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After-hours buzz: Starbucks, Alphabet & more

Pedestrians pass in front of the exterior of the New York Stock Exchange (NYSE) in New York.
Scott Eels | Bloomberg | Getty Images
Pedestrians pass in front of the exterior of the New York Stock Exchange (NYSE) in New York.

Check out the companies making headlines after the bell Thursday:

Starbucks shares fell more than 4 percent after the company reported a slight miss on revenue. The company posted $4.99 billion in revenue for the quarter. Analysts had expected Starbucks to report revenue of $5.03 billion, according to a consensus estimate from Thomson Reuters.

The company's same-store-sales growth also missed analysts' expectations. The company reported growth of 6 percent for the quarter; analysts were expecting 6.5 percent, according to FactSet.

Both classes of Alphabet shares dropped more than 4 percent after the company reported a significant miss on earnings. The parent company of Google reported adjusted first-quarter earnings of $7.50 per share. Analysts had expected the tech giant to post earnings of $7.97 a share, according to a consensus estimate from Thomson Reuters.

Microsoft shares were down 2 percent after the technology company reported earnings of 62 cents a share compared to a consensus estimate of 64 cents a share, according to Thomson Reuters. Microsoft also said its Intelligent Cloud business raked in $6.1 billion last quarter. Analysts had expected that segment to bring in $6.28 billion in revenue, according to StreetAccount.

Despite a beat on earnings, shares of Visa were down more than 4 percent after the company amended its agreement to buy Visa Europe. In lieu of an earn-out, Visa will now increase the cash part of its transaction by roughly $1.98 billion.

Advanced Micro Devices shares rose more than 22 percent after the company reported better-than-expected quarterly results. AMD reported a smaller-than-expected loss of 12 cents a share on $832 million in revenue. Analysts had expected the company to report a quarterly loss of 13 cents a share on $818 million in revenue, according to a consensus estimate from Thomson Reuters.