Check out the companies making headlines before the bell. Hershey — Shares of the chocolate confectionary maker added about 1% after Hershey posted a first-quarter earnings beat. The company reported adjusted earnings of $3.07 per share, which came above the $2.76 per share analysts polled by LSEG had expected. Hershey’s $3.25 billion revenue also beat the $3.11 billion consensus. Apple — The tech giant jumped more than 7% after announcing it would repurchase $110 billion of its own stock and a top- and bottom-line beat. Apple posted fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG. Amgen — Shares soared 13% after the biotech firm posted a first-quarter earnings and revenue beat. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded lower on Friday morning. Cloudflare — The stock continued to sink, plunging 12% after reporting weak full-year guidance, although Cloudflare posted a first-quarter earnings and revenue beat. Expedia — Shares of the online travel booking company slipped 11% after Expedia issued lower-than-expected guidance for its fiscal second quarter, with executives pointing to its Vrbo segment as a drag on its resu …
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. Hershey — Shares of the chocolate confectionary maker added about 1% after Hershey posted a first-quarter earnings beat. The company reported adjusted earnings of $3.07 per share, which came above the $2.76 per share analysts polled by LSEG had expected. Hershey’s $3.25 billion revenue also beat the $3.11 billion consensus. Apple — The tech giant jumped more than 7% after announcing it would repurchase $110 billion of its own stock and a top- and bottom-line beat. Apple posted fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG. Amgen — Shares soared 13% after the biotech firm posted a first-quarter earnings and revenue beat. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded lower on Friday morning. Cloudflare — The stock continued to sink, plunging 12% after reporting weak full-year guidance, although Cloudflare posted a first-quarter earnings and revenue beat. Expedia — Shares of the online travel booking company slipped 11% after Expedia issued lower-than-expected guidance for its fiscal second quarter, with executives pointing to its Vrbo segment as a drag on its resu …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
