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Campbell & # 39; s Soup products stand on a store shelf
David McNew | Getty Images
Discover the companies that make the headlines Wednesday noon:
Salesforce – Shares of the Salesforce cloud computing software company grew 3.7% from the first quarter, exceeding analysts' expectations. Revenues were $ 3.74 billion, exceeding Refinitiv's estimate of $ 3.68 billion. Earnings per share totaled 93 cents, up from expectations of 61 cents per share.
Campbell Soup – Campbell Campbell Soup shares rose more than 8% after raising its annual earnings guidance. For the full year, Campbell expects an adjusted profit of between $ 2.50 and $ 2.55 per share, compared to the previous forecast, which ranged from 2.45 to $ 2.53. The food company also announced a solid quarterly profit of 56 cents per share for a turnover of $ 2.388 billion. Wall Street expects earnings per share of 47 cents on a $ 2.665 billion business figure, according to Refinitiv.
Vera Bradley – The shares of the purse maker have increased more than 7% after the company released a quarterly turnover higher than estimates. The company's sales totaled $ 91 million in the first quarter, exceeding FactSet's estimate of $ 87.9 million. Vera Bradley also posted sales comparable to those of analysts.
Cronos Group – Bank of America has encouraged the Canadian pot company to move from underperforming to superior performance, increasing its growth by 8.8%. The analyst cited "improved confidence" in Cronos, because of its prospects for expansion in the United States.
GameStop – The shares of the video game retailer have fallen more than 30% after the company released disappointing quarterly figures and announced the cancellation of its quarterly dividend. GameStop also said it expects sales in 2019 to fall by 5% to 10%.
American Eagle Outfitters – The shares of American Eagle jumped 3.8% after posting better than expected results in the first quarter. The retailer reported earnings per share of 24 cents, exceeding the Refinitiv estimate by 3 cents. Revenues were $ 886.3 million, exceeding $ 855.6 million. Same store sales surpassed expectations, up 6%, while analysts expected a 3.1% increase.
Uber Technologies – The Uber stock rose 3.1% after Raymond James launched the stock with outperformance. Raymond James predicted that Uber's revenues would increase by more than 25% over the next five years.
Roku – Roku shares jumped 6.6% after a Guggenheim analyst raised stocks to make them neutral and raised his 12-month price target from 119 USD to 119 USD per share action. Guggenheim spoke of the strong growth in video advertising and other indicators of the upgrade.
Norwegian Cruise Line – Norwegian Cruise Line shares were downgraded to neutral after being bought in Buckingham, losing 5% on the day. The company said the cruise company was facing profit growth risks due to restrictions on travel to Cuba. Buckingham also reduced its price target on the stock from $ 77 to $ 56.
-Nadine El-Bawab and Maggie Fitzgerald of the CNBC contributed to this report.
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