Stocks making the biggest moves premarket: Disney, Intel, Etsy, Fox Corp, Costco, Novartis & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Some of the names on the move ahead of the open.

div > div.group > p:first-child"> Tapestry — The company formerly known as Coach reported adjusted quarterly profit of 42 cents per share, a penny a share above estimates. Revenue was essentially in line with expectations. Comparable-store sales were up 1%, topping the 0.9% consensus forecast.

Norwegian Cruise Line Holdings — The cruise line operator reported adjusted quarterly profit of 83 cents per share, 12 cents a share above estimates. Revenue also exceeded forecasts. The company said global demand was robust, helping to support its prices. Walt Disney — Disney reported adjusted quarterly profit of $1.61 per share, beating estimates by 3 cents a share. Revenue beat forecasts as well, with the company getting a boost from its recently concluded purchase of assets from 21st Century Fox. Disney also saw growth from direct-to-consumer operations like its majority-controlled Hulu service.

Etsy — Etsy earned 24 cents per share for the first quarter, 10 cents a share above estimates. The online crafts marketplace's revenue came in slightly below Wall Street forecasts. Gross merchandise sales were in line with expectations, and Etsy also said it paused some of its marketing investments during the quarter.

SVMK — SVMK posted an adjusted loss of 2 cents per share for the first quarter, compared to consensus estimates of a 3 cents per share loss. The parent of SurveyMonkey posted better-than-expected revenue, and also saw average revenue per user increase.

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 UK
 

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

After that last report on drug commercials...what do I see? Drug ads. jimcramer

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Stocks making the biggest moves after hours: Disney, Fox, Roku and moreSee which stocks are posting big moves after the bell on Wednesday, May 8. JoeVirgallito Roku is very overvalued. It could go up to 90 or go back to 40 at any whim.
Source: CNBC - 🏆 12. / 72 Read more »

Disney's stock rallies to pace Dow gainers ahead of earnings reportShares of Walt Disney Co. rallied 1.6% in afternoon trade Wednesday, enough to pace the Dow Jones Industrial Average's gainers, ahead of the media and...
Source: MarketWatch - 🏆 3. / 97 Read more »

4 Takeaways From Sinclair's Acquisition Of Fox Regional Sports Networks From DisneyAfter government regulators prevented Sinclair from acquiring Tribune last year, with its reported acquisition of 21 regional sports networks for $10 billion, it is rapidly moving into local sports.
Source: Forbes - 🏆 394. / 53 Read more »