An Amazon employee walks past his Amazon Prime van on February 19, 2022 in Washington, DC.
Stefani Reynolds | Episode | Getty Images
See the companies making headlines in extended trading.
Amazon — Shares rose nearly 2% after the company gained at both highs and lows. Amazon posted earnings of 98 cents per share on revenue of $143.31 billion. Analysts polled by LSEG had forecast earnings of 83 cents per share on revenue of $142.5 billion. The Advertising and Amazon Web Services segments also exceeded expectations. However, the company's revenue forecast for the second quarter was shy.
Starbucks – Shares fell nearly 10% in extended trading after the coffee chain missed expectations for the second quarter of the fiscal year on both the top and bottom lines. Starbucks earned 68 cents per share on revenue of $8.56 billion, missing analysts' forecasts surveyed by LSEG of 79 cents per share for earnings and $9.13 billion for revenue.
Advanced micro devices – The chip business fell more than 7% after gaming segment revenue reached $922 million for the first quarter, down 48% year over year. Total revenue slightly exceeded Street expectations at $5.47 billion, versus the consensus estimate of $5.46 billion per LSEG. It expects revenue for the current quarter in line with analyst forecasts of $5.70 billion.
Pinterest — Shares rose nearly 19% after a first-quarter profit and revenue decline. Pinterest reported adjusted earnings of 20 cents per share, beating expectations of 13 cents per share, according to LSEG. Sales growth also accelerated in the quarter.
Super microcomputer — Shares fell nearly 8% after Super Micro Computer posted third-quarter revenue of $3.85 billion, missing the consensus estimate of $3.95 billion, according to LSEG. Adjusted earnings per share of $6.65 beat the per share estimate of $5.78. The company also issued strong fourth-quarter revenue guidance.
Chesapeake Energy — Shares were little changed after the natural gas producer posted a disappointing profit of 56 cents per share, excluding items. The results missed the FactSet consensus estimate of 59 cents per share.
Caesars Entertainment — The casino share lost about 3% due to disappointing first quarter results. Caesars reported a wider-than-expected loss of 73 cents per share, while analysts had estimated a loss of 7 cents per share based on LSEG data. Revenue also fell short of forecasts, coming in at $2.74 billion, compared to consensus expectations of $2.84 billion.
Mondelez International — Shares of the snack company fell more than 1% despite announcing better-than-expected first-quarter results. Mondelez posted adjusted earnings of 95 cents per share on revenue of $9.29 billion. Analyst estimates expected earnings of 89 cents per share and revenue of $9.16 billion, according to LSEG data. However, management said it expects currency translations to reduce net sales growth by about 1.5% this year.
Diamondback energy – The oil and gas company posted earnings of $4.50 per share, excluding items, which beat analyst estimates for the first quarter by 4 cents per share, according to FactSet. Revenue came in at $2.23 billion, exceeding expectations of $2.10 billion. Shares were down 1% after hours.
Clorox — The consumer goods business fell 3%. According to LSEG, fiscal third quarter revenue came in at $1.81 billion, missing estimates of $1.87 billion.
– CNBC's Sarah Min, Brian Evans, Alex Harring, Darla Mercado and Tanaya Macheel contributed reporting