Check out the companies making headlines before the bell: Exxon Mobil — The energy giant reported stronger-than-expected second-quarter profit amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating LSEG’s forecast of $2.01 per share. Shares were up slightly in premarket trading. Intel — Shares plunged 20% on weaker-than-expected second-quarter profit and revenue. The company also said it would lay off more than 15% of its employees as it cut $10 billion in costs. Snap — Shares of Snapchat’s parent company fell 17% on disappointing guidance. For the third quarter, Snap expects adjusted earnings to be in the range of $70 million to $100 million, compared with a StreetAccount estimate of $110 million. Cloudflare — The computer company jumped 7% after raising its full-year outlook. The company reported full-year earnings of 70 cents to 71 cents per share, ahead of the 60 cents to 61 cents it had previously forecast. Analysts polled by FactSet had estimated full-year earnings of 61 cents per share. Full-year revenue guidance also beat expectations. Cloudflare posted second-quarter adjusted earnings and revenue that beat expectations. DoorDash — Shares rose 9% after the food delivery service posted second-quarter revenue of $2.63 billion, beating the LSEG consensus of $2.54 billion. DoorDash also raised its third-quarter forecast for gross order value from its marketplace. Amazon — The e-commerce stock fell more than 8% after weaker-than-expected quarterly results. The company reported weaker-than-expected second-quarter revenue and issued disappointing third-quarter guidance. Revenue from its cloud division, however, rose 19% in the second quarter, beating analysts’ estimates. Block — The financial technology company rose more than 3% after posting second-quarter earnings that beat expectations. Block reported adjusted earnings of 93 cents per share, beating LSEG’s consensus estimate of 84 cents per share. At the same time, revenue of $6.16 billion missed analysts’ expectations of $6.28 billion. Clorox — The household products company’s stock rose 1.7%. Clorox provided full-year earnings guidance in a range of $6.55 to $6.80 per share, beating LSEG’s forecast of $6.45 per share. Adjusted earnings for the fiscal fourth quarter were $1.82 per share, while analysts had expected $1.56 per share. Apple — Shares of the iPhone maker rose 0.3%. The company beat analysts’ estimates for fiscal third-quarter earnings and profit. Apple reported earnings of $1.40 per share, while analysts polled by LSEG had expected $1.35 per share. Revenue was $85.78 billion, also topping Street estimates. Twilio — The cloud communications stock jumped 5% after Twilio beat quarterly expectations on the top and bottom lines. The company reported adjusted earnings of 87 cents per share for the second quarter on revenue of $1.08 billion. Analysts polled by LSEG had expected earnings of 70 cents per share on revenue of $1.06 billion. Coinbase — The cryptocurrency exchange operator added 1.3%. Second-quarter revenue was $1.45 billion, slightly above estimates of $1.40 billion, according to LSEG. Booking Holdings — Shares of the online travel company slid more than 5% despite second-quarter revenue and net income beating expectations. Booking guided for third-quarter adjusted EBITDA of $3.25 billion to $3.35 billion, compared with analysts’ estimates of $3.58 billion, according to FactSet. GoDaddy — Shares jumped about 7% after the web hosting company raised its full-year outlook. GoDaddy issued a full-year revenue forecast of $4.525 billion to $4.565 billion, while analysts polled by FactSet had expected $4.53 billion. Coterra Energy — Shares fell 1.5% after Coterra Energy reported disappointing results. The energy company reported second-quarter adjusted earnings of 37 cents per share, below FactSet’s consensus estimate of 39 cents per share. Roku — The streaming device company added 2.3% after reporting a second-quarter loss of 24 cents per share after market close Thursday, better than the 43 cents per share loss expected by analysts polled by LSEG. Revenue came in at $968 million, beating the consensus estimate of $938 million. Atlassian — The software company’s stock fell more than 12% after issuing weak guidance. Atlassian estimates fiscal first-quarter revenue of $1.149 billion to $1.157 billion, while analysts surveyed by LSEG had expected $1.16 billion. Full-year revenue growth also fell short of expectations. Microchip Technology — The semiconductor company’s stock fell 7%. Adjusted earnings for the fiscal first quarter beat analysts’ estimates, while revenue was in line with expectations. Meanwhile, its forward second-quarter earnings-per-share forecast of 40 cents to 46 cents missed the consensus estimate of 59 cents in earnings per share, according to FactSet. Management cited a challenging macroeconomic backdrop leading to an extended period of inventory correction. — CNBC’s Sarah Min, Samantha Subin, Lisa Han and Michelle Fox contributed reporting.
