Bell: Check out the companies making headlines after T-Mobile – Mobile Telecommunications stock jumped over 4% after second quarter revenues smashed through Wall Street estimates. T-Mobile reported $2.84 per share of earnings of over $21.67 million and $21.67 billion per share by an analyst surveyed by LSEG. Las Vegas Sands reported adjusted earnings of 79 cents per share, beating the consensus estimate of 53 cents per share per LSEG. The company’s $3.18 billion revenue exceeded the $2.83 billion analysts had been expecting. International Business Machines – After software revenue missed expectations in the second quarter, Tech Stalwart skated 5%. The software revenue was $73.9 billion, with StreetAccount’s consensus estimate of $7.433 billion. Separately, adjusted revenue and revenue for the second quarter exceeded expectations. Alphabet – Stocks added 3% after alphabet revenue and revenue for the second quarter. The tech giant reported profits of $2.31 per share and revenues of $96.43 billion, while analysts were expecting revenues of $2.18 per share and $94 billion per LSEG. ServiceNow – Software company jumped 7%. ServiceNow has lifted its full-year guidance on subscription revenues, seeking a range of between $12.775 billion and $12.75 billion. This brings the previous outlook to $12.644 billion to $12.68 billion, along with the fact set consensus brings $12.666 billion. ServiceNow also broke the top and bottom lines in the second quarter. Chipotle Mexican Grill – Burrito chain shares fell 9%. Chipotle cut its sales growth prospects for the same store all year round. The company currently believes growth is flat compared to previous calls for growth in the single-digit low range. Second quarter revenue missed the mark, with the LSEG consensus estimate of $3.06 billion compared to $31.1 billion. Tesla – The electric car maker’s stock was less than 1% in volatile trading. Tesla said car revenue in the second quarter was $16.7 billion, down from $19.9 billion in the same period last year. This marks the second quarter of Tesla’s auto revenue decline. The top and bottom line results for the second quarter also missed analyst estimates. Viking Therapeutics – Biopharma stocks fell 6% after the company recorded a second-quarter loss of 58 cents per share, but analysts voted by FactSet were expecting a loss of 45 cents per share. The company’s $602,000 research and development costs also exceeded the expected $45.1 million. Molina Healthcare – The shares fell 3% after the company recorded second-quarter adjusted earnings of $5.48 per share. Analysts voted by LSEG had estimated $5.79 per share. United Rentals – Shares rose approximately 2% after the rental equipment company posted second-quarter revenues to $3.94 billion. United Rentals also said it expects full-year revenue to range from $15.8 billion to $16.1 billion, but it said it had been seeking a range from $15.6 billion to $16.1 billion. -CNBC’s Sean Conlon, Alex Hurling and Darla Mercado contributed to the report.
Stocks making the biggest move outside of business hours: Now, IBM, CMG
