Amazon.com, Inc. (AMZN) shares are climbing, up $52.14, or 10.60%, to $616.05 in after-hours trading on Thursday following the release of the company’s third quarter earnings results.
The Seatlle, Wa.-based e-commerce giant posted Q3 earnings of $0.17 per share, ahead of the ($0.13) per share analysts were expecting.
Revenue for the period increased 23.20% to $25.36 billion from $20.58 billion the previous year, beating analysts $24.91 billion expectations for the period.
Looking ahead, the e-commerce giant said it sees Q415 revenues between $33.5 billion to $36.75 billion, as compared to analysts’ expectations of $35.15 billion.
Alphabet Inc. (GOOG) reported third quarter EPS of $7.35 after the closing bell Thursday, compared to the consensus estimate of $7.21. Revenues increased 13% from last year to $18.68 billion. Analysts expected revenues of $18.42 billion.
Alphabet said ad revenue for its owned properties in the quarter rose 16% YoY to $13.09 billion. The “traffic acquisition cost” for those ads increased 7% to $3.56 billion. The company saw its aggregate paid clicks grow 23% yoy. Analysts had only expected 18.6 percent growth.
“Our Q3 results show the strength of Google’s business, particularly in mobile search. With six products now having more than 1 billion users globally, we’re excited about the opportunities ahead of Google, and across Alphabet,” Ruth Porat, CFO of Alphabet and Google, said in the company’s results announcement.
Alphabet stock is currently up $69.21 to $721.00 on 3.7 million shares.
Microsoft Corporation (MSFT) rallied $3.66 to $51.69 in after-hours trading after it reported fiscal-third quarter earnings.
The software giant handed in adjusted earnings of $0.67 per share on revenue of $21.66 billion, beating Wall Street estimates of $0.59 per share on revenue of $21.04 billion. Net income came in at $4.6 billion, or $0.57 per share, above $4.5 billion, or $0.54 per share in the year-earlier period.
Microsoft said it returned $6.9 billion to shareholders in the form of share repurchases and dividends during the quarter.
MSFT currently prints a one year return of about 8% and a year-to-date return of 3.68%.
Juniper Networks, Inc. (JNPR) gained $0.29 to $30.05 in after-hours trading after it reported fiscal results for the third quarter.
In its quarterly report, the computer network equipment maker said it earned $0.57 per share, well above the $0.53 per share analysts were expecting. Revenue rose 10.9% yoy to $1.25 billion, above views for $1.23 billion.
For the current quarter, JNPR provided EPS guidance of $0.57 – $0.60 versus consensus of $0.57 per share. The $11.44 billion Sunnyvale, Calif.-based company also issued revenue projection of $1.27 – $1.31 billion, compared to the consensus revenue estimate of $1.28 billion.
Juniper Networks is up 50.07% year-over-year, compared with a 4.77% gain in the S&P 500.
Shares of AT&T, Inc. (T) were up $0.65 to $34.61 in after-hours following the company’s release of its earnings results on Thursday. The telecommunications firm reported Q3’15 EPS of $0.74 per share vs. $0.69 consensus. Revenue came in at $39.10 billion, up 18.6% from a year ago, but did not meet Street forecasts of $41.02 billion.
AT&T said it expects full-year EPS in the range of $2.68 – $2.74 per share versus consensus of $2.64 per share.