Try the businesses making headlines earlier than the bell:
Regeneron Prescription drugs (REGN) – The drug maker’s shares rallied 2.7% within the premarket after it reported a major beat on each the highest and backside strains for its newest quarter. Regeneron earned an adjusted $15.37 per share, nicely above the $10.10 consensus estimate, on sturdy gross sales of its Covid-19 antibody cocktail in addition to different remedies.
Planet Health (PLNT) – The health middle operator’s inventory surged 4.7% in premarket motion after beating on the highest and backside strains and elevating its full-year income forecast. Planet Health earned an adjusted 25 cents per share for its newest quarter, 7 cents above estimates.
ViacomCBS (VIAC) – ViacomCBS rose 1.2% in premarket buying and selling after its quarterly earnings matched estimates and income got here in higher than anticipated. Outcomes acquired a lift from energy within the firm’s streaming and TV companies.
Moderna (MRNA) – Moderna tumbled 12.1% in premarket motion, following quarterly shortfalls in each earnings and income in addition to a lower within the drug maker’s full-year earnings outlook. Moderna earned $7.70 per share for its newest quarter versus the $9.05 consensus estimate.
Wayfair (W) – The web dwelling items vendor slid 4.4% within the premarket after it reported an surprising quarterly revenue however noticed income fall under analyst forecasts. Wayfair famous that spending has began to transition towards brick-and-mortar shops post-pandemic and it might take a couple of quarters for its progress to return to regular ranges.
Reserving Holdings (BKNG) – Reserving Holdings rallied 4.6% within the premarket after the journey firm reported better-than-expected revenue and income for its newest quarter. The Priceline dad or mum earned an adjusted $37.70 per share, in contrast with the $32.90 consensus estimate, and buyers to date are shrugging off the corporate’s cautionary feedback a few Covid-19 resurgence in Europe.
Qualcomm (QCOM) – Qualcomm beat estimates by 29 cents with adjusted quarterly earnings of $2.55 per share, and the chip maker’s income additionally beat forecasts. Qualcomm additionally forecasts sturdy progress, pushed by calls for for 5G smartphone expertise. Shares jumped 8.3% in premarket buying and selling.
Digital Arts (EA) – Digital Arts reported an adjusted quarterly revenue of $1.49 per share, in contrast with a consensus estimate of $1.17. The online game maker additionally beat on the highest line. EA additionally raised its full-year outlook amid energy in its sports-themed video games. Digital Arts added 2.9% within the premarket.
Take-Two Interactive (TTWO) – Take-Two had 1 / 4 that mirrored rival Digital Arts, beating on each the highest and backside strains, and elevating its outlook. Take-Two reported adjusted earnings of $1.63 a share, beating the consensus estimate of $1.34, and its inventory added 1.1% in premarket motion.
Roku (ROKU) – Roku shares slid 7.9% in premarket buying and selling regardless of an earnings beat. The video-streaming system maker earned 48 cents per share for its newest quarter, nicely above the 6-cent consensus estimate, however income fell in need of forecasts and the corporate issued a lower-than-expected income forecast for the vacation quarter.
Etsy (ETSY) – The web crafts market issued weaker-than-expected current-quarter income steering though it did beat forecasts for its most up-to-date quarter, coming in 8 cents above estimates with earnings of 62 cents per share.
MGM Resorts (MGM) – MGM rallied 4.3% within the premarket after saying plans to promote the operations of its Mirage on line casino in Las Vegas to a different operator. MGM stated no gross sales settlement has been reached, nevertheless, and it didn’t disclose the identify of any potential patrons.