Micro Cap Stock News Hubb
Advertisement Banner
  • Home
  • News
  • Stocks & Capital News
  • Contact
No Result
View All Result
  • Home
  • News
  • Stocks & Capital News
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home Stocks & Capital News

Campbell Soup, Pinterest, Toll Brothers and others

admin by admin
December 7, 2022
in Stocks & Capital News


Check out the companies making headlines before the bell:

Campbell Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Revenue also beat consensus and the food producer said its results were helped by strong pricing, improved productivity and supply chain improvements. Campbell Soup rose 1.2% in the premarket.

Pinterest (PINS) – Pinterest rose 1.2% in premarket trading after an official from activist investor Elliott Management was added to the image-sharing website operator’s board of directors. Senior portfolio manager Marc Steinberg will become Pinterest’s eleventh board member, and the company agreed to renominate him for a new three-year term at next year’s annual meeting.

Toll Brothers (TOL) – Toll Brothers beat top and bottom line estimates for its latest quarter, with results helped by strong pricing for the luxury home builder. Toll Brothers added 1.2% in the premarket.

Thor Industries (THO) – The recreational vehicle maker reported a quarterly profit of $2.53 per share, well above the $1.81 consensus estimate, with revenue also topping Wall Street forecasts. Thor said its business performed “exceedingly well” during the quarter given ongoing macroeconomic headwinds.

Lowe’s (LOW) – The home improvement retailer announced a new $15 billion share repurchase program and reaffirmed its full-year forecast. The actions come ahead of the company’s annual analyst and investor conference today.

Carvana (CVNA) – Carvana creditors, including Apollo Global Management and Pimco, signed a cooperation agreement and will work together as the online used car seller goes through a debt restructuring process. Carvana tumbled 18.2% in premarket trading.

MongoDB (MDB) – MongoDB shares soared 26.6% in premarket trading after the database software company reported a surprise quarterly profit and forecast another profit for the current quarter.

Dave & Buster’s (PLAY) – Dave & Buster’s shares slid 3.9% in premarket action even though its quarterly profit matched analyst estimates. The restaurant and entertainment venue’s revenue beat consensus.

Stitch Fix (SFIX) – Stitch Fix shares fell 2.2% in the premarket after the online clothing company trimmed its full-year forecast amid a further decline in the number of active clients.

Airbnb (ABNB) – Airbnb fell 3.8% in premarket trading after Morgan Stanley downgraded the stock to underweight from equal-weight. Morgan Stanley pointed to slowing growth in listings and lower room night demand.



Source link

Tags: Airbnb IncApollo Global Management IncBreaking News: Marketsbusinessbusiness newsCampbell Soup CoCarvana CoDave & Buster's Entertainment IncDividendsEarningsEconomyLowe's Companies IncMarket InsiderMarketsMongoDB IncPinterest IncStitch Fix IncStock marketsThor Industries IncToll Brothers Inc
Previous Post

INDICATOR FOR PROFESSIONAL TRADERS! I MADE GOOD MONEY. – Analytics & Forecasts – 6 December 2022

Next Post

We Remain Bullish On Hormel Foods Despite The Selloff (NYSE:HRL)

Next Post

We Remain Bullish On Hormel Foods Despite The Selloff (NYSE:HRL)

Recommended

Former FTX US head denies participation in fraud involving the company

3 weeks ago

Now Is the Time To Add This Industry Group to Your Portfolio | Don’t Ignore This Chart!

3 months ago

© 2022 Micro Cap Stocks News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Stocks & Capital News
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Stocks & Capital News
  • Contact

© 2022 Micro Cap Stock News Hubb All rights reserved.