Lucas Jackson | Reuters
A trader looks at screens while working on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 27, 2017.
Check out which companies are making headlines after the bell on Thursday:
Shares of Starbucks dropped more than 4 percent in extended trade on Thursday after the coffee company reported a revenue miss. In addition, same-stores sales failed to meet Street expectations, up 3 percent versus estimates of up 3.7 percent. Starbucks met second-quarter earnings of 45 cents per share. The company missed on revenue, posting $5.29 billion, while analysts had expected revenue of $5.41 billion.
Amazon shares rose more than 3 percent after the tech giant posted an earnings beat. The Seattle-based company posted first-quarter earnings of $1.48 per share on revenue of $35.71 billion. Analysts estimated earnings of $1.12 per share on revenue of $35.30 billion. Sales in Amazon Web Services rose 42 percent to $3.66 billion, even as Amazon cut prices.
Shares of Intel fell more than 3 percent after a revenue miss. Intel reported first-quarter earnings of 66 cents per share versus EPS expectations of 65 cents. The California-based company posted revenue of $14.80 billion. Analysts polled by Thomson Reuters had expected revenue of $14.81 billion.
Alphabet’s Class A shares are up more than 4 percent after an earnings beat. The search engine giant reported first-quarter earnings of $7.73 per share on revenue of $24.75 billion; expectations were for EPS of $7.39 on revenue of $24.22 billion.