CNBC Earnings

The company beat on both the top and bottom lines.

Gilead Sciences' sales fell 10% in the second quarter from a year earlier as the coronavirus pandemic weakened demand for some of its drugs, including some of its core hepatitis treatments.

The company declined to issue guidance for the second quarter in a row, but said on a call with analysts that it expects iPhone supply in the fall to be delayed for a few weeks.

See which stocks are posting big moves after the bell.

Comcast's NBCUniversal division took some hits in the second quarter as advertisers pulled back spending and theme parks had to shut down entirely.

Yum said net income for the quarter was $206 billion, or 67 cents per share, down from $289 billion, or 92 cents per share, a year earlier.

Dunkin' Brands second-quarter revenue fell 20% as fewer customers stopped by its stores due to the coronavirus pandemic on their way to work.

Procter & Gamble reported organic sales growth of 6% for its fiscal fourth quarter as the pandemic helped spur purchases of cleaning products.

The stocks making the biggest moves in premarket trading include Procter & Gamble, Comcast, UPS, Cigna, and more.

Eli Lilly reported a 6.4% rise in second-quarter profit on Thursday, helped by demand for its diabetes drug, Trulicity.

United Parcel Service on Thursday reported a 13.4% rise in quarterly revenue, as the Covid-19 pandemic led to a surge in residential volumes and healthcare shipments.

Qualcomm stands to heavily benefit from 5G networks being built. It sells modem chips to phone makers, and licenses critical patents to anyone using 5G technology.

See which stocks are posting big moves after the bell.

Boeing's commercial aircraft unit suffered the most with a 65% drop in revenue from a year earlier as deliveries of new planes tumbled.

The industrial giant's bottom line took a bigger-than-expected hit as the company tries to weather the coronavirus pandemic.

Spotify Technology missed quarterly revenue expectations on Wednesday and forecast a soft current quarter, due mainly to a decline in ads as the Covid-19 pandemic kept advertisers at bay.

Shopify beat Wall Street estimates for second-quarter revenue on Wednesday as more brick-and-mortar retailers listed on its online platform.

AMD is raising its revenue forecast after competitor Intel indicated last week that it will be delayed in getting out next-generation chips.

The coronavirus pandemic led Starbucks to lose $3.1 billion in sales during the quarter, according to its estimates.

Two competing narratives are battling it out this earnings season. One says the recovery is in trouble, another says the second quarter was the bottom.