After-Hours Stock Movers: Alphabet Falls on Miss, Microsoft Lower Despite Beat

Investing.com2022-10-26

After-Hours Stock Movers:

Skechers USA (NYSE:SKX)11% LOWER; reported Q3 EPS of $0.64, $0.09 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.81 billion. Skechers USA sees FY2022 revenue of $1.73-1.78 billion, versus the consensus of $1.79 billion.

Alphabet (NASDAQ:GOOGL)7% LOWER; reported Q3 EPS of $1.06, $0.22 worse than the analyst estimate of $1.28. Revenue for the quarter came in at $69.09 billion versus the consensus estimate of $71.34 billion.

Texas Instruments (NASDAQ:TXN)6% LOWER; reported Q3 EPS of $2.45, $0.06 better than the analyst estimate of $2.39. Revenue for the quarter came in at $5.24 billion versus the consensus estimate of $5.14 billion. Texas Instruments sees Q4 2022 EPS of $1.83-$2.11, versus the consensus of $2.21. Texas Instruments sees Q4 2022 revenue of $4.4-4.8 billion, versus the consensus of $4.93 billion.

Enphase Energy (NASDAQ:ENPH)5% HIGHER; reported Q3 EPS of $1.25, $0.16 better than the analyst estimate of $1.09. Revenue for the quarter came in at $634.7 million versus the consensus estimate of $614.49 million. Enphase Energy sees Q4 2022 revenue of $680-720 million, versus the consensus of $660 million.

Mattel (NASDAQ:MAT)5% LOWER; reported Q3 EPS of $0.82, $0.07 better than the analyst estimate of $0.75. Revenue for the quarter came in at $1.76 billion versus the consensus estimate of $1.78 billion. Mattel sees FY2022 EPS of $1.32-$1.42, versus prior of $1.42-$1.48 and the consensus of $1.49. Sees net sales up 8-10%

Spotify (NYSE:SPOT)5% LOWER; reported Q3 EPS of (EUR0.99), $0.11 worse than the analyst estimate of (EUR0.88). Revenue for the quarter came in at EUR3.04 billion versus the consensus estimate of EUR3.02 billion.

Meta Platforms, Inc. (META)4% LOWER; falls following Google's results.

Microsoft (NASDAQ:MSFT)3% LOWER; reported Q1 EPS of $2.35, $0.03 better than the analyst estimate of $2.32. Revenue for the quarter came in at $50.1 billion versus the consensus estimate of $49.86 billion.

Teradyne (NASDAQ:TER)2% HIGHER; reported Q3 EPS of $1.15, $0.11 better than the analyst estimate of $1.04. Revenue for the quarter came in at $827 million versus the consensus estimate of $802.22 million. Teradyne sees Q4 2022 EPS of $0.62-$0.86, versus the consensus of $0.72. Teradyne sees Q4 2022 revenue of $670-750 million, versus the consensus of $694.25 million.

Visa (NYSE:V)1% HIGHER; reported Q4 EPS of $1.93, $0.06 better than the analyst estimate of $1.87. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.57 billion. The board of directors increased Visa's quarterly cash dividend 20% to $0.45 per share and authorized a new $12.0B share repurchase program.

Chipotle Mexican Grill (NYSE:CMG)1% LOWER; reported Q3 EPS of $9.51, $0.34 better than the analyst estimate of $9.17. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.23 billion.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • newminted
    2022-10-26
    newminted
    Ok
  • Rjn828
    2022-10-26
    Rjn828
    Very Volatile 
  • Swordmerlin
    2022-10-26
    Swordmerlin
    Ok
  • Success88
    2022-10-26
    Success88
    Thanks 
  • PearlynCSY
    2022-10-26
    PearlynCSY
    U.S. stock futures fell on Tuesday night after disappointing third-quarter results from Alphabet marked a foreboding start to Big Tech earnings this week. Dow Jones Industrial Average futures fell by 75 points, or 0.24%. S&P 500 and Nasdaq 100 futures declined 0.96% and 2.04%, respectively. Shares of Google-parent Alphabet dropped more than 6% in extended trading. The online search giant missed expectations on the top and bottom lines. Alphabet also reported a decline in YouTube ad revenue, which spurred investors to deliberate the outlook for other tech companies that rely on ad spending. “I think we have to take a big picture perspective and recognize that no one’s really immune in this market, there is a slowdown in digital ad spend,” Sand Hill Global Advisors’ Brenda Vingiello said
  • kevinlaisq
    2022-10-26
    kevinlaisq
    Ok
Leave a comment
12