotive revenue came out at $44.81 billion, slightly higher than the consensus call for $44.02 billion.

ServiceNow — The software company jumped 6%. ServiceNow posted second-quarter adjusted earnings of $3.13 per share on revenue of $2.62 billion. Analysts polled by LSEG called for earnings of $2.84 per share and revenue of $2.61 billion.

Molina Healthcare — The managed care company jumped 13%. Molina reaffirmed its full-year guidance for adjusted earnings of at least $23.50 per share, compared to consensus estimates of $23.09 per share, according to FactSet. Second-quarter results also beat expectations on the top and bottom lines.
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