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Discover the companies that make the headlines before the bell:
Exxon Mobil – The energy giant gained 73 cents a share for the second quarter, compared to a consensus estimate of 66 cents a share. The results included a benefit of 12 cents per share resulting from a change in the tax rate. Revenues have exceeded Wall Street forecasts.
Newell Brands – The maker of Sharpie pens, Sunbeam appliances and other consumer products has announced an adjusted quarterly profit of 45 cents per share, or 9 cents per share above estimates. Revenues were in line with badysts' estimates. Newell also gave profit forecasts for the current quarter above the consensus and raised its revenue outlook for the year. In addition, Newell announced that it would retain its Rubbermaid Commercial Products unit, which had been put up for sale.
Restaurant Brands – The parent companies of Burger King, Popeyes and Tim Hortons posted adjusted earnings of 71 cents per share for the final quarter, 6 cents per share above estimates. Revenues were also higher than expected as traffic increased at Burger King and international investment began to bear fruit.
Square-Square gained 21 cents per share adjusted for its last quarter, 4 cents higher than estimates. The mobile payment company's revenues also exceeded expectations, but forecasts for the current quarter were far from Wall Street estimates. Meanwhile, Square has announced the sale of its Caviar food ordering platform to DoorDash as part of a $ 410 million cash purchase and sale contract.
Pinterest – Pinterest has announced an adjusted quarterly loss of 6 cents per share, lower than the loss of 8 cents per share expected by Wall Street. The company's online scrapbooking revenue has been above estimates and Pinterest has reported an increase in the number of monthly active users.
GoPro – GoPro has lost one cent per share compared to estimates, with adjusted quarterly profit of 3 cents per share. The revenues of the manufacturer of high definition cameras were also far from the forecasts of badysts. GoPro has increased its outlook for the second half and has also announced a 15% increase in its subscription services business.
Etsy – Etsy broke consensus expectations of 1 cent per share, with a quarterly profit of 14 cents per share. The incomes of the online craft market operator have missed estimates. Etsy, however, increased its revenue forecast for the year, despite the deficit recorded in the second quarter.
Cloudera – The Cloudera stock is springing up after investor Carl Icahn has announced a 12.6% stake in the cloud software company. Icahn plans to push for change and possibly seek representation on the board
GoDaddy – President and CEO Scott Wagner is leaving his position for health reasons. On September 4th, he will be replaced by Aman Bhutani, CEO of Expedia, as the CEO of the web hosting company.
NetApp – NetApp shares are under pressure after the data storage company warned that current quarter sales and profits would be lower than Street's forecast. The company said it remains confident in its long-term strategy and business model.
Aphria – Aphria announced a surprise tax profit in the fourth quarter, and the Canadian-based cannabis producer also announced earnings higher than badysts' estimates.
Campbell Soup – Campbell sold his Arnott & # 39; s cookie business and other international badets to the private equity firm KKR for $ 2.2 billion.
Toyota – Toyota has lowered its profit forecast for about the entire year by about 6% and expects that a stronger yen will weigh on its results. This comes after the automaker posted an 8.7% rise in its operating profit from April to June, reaching its highest level in almost 4 years.
Herbalife Nutrition – Herbalife reported adjusted quarterly earnings of 70 cents per share, down 7 cents per share from consensus guidance. The nutritional products company's revenues were also below expectations and also gave full-year guidance lower than current Wall Street forecasts.
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