Signage for Snap Inc., mum or dad firm of Snapchat, adorns the entrance of the New York Inventory Change, March 2, 2017 in New York Metropolis.
Try the businesses making headlines after the bell on Thursday:
Intel — Shares of the semiconductor chip producer slipped 1.7% after Intel issued second-quarter earnings steering that was beneath analyst expectations. Intel expects earnings per share of $1.05 for the subsequent quarter. Analysts surveyed by Refinitiv had forecast earnings steering of $1.09 per share.
Mattel — The toy producer’s inventory rose 8.6% after the corporate launched better-than-expected first-quarter outcomes. Mattel reported losses per share of 10 cents on income of $874 million. Analysts polled by Refinitiv anticipated the corporate to lose 35 cents per share on income of $684 million.
Snap — Shares of the social media firm ticked up 4.9% on first-quarter outcomes that topped analyst expectations. Snap broke even on the underside line whereas posting a income of $770 million. Analysts surveyed by Refinitiv had forecast a lack of 6 cents per share on income of $744 million.
Boston Beer — The beer firm’s shares popped 8.4% after the corporate reported a stronger-than-forecast quarterly income. Boston beer reported income of $545 million. Analysts polled by Refinitiv anticipated gross sales to come back in at $477 million. Boston Beer additionally reported earnings per share of $5.26, nevertheless it was unclear whether or not that was akin to a forecast of $2.61 per share.
World Wrestling Leisure — WWE shares rose 3.2% after the skilled wrestling leisure firm launched its newest quarterly outcomes. The corporate earned 51 cents per share on income of $263.5 million. Nevertheless, It was unclear if outcomes had been akin to Refinitiv estimates.
Skechers — The footwear firm’s shares had been up 8.4% after the corporate posted first-quarter outcomes that beat analyst estimates. Skechers posted earnings per share of 68 cents on income of $1.43 billion. Analysts polled by Refinitiv anticipated earnings per share of 46 cents on income of $1.34 billion.
Skyworks Options, Silicon Labs — Shares of the semiconductor producer rose 4% after the corporate introduced it can purchase the infrastructure and automotive enterprise of Silicon Labs for $2.75 billion. The deal is predicted to shut within the third quarter of this yr. Silicon Labs shares rallied greater than 13%.
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