Test out the companies making headlines in advance of the bell: Microsoft — Shares obtained 4% soon after the tech huge claimed fiscal third-quarter benefits that topped expectations as its Azure business enterprise ongoing to exhibit momentum. Alphabet — The tech behemoth surged extra than 11%. Alphabet posted initially-quarter outcomes that topped estimates and issued its very first-at any time dividend, as effectively as a $70 billion buyback. Earnings of $1.89 for every share topped the $1.51 in earnings for each share expected by analysts polled by LSEG. Profits of $80.54 billion topped expectations of $78.59 billion. Snap — The social media stock surged 22% immediately after Snap’s 1st-quarter effects exceeded expectations. Profits rose 21% to $1.19 billion, spurred by improvements in the company’s promotion system. Intel — Shares dropped extra than 8% as traders weighed the chipmaker’s initial-quarter economic outcomes . Although Intel’s modified earnings for every share of 18 cents conquer estimates by 4 cents, in accordance to LSEG, the corporation arrived up light-weight in revenue, putting up $12.72 billion compared to $12.78 billion predicted. Intel gave a weak forecast for the existing quarter. Exxon Mobil — Shares dipped practically 2% right after the oil giant’s very first-quarter earnings of $2.06 per share skipped the LSEG consensus estimate of $2.20 for each share. Profits of $83.08 billion topped estimates of $78.35 billion. Chevron — Shares dipped .4% immediately after Chevron’s 1st-quarter revenue of $48.72 billion skipped the $50.66 billion predicted by analysts polled by LSEG. Otherwise, Chevron’s earnings of $2.93 per share topped the consensus estimate of $2.87 in earnings for every share. AutoNation — Shares obtained about 1% immediately after AutoNation posted 1st-quarter earnings of $4.49 for each share, surpassing the LSEG consensus estimate of $4.27 in earnings for each share. Income of $6.49 billion skipped the estimate of $6.5 billion. AbbVie — The wellbeing-treatment stock rose extra than 1% following a first-quarter report that topped anticipations. AbbVie claimed $2.31 in altered earnings per share on $12.31 billion of income. Analysts surveyed by LSEG were seeking for $2.23 in earnings per share on $11.92 billion of profits. The business also raised its entire-calendar year earnings forecast. Colgate-Palmolive — Shares rose about 1% immediately after the consumer products company’s quarterly outcomes topped expectations. Altered earnings for each share came in at 86 cents, as opposed to the 81 cents envisioned from analysts polled by LSEG. Earnings was $5.07 billion, vs . the consensus estimate of $4.96 billion. Skechers — Shares jumped extra than 10% following the footwear firm posted very first-quarter final results that beat anticipations. Skechers posted earnings of $1.33 per share and earnings of $2.25 billion. That topped the earnings of $1.10 for each share and $2.2 billion in income expected by analysts polled by LSEG. DexCom — Shares dropped about 5% following the maker of glucose checking techniques defeat its most up-to-date quarterly anticipations on the top and base traces. DexCom claimed altered earnings of 32 cents for each share on earnings of $921 million in earnings. Analysts polled by FactSet expected earnings of 27 cents for every share on income of $909.9 million. Charter Communications — The broadband and cable company dropped 3.4% soon after to start with-quarter earnings came in weaker than anticipated. Constitution gained $7.55 per share on $13.68 billion in earnings, less than the respective estimates of $7.92 a share and $13.74 billion from analysts surveyed by LSEG. — CNBC’s Michelle Fox, Alex Harring, Tanaya Macheel and Jesse Pound contributed reporting.
