A Chipotle Mexican Grill signal is seen within the Park Slope neighborhood within the Brooklyn borough of New York City.
Michael M. Santiago | Getty Images
Check out the businesses making headlines in after hours buying and selling.
Alphabet – Shares of Alphabet jumped practically 3% even after the corporate reported quarterly earnings that fell wanting analysts’ expectations for income and earnings.
Enphase Energy – Enphase gained more than 6% following the corporate’s quarterly earnings launch after the bell. Both earnings per share and income for the quarter bested analysts’ estimates for the vitality firm. In addition, Enphase mentioned it expects third-quarter income in a variety of $590 million to $630 million, forward of expectations of $548.8 million.
Microsoft – Shares of Microsoft gained 5% after the corporate reported earnings that missed Wall Street’s estimates for each revenue and income, however gave a rosy steerage. Revenue from Azure, and different cloud companies on the firm, got here in decrease than the earlier quarter.
Texas Instruments – Shares of Texas Instruments jumped about 2% after the corporate beat earnings expectations. The firm’s income grew 14% to $5.21 billion within the second quarter in comparison with a yr in the past, more than analysts’ estimates of $4.62 billion, in keeping with Refinitiv information.
Chipotle – Shares of Chipotle jumped more than 8% after the corporate reported blended earnings. While gross sales fell, earnings improved largely resulting from worth hikes to offset inflation in meals, packaging and labor prices. The chain mentioned one other worth hike is coming in August.
— CNBC’s Sarah Min contributed reporting