After-Hours Stock Movers:
Cloudflare (NYSE:NET) 22% LOWER; reported Q1 EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $290.2 million versus the consensus estimate of $290.8M. Cloudflare sees Q2 2023 EPS of $0.07-$0.08, versus the consensus of $0.03. Cloudflare sees Q2 2023 revenue of $305-306M, versus the consensus of $319M. Cloudflare sees FY2023 EPS of $0.34-$0.35, versus the consensus of $0.16. Cloudflare sees FY2023 revenue of $1.28-1.284M, versus the consensus of $1.33M.
Snap (NYSE:SNAP) 19% LOWER; reported Q1 EPS of $0.01, $0.24 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $988.6M versus the consensus estimate of $1.01 billion. SNAP is not providing formal guidance for revenue or adjusted EBITDA for the second quarter of 2023.
Amazon (NASDAQ:AMZN) 8% HIGHER; reported Q1 EPS of $0.31, $0.10 better than the analyst estimate of $0.21. Revenue for the quarter came in at $127.4B versus the consensus estimate of $124.55B. Amazon sees Q2 2023 revenue of $127-133B, versus the consensus of $129.8B.
First Solar (NASDAQ:FSLR) 6% LOWER; reported Q1 EPS of $0.40, $0.61 worse than the analyst estimate of $1.01. Revenue for the quarter came in at $548M versus the consensus estimate of $716.79M. First Solar sees FY2023 revenue of $3.4-3.6M, versus the consensus of $3.21M.
Capital One Financial (NYSE:COF) 3% LOWER; reported Q1 EPS of $2.31, $1.56 worse than the analyst estimate of $3.87. Revenue for the quarter came in at $8.9B versus the consensus estimate of $9.06B.
Mondelez (NASDAQ:MDLZ) 2% HIGHER; reported Q1 EPS of $0.89, $0.09 better than the analyst estimate of $0.80. Revenue for the quarter came in at $9.17B versus the consensus estimate of $8.44B. Raises its outlook.
Amgen (NASDAQ:AMGN) 2% LOWER; reported Q1 EPS of $3.98, $0.16 better than the analyst estimate of $3.82. Revenue for the quarter came in at $6.1B versus the consensus estimate of $6.12B. Amgen sees Q2 2023 EPS of $17.60-$18.70, versus the consensus of $17.72. Amgen sees Q2 2023 revenue of $26.2-27.3B, versus the consensus of $26.7B.
Intel (NASDAQ:INTC) 2% HIGHER; reported Q1 EPS of ($0.04), $0.12 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $11.7B versus the consensus estimate of $11.04B. Intel sees Q2 2023 EPS of ($0.04), versus the consensus of $0.01. Intel sees Q2 2023 revenue of $11.5-12.5B, versus the consensus of $11.75B. Said it gained market share in Q1.