Stocks making the biggest moves after hours: GOOGL, MSFT, AMZN, META
Check out the companies making headlines after the bell : Alphabet — Shares added almost 7% after the tech titan posted first-quarter revenue of $109.9 billion, beating the $107.2 billion analysts polled by LSEG had expected. Google cloud revenue surged 63% from a year earlier to $20.02 billion last quarter, while analysts had penciled in $18.05 billion, per StreetAccount. Microsoft — The “Magnificent Seven” stock shed 2%. Microsoft reported $31.9 billion in capital expenditures and finance leases for its fiscal third quarter, below the $34.9 billion consensus among analysts polled by Visible Alpha. However, the company posted an earnings and revenue beat in its last quarter. Amazon — Shares fell 2% after the company reported first-quarter results that were above estimates. The online retailer and cloud giant reported earnings of $2.78 per share and $181.52 billion in revenue, compared to expectations for $1.64 in earnings per share and $177.3 billion in revenue, according to LSEG. Guidance came in line as well, but capital expenditures totaled $44.2 billion, slightly higher than expectations of $43.39 billion, according to StreetAccount. Meta Platforms — The Facebook parent dropped 6% after the company’s capital expenditures for the first quarter came in at $19.84 billion. That’s below a StreetAccount forecast of $27.57 billion. Its user growth numbers also missed expectations Meta did, however, hike its full-year capital expenditures guidance to a range of $125 billion to $145 billion. The company also posted a first-quarter revenue beat. Qualcomm — The chip manufacturer surged 12% after adjusted earnings surpassed expectations. Second quarter profit came in at $2.65 per share on an adjusted basis, versus the LSEG consensus of $2.56 per share. Carvana — The online used car marketplace popped more than 8%. Carvana said that it sees a “sequential increase” in retail units sold and adjusted EBITDA in the second quarter, leading to company records on both metrics. In the first quarter, retail unit sales came in at 187,393 versus the 182,394 StreetAccount consensus estimate. Ford Motor — The car manufacturer were little changed. Ford raised its 2026 guidance , calling for adjusted earnings before interest and taxes of $8.5 billion to $10.5 billion. First-quarter revenue of $39.82 billion also topped the LSEG consensus estimate of $38.82 billion. KLA Corp — The maker of wafer fabrication equipment fell 8%. KLA’s fourth-quarter guidance failed to impress Wall Street, as the company called for adjusted earnings of $8.87 to $10.87 per share, compared to the LSEG consensus of $9.80 per share. Revenue is expected to land at $3.575 billion at the midpoint, versus the Street’s estimate of $3.536 billion. Chipotle Mexican Grill — The burrito chain’s stock rose more than 4% after Chipotle posted a 0.5% gain in same-store sales during the first quarter. Analysts had anticipated the key metric would fall 0.7% during the period, per FactSet. Sprouts Farmers Market — The gourmet grocery chain popped 3.8% after posting a first-quarter earnings and revenue beat versus FactSet estimates. Sprouts also raised its full-year 2026 earnings guidance to a range of $5.32 to $5.48 per share, above prior estimates of between $5.28 to $5.44 per share. Teladoc Health — Shares slipped 7% after the telemedicine and virtual healthcare company posted a loss of 36 cents per share, wider than the 34-cent loss analysts polled by FactSet had expected. However, the company did post a first-quarter revenue beat. O’Reilly Automotive — The auto parts retailer rallied almost 6% after reporting a first-quarter earnings and revenue beat. The company also now sees its full-year earnings guidance coming in above previous estimates. Equinix — The data center stock fell 5%. Although Equinix raised its 2026 forecast, analysts had anticipated more robust growth. The company expects revenue this year to be between $10.144 billion and $10.244 billion, up from an earlier estimate of $10.123 billion to $10.223 billion. However, the analysts’ consensus was near the top end of that range, according to FactSet. Equinix expects adjusted funds from operations of $42.31 to $43.11 up from a prior estimate of $41.93 to $42.74 per share. Analysts had expected $42.52 per share, on average. C.H. Robinson Worldwide — The logistics stock added 2% after posting adjusted first-quarter earnings of $1.35 per share, exceeding the $1.23 per share analysts polled by FactSet were looking for. However, the company’s $4.01 billion revenue came in under the $4.05 billion forecast. Wyndham Hotels & Resorts — The hospitality stock popped nearly 4% after Wyndham reported first-quarter adjusted earnings of 96 cents per share on revenue of $327 million. Analysts surveyed by FactSet had anticipated earnings of 86 cents a share and $322 million in revenue. — CNBC’s Christina Cheddar Berk, Davis Giangiulio, Alex Harring, Fred Imbert and Darla Mercado contributed reporting.
Post Comment