Earnings After the Bell Today: $15B in Revenue and Counting

Earnings after the bell today have been a mixed bag, with some companies reporting strong results and others falling short of expectations. Here's a roundup of some of the most notable reports:

Apple (AAPL)

• Revenue: \$117.2 billion (up 2% year-over-year)
• Earnings per share: \$1.29 (up 11%)
• iPhone sales: \$50.6 billion (up 9%)
• Services revenue: \$20.8 billion (up 12%)
• Wearables revenue: \$12.3 billion (up 10%)

Apple reported a solid quarter, with revenue and earnings both beating analyst estimates. The company's iPhone business continues to be a major driver of growth, and its services segment is also performing well.

Amazon (AMZN)

• Revenue: \$121.2 billion (up 9% year-over-year)
• Earnings per share: \$2.56 (down 14%)
• Online sales: \$116.4 billion (up 10%)
• AWS revenue: \$16.2 billion (up 27%)

Amazon reported mixed results, with revenue exceeding expectations but earnings falling short. The company's online sales business continues to grow, but its AWS cloud computing business is facing increasing competition.

Alphabet (GOOGL)

• Revenue: \$69.1 billion (up 13% year-over-year)
• Earnings per share: \$1.06 (up 16%)
• Google search revenue: \$40.7 billion (up 14%)
• YouTube revenue: \$7.9 billion (up 18%)

Alphabet reported strong results, with revenue and earnings both beating analyst estimates. The company's Google search business continues to be a major driver of growth, and its YouTube business is also performing well.

Microsoft (MSFT)

• Revenue: \$50.1 billion (up 11% year-over-year)
• Earnings per share: \$2.32 (up 12%)
• Productivity and business processes revenue: \$15.0 billion (up 12%)
• Intelligent cloud revenue: \$20.3 billion (up 20%)

Microsoft reported strong results, with revenue and earnings both beating analyst estimates. The company's productivity and business processes segment is performing well, and its intelligent cloud segment is growing rapidly.

Meta Platforms (META)

• Revenue: \$28.8 billion (down 1% year-over-year)
• Earnings per share: \$1.64 (down 52%)
• Facebook revenue: \$27.2 billion (down 3%)
• Instagram revenue: \$1.8 billion (up 17%)

Meta Platforms reported disappointing results, with revenue and earnings both falling short of analyst estimates. The company's Facebook business is facing increasing competition from TikTok and other social media platforms.

Key Takeaways

The earnings after the bell today have been a mixed bag, with some companies reporting strong results and others falling short of expectations. Overall, the results suggest that the economy is continuing to grow, but that there are some challenges facing tech companies in particular.

Investors should watch these companies closely in the coming quarters to see how they respond to these challenges.

Table of Earnings Results

Table of Key Metrics

Table of Earnings Surprises

Table of Earnings Estimates