Check out the businesses making headlines after the bell : Alphabet – Shares soared about 15% in prolonged buying and selling after first-quarter earnings of $1.89 per share beat analysts’ estimates of $1.51 per share, in response to LSEG, and revenues of $80.54 billion exceeded expectations of $78.59 billion. The search big operator additionally licensed its first ever dividend, in addition to a $70 billion buyback . Microsoft – The tech big noticed shares climb 4.5% in prolonged buying and selling after the software program maker posted fiscal third-quarter outcomes that surpassed Wall Street’s expectations. Snap – Shares soared greater than 27% in afterhours buying and selling after the social media agency reported first-quarter outcomes that beat analysts’ estimates. Revenue elevated 21% to $1.19 billion, primarily pushed by enhancements within the firm’s promoting platform. Intel – The tech inventory slid 8% in prolonged buying and selling after the corporate missed expectations for first-quarter gross sales and gave a weak forecast for the present quarter. Intel reported earnings that beat Wall Street expectations, nonetheless. Dexcom – The producer of glucose monitoring techniques fell 8%, at the same time as the corporate posted beats on the highest and backside traces. Dexcom reported adjusted earnings of 32 cents per share on income of $921 million in income. Analysts polled by FactSet anticipated 27 cents per share in earnings and $909.9 million of income. Gilead Sciences – The biotech inventory jumped virtually 3% after a better-than-feared quarterly report. Gilead posted a lack of $1.32 per share, narrower than a lack of $1.49 per share anticipated by analysts polled by LSEG. Revenue of $6.69 billion additionally got here in above expectations. Skechers – The shoe firm superior greater than 7%. Skechers reported first-quarter earnings of $1.33 per share and income of $2.25 billion. Those outcomes surpassed the earnings of $1.10 per share and $2.2 billion in income anticipated by analysts polled by LSEG. L3Harris Technologies – Shares rose practically 2% after the aerospace and protection firm handed in a stronger-than-expected report. L3Harris posted an adjusted EPS of $3.06 and surpassed consensus estimates of $2.90 per share, per LSEG. Revenue of $5.21 billion additionally got here in larger than an estimate of $5.11 billion. — CNBC’s Tanaya Macheel and Darla Mercado contributed reporting.
https://www.cnbc.com/2024/04/25/stocks-making-the-biggest-moves-after-hours-googl-msft-snap-intc.html
