Individuals put on protecting face masks outdoors Starbucks in midtown as the town strikes into Part 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York Metropolis.
Noam Galai | Getty Photos
Try the businesses making headlines after the bell on Tuesday:
Microsoft — Shares of the expertise large slipped 3.5% despite the company posting third-quarter results that topped analyst expectations. Microsoft posted earnings per share of $1.95 on income of $41.71 billion. Analysts polled by Refinitiv anticipated earnings per share of $1.78 on income of $41.03 billion.
Alphabet — The expertise titan’s inventory rose 4.8% after the corporate posted first-quarter outcomes that topped analyst expectations. Google’s parent company posted earnings per share of $26.29 on income of $55.31 billion. Analysts polled by Refinitiv anticipated earnings per share of $15.82 on income of $51.70 billion.
Visa – Shares of the monetary companies large ticked up 2.2% after the corporate reported better-than-expected outcomes for its fiscal second quarter. Visa reported earnings per share of $1.38 on income of $5.73 billion. Analysts surveyed by Refinitiv anticipated earnings per share of $1.27 on income of $5.55 billion.
Starbucks — The espresso firm’s inventory fell 1.5% after the corporate launched mixed fiscal second-quarter results. Starbucks reported earnings per share of 62 cents on income of $6.67 billion. Analysts surveyed by Refinitiv predicted earnings per share of 53 cents on income of $6.82 billion.
Pinterest – Pinterest shares plunged 10.3% after the social firm missed on consumer development expectations for its first quarter. Pinterest reported 478 million monthly active users. Analysts surveyed by FactSet anticipated 480.5 million month-to-month energetic customers.
AMD — The semiconductor firm’s inventory climbed 3.3% on the again of better-than-expected outcomes for the primary quarter. AMD logged earnings per share of 52 cents on income of $3.45 billion. Analysts polled by Refinitiv anticipated earnings per share of 44 cents on income of $3.21 billion.
Mondelez International – Shares of the snack meals firm gained 3.9% on the again of first-quarter outcomes that topped analyst expectations. Mondelez posted earnings per share of 77 cents on income of $7.24 billion. Analysts surveyed by Refinitiv predicted earnings per share of 69 cents on income of $7.02 billion.