Stocks making the biggest moves after hours: Microsoft, Alphabet, Snap, Teladoc and more

9 months ago 53

Visitors are seen astatine Google Headquarters successful Mountain View, California, United States connected May 15, 2023.

Tayfun Coskun | Anadolu Agency | Getty Images

Check retired the companies making headlines aft the bell.

Alphabet — Shares of the Google genitor jumped 7% arsenic investors cheered better-than-expected second- 4th results, lifted by beardown maturation successful unreality sales. The institution posted net of $1.44 per stock connected $74.6 cardinal of revenue. Analysts called for net of $1.34 per share, adjusted, and gross of $72.82 billion, per Refinitiv. Strong maturation successful unreality income lifted results. The institution besides announced that Alphabet CFO Ruth Porat would go the president and main concern officer.

Snap — Snap tumbled 17% aft reporting weak guidance for its existent quarter. However, the institution posted an adjusted nonaccomplishment of 2 cents a share, compared to statement estimates of a 4 cent nonaccomplishment per share, per Refinitiv. Revenue came successful astatine $1.07 billion, higher than the $1.05 cardinal expected by analysts.

Microsoft — The large exertion banal slid astir 1% aft reporting slowing gross growth successful its unreality concern successful the fiscal 4th quarter. Still, the institution posted net of $2.69 per share, compared to the $2.55 per stock anticipated by analysts, per Refinitiv. Microsoft reported $56.19 cardinal successful revenue, beating estimates of $55.47 billion.

Wells Fargo — Shares of the slope jumped 3% successful extended trading aft Wells Fargo announced a $30 cardinal stock buyback program.

Texas Instruments — Texas Instruments fell 3.7%. The institution said to expect betwixt $1.68 and $1.92 successful net per stock for the existent quarter, putting overmuch of the scope beneath the $1.91 statement estimation of analysts polled by FactSet. Texas Instruments guided gross for the 4th to travel successful betwixt $4.36 cardinal and $4.74 billion, a scope that includes analysts' statement estimation of $4.59 billion, per FactSet.

Intuitive Machines — The abstraction exploration banal precocious 1% aft the institution was designated portion of an grant from NASA to assistance successful the improvement of lunar nighttime technology.

Robert Half — Shares dropped 12.7% aft the employment bureau missed expectations for earnings. Management said the institution was affected by clients' elongated hiring cycles. The institution posted $1 successful net per stock connected $1.64 cardinal successful revenue, portion analysts polled by Refinitiv expected $1.14 per stock successful net and gross of $1.69 billion.

Teladoc — The virtual wellness attraction banal rallied 6% pursuing a better-than-expected net report. Teladoc said it mislaid 40 cents per stock successful its 2nd quarter, beating analysts' estimates for a 41 cent nonaccomplishment per share, per Refinitiv. The institution besides bushed expectations for revenue, posting $652 cardinal against a statement estimation of $649 million.

Read Entire Article