After-hours movers: Alphabet, AMD, Snap, Chipotle and more
After-hours movers:
Alphabet (NASDAQ: GOOGL) fell 7% after it reported revenue that missed estimates and it said it would spend $75 billion on capex in 2025. Consolidated Alphabet revenues in Q4 2024 increased 12% year over year to $96.5 billion, below the estimate of $96.62 billion. Estimated capex was $57.9 billion for 2025.
Snap (NYSE: SNAP) rose 12% after its fourth quarter EPS beat estimates. Revenue was $1,557 million, compared to $1,361 million in the prior year, an increase of 14% year-over-year.
AMD (NASDAQ: AMD) fell 3.5% despite reporting results that topped estimates, after it issued guidance that was about in-line with estimates. AMD sees Q1 2025 revenue of $6.8-7.4 billion, versus the consensus of $7.04 billion.
Lumen Technologies (NYSE: LUMN) rose 8% after it beat estimates on the top and bottom line.
Chipotle Mexican Grill (NYSE: CMG) fell 4% after its fourth quarter comparable sales missed the estimate, coming in at 5.4% vs 5.67% expected. Total revenue increased 13.1% to $2.8 billion
Enphase Energy (NASDAQ: ENPH) rose 8% after results for its fourth quarter beat estimates and it issued strong guidance. Full year revenue is expected to be within a range of $340.0 million to $380.0 million, which includes shipments of 150 to 170 megawatt hours of IQ Batteries.