Stocks making the biggest moves in the premarket: Target, Eli Lilly, Hershey, Blackstone, Gap & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The stocks making the biggest moves in premarket trading include Target, Eli Lilly, Hershey, Blackstone, Gap, and more.

– The drugmaker reported quarterly earnings of $1.75 per share, beating the $1.48 a share consensus estimate. Revenue was also above Street forecasts. Lilly's worldwide revenue was boosted by $250 million due to Covid-19, but the company said the virus could negatively impact results later in the year. – The home builder's bottom line came in 4 cents a share above estimates at 74 cents per share, with revenue essentially in line with expectations.

PulteGroup said consumer traffic and sales slowed in mid-March and it is suspending guidance due to uncertainties related to the pandemic. – The candy maker missed estimates by 8 cents a share, with quarterly earnings of $1.63 per share. Revenue came in slightly below forecasts. Hershey declared its regular quarterly dividend and said it believes it has sufficient liquidity to meet its cash needs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eli Lilly's stock gains after earnings beat, as COVID-19-related buying boosts revenue by $250 millionShares of Eli Lilly & Co. undefined rallied 1.5% in premarket trading Thursday, after the drug maker reported better-than-expected first-quarter profit and... So glad we could accommodate their shareholders
Source: MarketWatch - 🏆 3. / 97 Read more »