Take a look at some of the biggest moves on the market ahead of time:
CVS Health (CVS) – The pharmacy and pharmacy benefit management company earned $ 2.04 per share in the first quarter, above the consensus estimate of $ 1.72 per share. Revenue was also higher than Wall Street forecasts.CVS saw higher in-store sales, with customer traffic from Covid-19 vaccination visits.CVS also raised its full-year forecast and its shares rose 3. % In advance market
iRobot (IRBT) ̵1; iRobot earned 41 cents per share in the first quarter, compared with a consensus estimate of 9 cents per share.The maker of Roomba robot vacuum cleaners also exceeded estimates, however stock tumbled 8.6%. In the futures market due to concerns about shipping and component costs.
Pfizer (PFE) – The drugmaker beat estimates by 16 cents per share with a quarterly profit of 93 cents per share.Revenue is still on top forecasts, and the company has upped its full-year guidance due to sales of the Covid- vaccine. 19 still stronger than expected The Food and Drug Administration also required the vaccine to be licensed for use in adolescents aged 12-15, according to federal officials familiar with plans speaking to The New York Times.Pfizer shares added 1.3 percent to futures trading.
Vaxart (VXRT) – Vaxart increased 18.6% in futures trading after reporting positive results in a Phase 1 trial of the Covid-19 vaccine.Vaxart said the vaccine could be as effective as the injectable vaccines developed by Pfizer and Moderna (MRNA).
Under Armor (UAA) – The sportswear maker’s stock was up 2.8 percent in pre-market action after it reported first-quarter profit of 16 cents per share, 3 cents above the consensus estimate. Revenue was also higher than analysts’ forecasts, and Under Armor raised its full-year outlook as the open market spurred a separate demand for footwear and apparel.The company agreed to pay $ 9 million to settle the commission’s investigation. Director of the Securities and Exchange Commission on the Company’s account
DuPont (DD) – The industrial materials maker reported a quarterly profit of 91 cents per share, 15 cents per share above estimates. Revenue also exceeded analysts’ expectations. DuPont sees strong demand for products from the semiconductor maker as well as the automobile market, and the company has raised its full-year earnings and revenue estimates.
XPO Logistics (XPO) – XPO reported quarterly results of $ 1.46 per share, above the consensus estimate of 97 cents per share. As usual, XPO also raised its full-year forecast, but its shares lost 1.2 percent in pre-market action.
Avis Budget (CAR) – Avis Budget lost 46 cents per share in the first quarter, less than the $ 2.16 per share loss expected by analysts. Increased demand and more stable prices for car rentals, shares fell 1.4% in pre-market action, despite good earnings.
Qiagen (QGEN) – Qiagen reported better-than-expected earnings and sales for the latest quarter as the genetic testing company sees growing demand for non-coronavirus products, as well as its strength in the Covid-19 testing business.
SmileDirectClub (SDC) – SmileDirectClub It said current-quarter sales will be impacted by the April cyberattack that cost between $ 10 million and $ 15 million, the maker of the tooth straightening system said it had been successful in preventing attacks and restoring the system. Usually the stock lost 9.2% in futures trading. (Disclosure: NBC Nightly News examines customer complaints of SmileDirectClub In February, the company accused NBCUniversal of spreading false information about the company and that it was raising $ 2.85 billion for defamation.)
Domtar (UFS) – Domtar shares rose 16.1 percent in pre-market action after a Bloomberg report said Canada’s Paper Excellence was exploring a deal to buy paper and packaging from the United States. The deal could give Domtar a mid-range value of $ 50 per share, compared with Monday’s close of $ 40.52 per share.