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Home / Business / CVS, Office Depot, Wendy's, Cambrex, Hertz and more

CVS, Office Depot, Wendy's, Cambrex, Hertz and more



Check out companies that exceed pre-watch hours:

CVS Health – CVS reported an adjusted quarterly earnings of $ 1.89 per share, 20 cents per share above estimates. Revenues also surpassed forecasts, as sales in the same store rose 4.2%. CVS also raised its full-year guidance as it continues to benefit from the acquisition of insurance company Aetna, as well as increase sales of prescription drugs.

Capri Holdings – The company formerly known as Michael Kors reported an adjusted quarterly profit of 95 cents per share, 5 cents per share above projections. However, revenues were slightly below projections, and Capri reduced its outlook for the entire year on weaker demand for Michael Kors-branded products.

CyberArk Software ̵

1; The cybersecurity company earned adjusted penny 59 per share for the last quarter, 12 cents per share above estimates. Revenues were also above analysts' estimates, earning customer base growth. The company also raised its full-year forecast.

Office Depot – The Office Product Dealer estimated 2 cents per share, with adjusted quarterly earnings of 7 cents per share. Revenues were consistent with Street forecasts, helped by stronger results in their business-to-business performance.

Teva Pharmaceutical – The medicine manufacturer came in 3 cents a share above the projections, with adjusted quarterly earnings of 60 cents per share. Revenue above topped estimates. Separately, the company announced the resignation of CFO Michael McClellan for personal reasons.

Wendy & # 39; s – The restaurant chain beat forecasts by a penny a share, with adjusted quarterly earnings of 18 cents a share. Revenues missed forecasts. A North American sales increase in the same store of 1.4% was slightly above consensus forecasts.

Cambrex – The drug developer agreed to be purchased by an associated Permira fund for $ 60 per share in cash, 47% above Tuesday's closing price. The deal is valued at $ 2.4 billion, including estimated debt.

Lumber Liquidators – The floor manufacturer matched estimates with adjusted quarterly earnings of 7 øre per share. However, revenue missed forecasts, and the company also cut sales forecast for the entire year when it sees customer traffic for software.

Walt Disney – Disney missed consensus estimates of 40 cents per share, with adjusted quarterly earnings of $ 1.35 per share. Revenues also fell below forecasts. Disney said the $ 70 billion integration into assets acquired from the former 21st Century Fox was responsible for the missing.

Wynn Resorts – Wynn matched forecasts with adjusted quarterly earnings of $ 1.44 per share, with the casino operator's earnings slightly above analysts. estimates. The company said strength in Macau and positive hotel revenues in Las Vegas helped achieve results.

Weight Watchers – Weight Watchers came in at 14 cents per share above consensus forecasts, with quarterly earnings of 78 cents per share. Weight loss company revenue missed forecasts. Weight Watchers also raised its full-year forecast when it sees positive results for recruiting members.

Match Group – Match reported better results than expected for its second quarter, and the data service operator also lifted its full-year forecast. Match's performance was partly helped by strong subscriber growth at the Tinder service.

Walgreens Boots Alliance – Walgreens said it planned to close about 200 US stores in a move that it says will provide annual cost savings of more than $ 1.5 billion by 2022.

Twitter – Twitter said it may have used data for personal ads without the permission of the account holder. It discovered and solved the problem earlier this week, though it has not yet determined who may have been affected.

Papa John's – Papa John's reported adjusted quarterly earnings of 28 cents per share, 2 cents per share shy of Street forecasts. The pizza chain's revenue was above the projections. Papa Johns also forecasts a loss of 10 øre to 40 øre per share for 2019, compared with earlier estimates of recovery to a profit of 50 øre per share.

Hertz – Hertz reported adjusted quarterly earnings of SEK 0.74 per share, well above the consensus estimate of NOK 0.37 per share. The car rental company's revenue exceeded Wall Street forecasts and rose to a record high. Hertz said the bottom line was helped by productivity improvements.


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