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Big Earnings Numbers Late Thursday: GOOGL, MSFT, INTC, SBUX, PYPL

Plenty of after-market earnings reports from industry bellwethers cross the tape Thursday. Tech giants like Alphabet GOOGL , Microsoft MSFT , Intel INTC as well as Starbucks SBUX and PayPal PYPL have all put out quarterly earnings and sales totals.

Search engine king Alphabet posted mixed results for its Q4 earnings and revenues, beating on the top line but missing on the bottom. Quarterly sales of $21,216 million (accounting for traffic acquisition costs, or TAC) beat the $20.58 billion expected, while earnings per share of $7.56 (accounting for stock-based compensation, along with other BNRI) missed the Zacks consensus by 9 cents per share.

Aggregate paid clicks outperformed expectations in the quarter, while cost per click fell more than expected. For more on GOOGL earnings, click here .

Software major Microsoft put up a beat on both earnings and revenues in its fiscal Q2 2017, with 83 cents per share topping the 79 cents expected, on $26.07 billion in sales, higher than the $25.21 in the Zacks consensus. Revenue productivity jumped more than 10% in the quarter, partly on excellent growth in its Azure unit, which was up 93%. Microsoft will provide guidance in its upcoming conference call.

Intel beat on both top and bottom lines late Thursday, reporting 79 cents per share -- representing a 4-cent beat -- on $16.37 billion in revenues, better than the $15.76 billion in the Zacks consensus estimate. Gross margins came in-line and guidance for Q1 rose a bit higher. Despite this, Intel shares sold off upon the news, which may have something to do with the stock bumping up against all-time highs earlier this week. For more on INTC earnings, click here .

Starbucks, in addition to posting its fiscal Q1 2017 results after the bell, also marks its final quarter with CEO Howard Schultz at the helm. Results for the company just met estimates of 52 cents per share, while missing revenue expectations in the quarter by posting $5.73 billion. Comp store sales growth of 3% was also lower than analyst estimates, as well as the lowest increase in 8 years. For more on SBUX earnings, click here .

Finally, PayPal beat estimates on both top and bottom lines with 42 cents per share easily topping the 34 cents expected on revenues of $2.98 billion, higher than the Zacks consensus by roughly $10 million. The number of transactions in the quarter was also higher than expected, while volumes were actually $2 billion below. Guidance seems to be growing more conservative as well, which has led to the after-market sell-off.

Click here for Zacks Director or Research Sheraz Mian's latest Earnings Trends Report: 3 Takeaways from Q4 Earnings Season

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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