After-Hours Stock Movers:
Stride Inc (NYSE:LRN) 11% HIGHER; reported Q1 EPS of $0.11, $0.53 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $480.2 million versus the consensus estimate of $457.7M.
CoStar Group Inc (NASDAQ:CSGP) 7% LOWER; reported Q3 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $625M versus the consensus estimate of $625.95M. Costar Group sees Q4 2023 EPS of $0.31-$0.32, versus the consensus of $0.35. Costar Group sees Q4 2023 revenue of $630-635M, versus the consensus of $644.5M. Costar Group sees FY2023 EPS of $1.21-$1.22, versus the consensus of $1.24. Costar Group sees FY2023 revenue of $2.445-2.45M, versus the consensus of $2.461M.
Alphabet Inc. (NASDAQ:GOOGL) 6% LOWER; reported Q3 EPS of $1.55, $0.10 better than the analyst estimate of $1.45. Revenue for the quarter came in at $76.69 billion versus the consensus estimate of $75.98B. Cloud revenue rose 22% to $8.4B but was short of expectations for $8.6B.
Texas Instruments (NASDAQ:TXN) 5% LOWER; reported Q3 EPS of $1.80, ex-gain, $0.02 worse than the analyst estimate of $1.82. Revenue for the quarter came in at $4.53B versus the consensus estimate of $4.57B. Texas Instruments sees Q4 2023 EPS of $1.35-$1.57, versus the consensus of $1.75. Texas Instruments sees Q4 2023 revenue of $3.93-4.27B, versus the consensus of $4.49B.
Microsoft (NASDAQ:MSFT)4% HIGHER; reported Q1 EPS of $2.99, $0.34 better than the analyst estimate of $2.65. Revenue for the quarter came in at $56.5B versus the consensus estimate of $54.53B. The company said Azure grew 29% in the quarter, compared with Wall Street estimates for 26%.
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