A Chipotle Mexican Grill sign is seen within the Park Slope neighborhood within the Brooklyn borough of Recent York City.
Michael M. Santiago | Getty Images
Take a look at the businesses making headlines in after hours trading.
Alphabet – Shares of Alphabet jumped nearly 3% even after the corporate reported quarterly earnings that fell in need of analysts’ expectations for revenue and earnings.
Enphase Energy – Enphase gained greater than 6% following the corporate’s quarterly earnings release after the bell. Each earnings per share and revenue for the quarter bested analysts’ estimates for the energy company. As well as, Enphase said it expects third-quarter revenue in a variety of $590 million to $630 million, ahead of expectations of $548.8 million.
Microsoft – Shares of Microsoft slipped lower than 1% after the corporate reported earnings that missed Wall Street’s estimates for each income and revenue. Revenue from Azure, and other cloud services at the corporate, got here in lower than the previous quarter.
Texas Instruments – Shares of Texas Instruments jumped about 2% after the corporate beat earnings expectations. The corporate’s revenue grew 14% to $5.21 billion within the second quarter in comparison with a yr ago, greater than analysts’ estimates of $4.62 billion, in keeping with Refinitiv data.
Chipotle – Shares of Chipotle jumped greater than 8% after the corporate reported mixed earnings. While sales fell, profits improved mostly resulting from price hikes to offset inflation in food, packaging and labor costs. The chain said one other price hike is coming in August.
— CNBC’s Sarah Min contributed reporting