After-hours movers: Alphabet, AMD, Snap, Chipotle and more

Published 05/02/2025, 08:42 am
© Reuters.

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 (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 (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.

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