Pedestrians walk past Skechers shoes on display outside of a store in San Francisco, California.
Check out companies that make headlines before bell Friday:
American Express – American Express gained 3.3% after quarterly reporting earnings of $ 2.80 per person share. Which beat the consensus estimate of $ 1.66, with even higher than estimated revenues. The results were aided by a release of credit reserves and increased spending on travel and entertainment.
Honeywell – The industrial conglomerate beats estimates by 8 cents with adjusted quarterly earnings of $ 2.02 for share, with also the estimates on revenues. Honeywell saw growth in all his business and got a boost from a rebound in more difficult areas hit from the pandemic such as commercial aerospace. Honeywell also lifted up full-year forecast.
Schlumberger – Schlumberger was up 2.2% after beating estimates on the top and bottom lines on they are bound in petroleum service activities. Schlumberger came in 4 cents above the estimates with adjusted quarterly earnings of 30 cents per minute share.
Kimberly-Clark – The consumer products manufacturer reported a quarterly profit of $ 1.47 per person share, not up to par of the consensus estimate of $ 1.71, with enter approximately in line with forecasts. Kimberly-Clark also cut it full-year earnings forecast, indicating higher input costs and continued volatility driven by the pandemic. Shares fell 3.7% in the premarket.
Twitter – Twitter gained 4.5% in the premarket after beating estimates by 13 cents with adjusted quarterly profit of 20 cents per minute share. Revenue surpassed Wall Street forecasts as ad sales increased 87% from to year does. Twitter also gave an optimism current-quarter revenue forecast.
Intel – Intel reported adjusted quarterly earnings of $ 1.28 per person share, beating the consensus estimate of $ 1.06, with the chip maker’s revenue also scoring a hit. However, Intel also issued a forecast that disappointed some investors e also said the global the chip shortage could last until 2023. Intel shares fell 2.2%.
Snap: Snap increased by 16.7% after social media surprised company analysts with a quarterly profit, earning a adjusted 10 cents per minute share among the forecasts of a 1 cent per share lost. Income also beat estimates. Snap also reported higher- daily user metrics than expected and optimistic revenue forecasts.
Skechers – Skechers has grown up past the consensus estimate of 52 cents is reported quarterly earnings of 88 cents per minute share, with the shoemaker also registering better than expected revenue. Skechers said workers returning to offices have increased demand for his “comfort” technology”offers. Skechers rallied 7.1%.
Boston Beer – Boston Beer shares plummeted 20.3% after the Sam Adams Brewery cut its financial perspective for 2021, citing weaker-than-expected sales of his hard brands of seltzer. In its most recent quarter, Boston Beer earned $ 4.75 per person share, well below the consensus estimate of $ 6.69, with run short of even forecasts.
Veoneer – The Swede auto component manufacturer increased by 55.3% in pre-market share after agreeing to be bought by Canadian rival Magna International for about 3.8 billion dollars in cash. The deal will be help Magna in his efforts to improve his own driver support technology. Magna shares fell 3.1%.
Capital One Financial – Capital One earned $ 7.62 per person share for his latest quarter, well above the consensus estimate of $ 4.64 and the financial service company also saw the entrances arrive in on analyst forecasts. The results were enhanced by a credit loss benefit. Anyway, Capital One shares fell by 1.4% in the premarket.
VeriSign – VeriSign lost 2 cents of consensus estimates with quarterly earnings of $ 1.31 per person share, with the domain name registrar that sees revenue roughly in line with forecasts. The shares lost 0.6%.
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