Check out among the greatest movers within the premarket:
CVS Health (CVS) – The drug retailer and pharmacy advantages administration firm earned $2.04 per share in the first quarter, above the consensus estimate of $1.72 a share. Income additionally got here in above Wall Road forecasts. CVS noticed increased gross sales at its shops, with buyer site visitors spurred by Covid-19 vaccination visits. CVS additionally raised its full-year forecast, and its shares rose 3% within the premarket.
iRobot (IRBT) – iRobot earned 41 cents per share in the course of the first quarter, in comparison with a consensus estimate of 9 cents a share. The maker of the Roomba robotic vacuum’s income exceeded estimates as effectively, nevertheless the inventory tumbled 8.6% within the premarket on issues about delivery and element prices.
Pfizer (PFE) – The drugmaker beat estimates by 16 cents a share, with quarterly revenue of 93 cents per share. Income additionally got here in above forecasts and the corporate raised its full-year steerage as gross sales of its Covid-19 vaccine proceed to be stronger than anticipated. Moreover, the Meals and Drug Administration is ready to authorize the vaccine to be used in adolescents aged 12-15, based on federal officers aware of the plan who spoke to The New York Occasions. Pfizer shares added 1.3% in premarket buying and selling.
Vaxart (VXRT) – Vaxart surged 18.6% in premarket buying and selling after it reported optimistic leads to a section 1 trial of its oral Covid-19 vaccine. Vaxart mentioned the vaccine might be simply as efficient because the injected vaccines developed by Pfizer and Moderna (MRNA).
Under Armour (UAA) – The athletic attire maker’s inventory climbed 2.8% in premarket motion after it reported first-quarter profit of 16 cents per share, effectively above the three cents a share consensus estimate. Income additionally topped analysts’ forecasts and Underneath Armour raised its full-year outlook as reopening markets spur demand for sneakers and attire. Individually, the corporate agreed to pay $9 million to settle a Securities and Trade Fee probe into its accounting.
DuPont (DD) – The economic supplies maker reported quarterly revenue of 91 cents per share, 15 cents a share above estimates. Income additionally topped analysts’ forecasts. DuPont is seeing robust demand for its merchandise from semiconductor makers in addition to vehicle markets, and the corporate raised its full-year revenue and income forecast.
XPO Logistics (XPO) – XPO reported quarterly earnings of $1.46 per share, effectively above the consensus estimate of 97 cents a share. The transportation firm’s income was additionally above Wall Road forecasts, reaching document ranges in sharp distinction to regular seasonal traits. XPO additionally raised its full-year forecast, however its shares misplaced 1.2% in premarket motion.
Avis Budget (CAR) – Avis Price range misplaced 46 cents per share for the primary quarter, smaller than the lack of $2.16 a share predicted by analysts. The automobile rental firm’s income beat Wall Road forecasts as effectively amid a bounce in demand and extra stable pricing for automobile leases. The inventory fell 1.4% in premarket motion regardless of the upbeat outcomes.
Qiagen (QGEN) – Qiagen reported better-than-expected earnings and gross sales for its newest quarter, because the genetic testing firm noticed growing demand for non-coronavirus merchandise in addition to power in its Covid-19 testing enterprise.
SmileDirectClub (SDC) – SmileDirectClub mentioned its current-quarter gross sales will likely be damage by an April cyberattack, costing it between $10 million and $15 million. The maker of teeth-straightening methods mentioned it efficiently blocked the assault and restored its methods to regular. The inventory misplaced 9.2% within the premarket. (Disclosure: NBC Nightly Information investigated SmileDirectClub’s buyer complaints in February. The corporate accused NBCUniversal of publishing false details about the corporate and is in search of $2.85 billion for defamation.)
Domtar (UFS) – Domtar shares soared 16.1% in premarket motion following a Bloomberg report that mentioned Canada’s Paper Excellence is exploring a deal to purchase its U.S.-based paper and packaging rival. A deal might worth Domtar within the mid-$50 per share vary, in comparison with Monday’s shut of $40.52 a share.