Intel, Snap, Silicon Labs, Boston Beer & extra


Signage for Snap Inc., dad or mum firm of Snapchat, adorns the entrance of the New York Inventory Alternate, March 2, 2017 in New York Metropolis.

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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 steerage that was under analyst expectations. Intel expects earnings per share of $1.05 for the following quarter. Analysts surveyed by Refinitiv had forecast earnings steerage 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 return in at $477 million. Boston Beer additionally reported earnings per share of $5.26, however it was unclear whether or not that was corresponding 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. Nonetheless, It was unclear if outcomes have been corresponding to Refinitiv estimates.

Skechers — The footwear firm’s shares have 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’ll purchase the infrastructure and automotive enterprise of Silicon Labs for $2.75 billion. The deal is anticipated to shut within the third quarter of this yr. Silicon Labs shares rallied greater than 13%.



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