Before the start of trading Wednesday, take a look at the companies making headlines. Shares of CVS Health, the retail pharmacy giant, increased by 1.8% premarket after posting impressive second quarter earnings and revenue of $2.21 per share and $88.9 billion, respectively. This exceeded Wall Street analysts' expectations of $2.11 per share and $86.5 billion, as reported by Refinitiv. Meanwhile, Kraft Heinz was down 1% before the bell due to mixed second quarter results that did not meet revenue forecasts. Norwegian Cruise Line also saw its stock drop 3.2% premarket, despite topping Street estimates; however, Susquehanna downgraded the rating and maintained the price target of $17. SolarEdge Technologies' stock slipped 13.4% after coming up short of revenue predictions, though it beat earnings projections. Robinhood's stock dropped 2% ahead of its quarterly release expected after the closing bell, for which analysts anticipate a minor loss of one cent. In contrast, Freshworks' shares shot up 16% as the software as a service company surpassed expectations for revenue and earnings per share. AMD and Match Group, the parent of Tinder and Match, gained 2% and 10%, respectively, on the back of their strong quarterly results. Humana experienced a 5.6% increase after its second quarter adjusted earnings per share ($8.94) was higher than the predicted amount ($8.76) from StreetAccount. Starbucks did not fare as well, with its stock dropping more than 1% after its fiscal third quarter sales proved to be lighter than expected. Analysts had anticipated $95 cents on earnings per share and $9.29 billion of revenue, yet the company reported $1 in adjusted earnings per share and $9.17 billion of revenue.
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