U.S. Movers: Humana, Meta Platforms, Microsoft, Public Storage, Qualcomm, Yum! Brands

Scott Peters
01 May, 2025
New York City

Microsoft Corp. advanced 0.3% to $395.26 after the software company reported third-quarter 2025 results.

Revenue increased to $70.07 billion from $61.86 billion, net income jumped to $25.82 billion from $21.94 billion, and diluted earnings per share rose to $3.46 from $2.94 a year ago.

“We delivered a strong quarter with Microsoft Cloud revenue of $42.4 billion, up 20, and up 22% in constant currency, year-over-year, driven by continued demand for our differentiated offerings,” said Amy Hood, executive vice president and chief financial officer of Microsoft.

During the quarter, the company returned $9.7 billion to shareholders in the form of dividends and share repurchases.

Meta Platforms Inc. advanced 5.4% to $578.40 after the parent company of Facebook, Instagram, and WhatsApp reported first-quarter 2025 results.

Revenue edged up 16% to $42.31 billion from $36.45 billion, net income jumped 35% to $16.64 billion from $12.37 billion, and diluted earnings per share rose 37% to $6.43 from $4.71 a year ago.

The company said the number of daily active family members was 3.43 billion on average for March, an increase of 6% from a year earlier.

Meta guided second-quarter revenue to be between $42.5 billion and $45.5 billion, compared to $39.07 in 2024.

The company raised its capital expenditure outlook, as it continues to invest in artificial intelligence to boost its data centers, also expecting an increased cost of infrastructure hardware.

Qualcomm Inc. dropped 5.7% to $140.01 after the wireless technology company reported second-quarter 2025 results.

Revenue edged up to $10.98 billion from $9.39 billion, net income climbed to $2.81 billion from $2.33 billion, and diluted earnings per share rose to $2.52 from $2.02 a year ago.

During the quarter, the company returned $2.7 billion to stockholders in the form of dividends and share repurchases.

Qualcomm guided third-quarter revenue to range between $9.9 billion and $10.7 billion, compared to $9.39 billion in 2024, and GAAP diluted earnings per share to be between $2.14 and $2.34, compared to $2.06 a year ago.

The company estimated non-GAAP diluted earnings per share in the third quarter to range between $2.60 and $2.80, compared to $2.44 a year earlier.

Public Storage Inc. traded flat at $300.43 after the owner and operator of self-storage facilities reported results for the three months ending in March.

Revenue inched up to $934.54 million from $934.03 million, net income slumped to $358.23 million from $459.21 million, and diluted earnings per share declined to $2.04 from $2.60 a year ago.

During the quarter, the company acquired nine self-storage facilities for $141.0 million, and subsequent to March 31, the company had added another five self-storage facilities for $43.2 million.

The company opened three newly developed facilities and completed various expansion projects during the quarter.

Yum! Brands Inc. eased 0.2% to $150.17 after the parent company of KFC, Taco Bell, and Pizza Hut reported first-quarter 2025 results.

Revenue increased 12% to $1.79 billion from $1.60 billion, net income slipped 19% to $253 million from $314 million, and diluted earnings per share fell 18% to 90 cents from $1.10 a year ago.

Global same-store sales in the quarter jumped 3%, led by Taco Bell up 9% and KFC up 2%, while Pizza Hut’s same-store sales declined 2%.

Yum! Brands continued expanding its business, opening 528 new KFC restaurants, 24 new Taco Bell restaurants, and 198 new Pizza Hut restaurants in various locations.

The company proposed a dividend of 71 cents per share, up from 67 cents per share in 2024.

Humana Inc. traded up 0.3% to $263.10 after the health insurance company reported first-quarter 2025 results.

Revenue edged up to $32.11 billion from $29.61 billion, net income surged to $1.24 billion from $741 million, and diluted earnings per share rose to $10.30 from $6.11 a year ago.

The company guided fiscal 2025 earnings per share to be approximately $16.25, compared to $16.21 a year ago, while revising GAAP earnings per share to approximately $14.68 from the previous estimate of $15.88 and compared to $9.98 in 2024.