Alphabet, AMD, and Snap see After Hours Market Ups and Downs

In after-hours trading, major stocks like Alphabet and AMD showed mixed results. While Alphabet faced declines despite positive EPS revisions, Snap's sharp drop highlights market volatility. The trends could signal shifts in investor sentiment affecting stock prices.

Date: 05-02-2025

AI Rating: 6

Earnings Per Share (EPS)
Alphabet Inc. has had 3 upward revisions for its earnings forecast for the fiscal quarter ending September 2025, with a consensus EPS forecast of $2.26. Similarly, Verizon Communications Inc. has had 3 upward revisions for the same period, with a consensus EPS forecast of $1.21. Bank of America Corporation reported 5 upward revisions for the quarter ending June 2025, with a consensus EPS forecast of $0.93. Suncor Energy Inc. is projected to report an EPS of 0.82 per share, representing a 93 percent increase over the previous year.

Impact on Stock Prices
These EPS forecasts and upward revisions indicate potential for positive stock movement for the companies mentioned, assuming actual earnings meet or exceed these revised expectations. Conversely, Snap Inc. experienced a significant drop of 22% after disappointing Q3 results, which is expected to negatively impact its stock price.

Overall, while companies like Alphabet and Bank of America are seeing positive revisions, the drop in Snap's stock could create mixed signals for the market, reflecting varying investor sentiments based on recent performance.

Stocks: GOOGL AMD SNAP VZ BAC SU