U.S. Movers: Alphabet, AutoNation, HCA Healthcare, Intel, PepsiCo, Valero Energy

Scott Peters
28 Apr, 2025
New York City

Intel Corp. eased 0.1% to $20.02 after the technology company reported first-quarter 2025 results.

Revenue inched down to $12.67 billion from $12.72 billion, net loss widened to $821 million from a loss of $381 million, and diluted loss per share widened to 19 cents from a loss of 9 cents a year ago.

The company guided second-quarter 2025 revenue to be between $11.2 billion and $12.4 billion, compared to $12.83 billion in 2024, and net loss per share of 32 cents, compared to a loss of 38 cents a year earlier.

Valero Energy Corp. gained 0.4% to $113.87 after the energy company reported first-quarter 2025 results.

Revenue edged down to $30.26 billion from $31.76 billion, net income swung to a loss of $595 million from a profit of $1.24 billion, and diluted earnings per share swung to a loss of $1.90 from a profit of $3.75 a year ago.

The company returned $633 million to shareholders through dividends and stock buybacks, and it announced a quarterly cash dividend of $1.13 per share.

Alphabet Inc. eased 0.2% to $161.70 after the parent company of the Google search engine reported first-quarter 2025 results.

Revenue surged to $90.23 billion from $80.54 billion, net income jumped to $34.54 billion from $23.66 billion, and diluted earnings per share rose to $2.81 from $1.89 a year ago.

The company announced a quarterly cash dividend of 21 cents per share, an increase of 5% from the prior dividend of 20 cents per share, payable on June 16 to shareholders on record as of June 9.

During the quarter, Alphabet paid a total of $2.4 billion in dividends, and on April 23, the company issued an authorization to repurchase $70.0 billion of Class A and Class C shares.

PepsiCo Inc. gained 0.3% to $133.74 after the beverage company reported first-quarter 2025 results.

Revenue declined to $17.92 billion from $18.25 billion, net income slipped to $1.83 billion from $2.04 billion, and diluted earnings per share fell to $1.33 from $1.48 a year ago.

The company guided fiscal 2025 revenue to increase by a low single-digit percent, compared to $91.85 billion in 2024, implying a 3% decline in core earnings per share, compared to $8.16 per share in 2024.

PepsiCo also estimated total cash returns to shareholders of approximately $8.6 billion, comprised of dividends of $7.6 billion and share repurchases of $1.0 billion.

AutoNation Inc. traded flat at $175.09 after the automotive retailer reported first-quarter 2025 results.

Revenue jumped 3% to $6.69 billion from $6.48 billion, net income edged down 8% to $175.5 million from $190.1 million, and diluted earnings per share fell 1% to $4.45 from $4.49 a year ago.

Same-store sales rose 4% in the quarter, driven by new vehicle growth of 10%, while used vehicle unit sales declined 2%.

The company completed acquisitions worth $70 million, adding $220 million of annualized revenue to the domestic and import segments.

AutoNation repurchased $225 million of stock during the quarter, and more than $607 million remained under repurchase authorization.

HCA Healthcare Inc. gained 0.02% to $328.00 after the hospital and clinic operator reported first-quarter 2025 results.

Revenue edged up to $18.32 billion from $17.34 billion, net income jumped to $1.61 billion from $1.59 billion, and diluted earnings per share rose to $6.45 from $5.93 a year ago.

The company announced a quarterly cash dividend of 72 cents per share, payable on June 30 to shareholders on record as of June 16.

During the first quarter, the healthcare company repurchased 7.762 million shares at a cost of $2.506 billion, and as of March 31, it had $8.259 billion remaining under repurchase authorization.