Signage for Snap Inc., guardian company of Snapchat, adorns the front of the Serene York Stock Commerce, March 2, 2017 in Serene York Metropolis.
Take a look at out the companies making headlines after the bell on Thursday:
Intel — Shares of the semiconductor chip manufacturer slipped 1.7% after Intel issued 2d-quarter earnings guidance that became once below analyst expectations. Intel expects earnings per fragment of $1.05 for the next quarter. Analysts surveyed by Refinitiv had forecast earnings guidance of $1.09 per fragment.
Mattel — The toy manufacturer’s stock rose 8.6% after the company released greater-than-anticipated first-quarter outcomes. Mattel reported losses per fragment of 10 cents on income of $874 million. Analysts polled by Refinitiv anticipated the company to lose 35 cents per fragment on income of $684 million.
Snap — Shares of the social media company ticked up 4.9% on first-quarter outcomes that topped analyst expectations. Snap broke even on the bottom line whereas posting a income of $770 million. Analysts surveyed by Refinitiv had forecast an absence of 6 cents per fragment on income of $744 million.
Boston Beer — The beer company’s shares popped 8.4% after the company reported a stronger-than-forecast quarterly income. Boston beer reported income of $545 million. Analysts polled by Refinitiv anticipated sales to reach in at $477 million. Boston Beer also reported earnings per fragment of $5.26, however it without a doubt became once unclear whether that became once associated to a forecast of $2.61 per fragment.
World Wrestling Entertainment — WWE shares rose 3.2% after the skilled wrestling entertainment company released its most up-to-date quarterly outcomes. The corporate earned 51 cents per fragment on income of $263.5 million. Nevertheless, It became once unclear if outcomes were associated to Refinitiv estimates.
Skechers — The footwear company’s shares were up 8.4% after the company posted first-quarter outcomes that beat analyst estimates. Skechers posted earnings per fragment of 68 cents on income of $1.43 billion. Analysts polled by Refinitiv anticipated earnings per fragment of 46 cents on income of $1.34 billion.
Skyworks Choices, Silicon Labs — Shares of the semiconductor manufacturer rose 4% after the company announced this will effect the infrastructure and automotive industry of Silicon Labs for $2.75 billion. The deal is anticipated to shut in the third quarter of this 365 days. Silicon Labs shares rallied greater than 13%.