A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood of Brooklyn, New York City.
Michael M. Santiago | Getty Images
Check out which companies are making headlines after trading hours.
the alphabet Alphabet shares jumped nearly 3% even after the company reported quarterly earnings It was lower than analysts’ expectations for revenue and profit.
Energy Enphase Enphase gained more than 6% after the company’s quarterly earnings announcement after the bell. Both earnings per share and earnings for the quarter beat analysts’ estimates for the energy company. Additionally, Enphase said it expects third-quarter revenue in the $590 million to $630 million range, beating expectations of $548.8 million.
Microsoft Microsoft shares rose 5% after The company reported profits Which came in contrary to Wall Street estimates for both income and revenue, but gave rosy guidance. Revenue from Azure and the company’s other cloud services came in lower than the previous quarter.
Texas Instruments Texas Instruments shares jumped about 2% after the company beat earnings expectations. The company’s revenue grew 14% to $5.21 billion in the second quarter from a year ago, more than analysts’ estimates of $4.62 billion, according to Refinitiv data.
Chipotle Chipotle shares jumped more than 8% after the company I reported mixed earnings. While sales declined, profits improved mostly due to higher prices to offset inflation in food, packaging and labor costs. The chain said another price hike is coming in August.
– CNBC’s Sarah Min contributed to the report
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