Amazon CEO Jeff Bezos
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Check out the companies that make headlines by ringtone:
Amazon – The retailer’s shares rose 1% in trading after the program, following quarterly results that exceeded analysts’ expectations. Amazon reported earnings per share of $ 14.09 on revenue of $ 125.56 billion. Analysts surveyed by Refinitiv expected a profit of $ 7.23 per share on revenue of $ 119.7 billion. The company also announced that CEO Jeff Bezos is stepping down, which will take effect later this year.
Alphabet – Alphabet shares rose 6% after the technology giant reported better-than-expected results in the previous quarter. The company reported earnings per share of $ 22.30 on revenue of $ 56.9 billion. Analysts surveyed by Refinitiv expected a profit of $ 15.90 per share on revenue of $ 53.13 billion.
GameStop – The shares of the brick and mortar video game retailer continued to fall on Tuesday in trading after the schedule, on Tuesday, after a 60% decrease in the regular session. Shares have fallen by more than 70% this week as the short-term transaction unfolds.
Chipotle – Shares of the Mexican fast food chain fell 4% in extended transactions on Tuesday, after the company missed analysts’ expectations for its quarterly earnings. Chipotle earned $ 3.48 per share, missing estimates of $ 3.73 per share, according to Refinitiv. Revenue was in line with estimates of $ 1.61 billion.
Electronic Arts – Electronic Arts fell more than 5% in trading hours after the release of its earnings report. Earnings came to 72 cents per share, which was not comparable to the estimates. Electronic Arts generated revenue of $ 2.4 billion, slightly more than the $ 2.39 billion Refinitive forecast.
Amgen – The shares of the biotechnology company ticked 1.5% less in after-hours trading, despite the release of upper and lower quarterly results that exceeded analysts’ estimates. Amgen reported earnings of $ 3.81 per share on revenue of $ 6.63 billion. Wall Street expected earnings of $ 3.39 per share on revenue of $ 6.58 billion, according to Refinitiv.
– with reports from Rich Mendez on CNBC.