After-hours movers: Microsoft, Google jump on earnings; Enphase plunges
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After-Hours Stock Movers:
Enphase Energy (NASDAQ: ENPH) 17% LOWER; reported Q1 EPS of $1.37, $0.16 better than the analyst estimate of $1.21. Revenue for the quarter came in at $726 million versus the consensus estimate of $719.28 million. Enphase Energy sees Q2 2023 revenue of $700-750 million, versus the consensus of $773 million.
Pacwest Bancorp (NASDAQ: PACW) 16% HIGHER; reported Q1 EPS of $0.66, $0.05 better than the analyst estimate of $0.61. Total deposits increased $1.1 billion to $28.2 billion at March 31, 2023
Chipotle Mexican Grill (NYSE: CMG) 8% HIGHER; reported Q1 EPS of $10.50, $1.55 better than the analyst estimate of $8.95. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.34 billion.
Microsoft (NASDAQ: MSFT) 5% HIGHER; reported Q3 EPS of $2.45, $0.21 better than the analyst estimate of $2.24. Revenue for the quarter came in at $52.9 billion versus the consensus estimate of $51.12 billion.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOL) 4% HIGHER; reported Q1 EPS of $1.17, $0.09 better than the analyst estimate of $1.08. Revenue for the quarter came in at $69.8 billion versus the consensus estimate of $68.87 billion.
Visa (NYSE: V) 2% HIGHER; reported Q2 EPS of $2.09, $0.10 better than the analyst estimate of $1.99. Revenue for the quarter came in at $8 billion versus the consensus estimate of $7.8 billion.
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