Skechers, Boston Beer, Snap, Twitter et plus – .

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Skechers, Boston Beer, Snap, Twitter et plus – .


Find out which companies are making the headlines before the Friday bell:
American Express – American Express gained 3.3% after reporting quarterly earnings of $ 2.80 per share. This topped the consensus estimate of $ 1.66, with revenues also exceeding the estimates. The results were helped by a release of credit reserves and an increase in travel and entertainment spending.

Honeywell – The industrial conglomerate beat estimates by 8 cents with adjusted quarterly earnings of $ 2.02 per share, with earnings also exceeding estimates. Honeywell has seen growth across all of its businesses and has benefited from a rebound in areas hardest hit by the pandemic, such as commercial aerospace. Honeywell has also raised its annual forecast.

Schlumberger – Schlumberger rose 2.2% after beating estimates on earnings and the rebound in oil services activity. Schlumberger topped estimates by 4 cents with adjusted quarterly earnings of 30 cents per share.

Kimberly-Clark – The consumer goods maker reported quarterly profit of $ 1.47 per share, below the consensus estimate of $ 1.71, with revenue roughly in line with expectations. Kimberly-Clark also lowered its profit forecast for the full year, indicating rising input costs and continued volatility from the pandemic. Shares fell 3.7% in the pre-market.

Twitter – Twitter was up 4.5% in pre-release after beating estimates by 13 cents with adjusted quarterly earnings of 20 cents per share. Revenue exceeded Wall Street forecasts, as ad sales jumped 87% from a year ago. Twitter also gave an optimistic revenue forecast for the current quarter.

Intel – Intel reported adjusted quarterly earnings of $ 1.28 per share, beating the consensus estimate of $ 1.06, with the chipmaker’s earnings also marking a pace. However, Intel also released a forecast that disappointed some investors and also said the global chip shortage could last until 2023. Intel shares fell 2.2%.

Snap – Snap climbed 16.7% after the social media company surprised analysts with quarterly profit, gaining a 10-cent-per-share adjustment amid forecasts of a 1-cent-per-share loss. Income also exceeded estimates. Snap also reported higher than expected daily user stats along with optimistic revenue forecasts.

Skechers – Skechers broke the consensus estimate of 52 cents and reported quarterly earnings of 88 cents a share, with the shoe maker also posting better-than-expected earnings. Skechers said workers returning to their offices have fueled demand for its “comfort technology” offerings. Skechers rose 7.1%.

Boston Beer – Boston Beer shares fell 20.3% after brewer Sam Adams slashed its financial outlook for 2021, citing weaker than expected sales of its hard salt brands. In its most recent quarter, Boston Beer earned $ 4.75 per share, well below the consensus estimate of $ 6.69, with earnings also lower than expected.

Veoneer – The Swedish auto parts maker climbed 55.3% in pre-market after agreeing to be bought out by Canadian rival Magna International for around $ 3.8 billion in cash. The deal will help Magna in its efforts to improve its driver assistance technology. Magna shares slipped 3.1%.

Capital One Financial – Capital One earned $ 7.62 per share for its most recent quarter, well above the consensus estimate of $ 4.64, and the financial services firm also saw earnings exceed analysts’ forecasts . Results were boosted by a credit loss benefit. Still, Capital One shares fell 1.4% pre-market.

VeriSign – VeriSign fell 2 cents from consensus estimates with quarterly profit of $ 1.31 per share, with the domain name registrar posting revenue roughly in line with expectations. Shares lost 0.6%.

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