Check out the companies making headlines in after-hours trading: 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 68 cents, per LSEG. Automotive revenue came out at $44.81 billion, slightly higher than the consensus call for $44.02 billion. Chipotle — Shares gained nearly 2%. The burrito chain topped earnings and revenue expectations as it saw higher traffic at its restaurants. Chipotle’s profits also rose from the year-ago period due to price hikes that helped offset some of its costs. For the quarterly period, Chipotle reported adjusted earnings of 34 cents per share on revenue of $2.97 billion, while analysts polled by LSEG expected 32 cents per share on $2.94 billion. International Business Machines — IBM’s shares rose 3.8% after its quarterly results exceeded expectations . The company reported adjusted earnings of $2.43 per share on revenue of $15.77 billion for the second quarter. Analysts polled by LSEG had called for earnings of $2.20 per share on revenue of $15.62 billion. IBM expects slightly higher full-year free cash flow than it did in April, and the company also said it is seeing more business tied to generative artificial intelligence. 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. KLA Corporation — The semiconductor manufacturing company gained nearly 3% after releasing a positive fiscal fourth-quarter financial report. KLA reported adjusted earnings of $6.60 per share, higher than analysts’ expectations of $6.15 per share, per LSEG. Revenue came out at $2.57 billion, also exceeding the expected $2.52 billion. The company also guided first-quarter adjusted earnings and revenue numbers higher. Align Technology — Align, which manufactures Invisalign clear aligners, slipped about 9% after releasing disappointing guidance and reporting quarterly revenue that came out slightly below analysts’ expectations. Adjusted earnings were $2.41 per share for the second quarter, while analysts polled by LSEG expected $2.30 per share. Revenue of $1.03 billion for the period just missed the consensus prediction of $1.04 billion. The company said it expects its Clear Aligner volume and Systems and Services revenue to be down due to third-quarter seasonality. Edwards Lifesciences — Shares of the heart valve systems manufacturer slid more than 13%. Adjusted earnings in the second quarter came in just a penny above Street estimates at 70 cents a share, per LSEG. The company sees third-quarter revenue ranging from $1.56 billion to $1.64 billion, while analysts called for $1.62 billion. O’Reilly Automotive — The auto parts retailer dropped nearly 4% as O’Reilly missed expectations in the second quarter. The company posted earnings of $10.55 per share on revenue of $4.27 billion, while analysts called for $10.98 in earnings per share and revenue of $4.32 billion, per FactSet. O’Reilly also issued disappointing earnings per share guidance for the full year. Viking Therapeutics — Shares rose more than 10% after the drug developer revealed that it will advance its experimental obesity treatment, VK2735, to a phase 3 trial. The news, which was disclosed in its second-quarter earnings release, followed discussions with the Food and Drug Administration. An oral version of this drug will begin phase 2 trials in the fourth quarter, the company said. — CNBC’s Darla Mercado and Christina Cheddar-Berk contributed reporting.