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Headline : Stocks making the biggest moves after hours: Alphabet, Tesla, Visa and more

Read more from the original article on here at www.cnbc.com.






Tags : #stocks #making #biggest #moves #hours #alphabet #tesla #visa


No. of Paragraph 16

Check out the companies making headlines in extended trading:

Alphabet รขย€ย” The tech giant slipped 1% despite a beat on both top and bottom lines in the second quarter. Alphabet earned $1.89 per share on $84.74 billion in revenue. Consensus estimates had called for earnings of $1.84 per share on $84.19 billion in revenue. However, revenue at its YouTube advertising segment missed forecasts.

Tesla รขย€ย” Shares of the electric vehicle maker declined 4.7% after second-quarter earnings missed consensus estimates. Tesla reported adjusted earnings per share at 52 cents, while analysts surveyed by LSEG had called for 62 cents per share. On the other hand, the company posted $25.5 billion in quarterly revenue, which was slightly higher than the $24.77 billion estimated by the Street.ร‚ย 

Visa รขย€ย” Shares slipped more than 2% after the company posted a revenue miss in its fiscal third quarter. Visa reported $8.9 billion in revenue, which came in slightly below the $8.92 billion forecast by analysts polled by LSEG. Meanwhile, payments volume rose 7% in the quarter.ร‚ย 

Read more from the original article on here at www.cnbc.com.


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