Stocks making the biggest moves midday: Apple, CVS Health, Clorox & more

Stocks making the biggest moves midday: Apple, CVS Health, Clorox & more

These are companies making headlines midday Wednesday, May 1st 2019:

Apple — Apple gained 4.9% after the release of its fiscal second-quarter results. Apple reported earnings of per share of $2.46, 10 cents above a Refinitiv estimate. Revenue also topped expectations. Apple raised its revenue guidance for the next quarter to between $52.5 and $54.5 billion, surpassing analyst expectations.

CVS Health — Shares of the retail pharmacy company jumped 5.4% after the company reported strong first-quarter earnings and raised its full-year forecast. CVS reported adjusted earnings of $1.62 per share versus a Refinitiv estimate of $1.50. CVS also hiked its 2019 profit forecast to between $6.75 and $6.90 per share.

Clorox — Clorox dropped 7.2% after the company reported lower-than-expected earnings. The consumer product company reported earnings of $1.44 per share, 1 cent below a Refinitiv estimate. Clorox cited more competition in in certain markets and said it will be “aggressively addressing” these issues.

Some others companies include Mondelez, Advanced Micro Devices, and Chubb. You can read more at the source, CNBC News.

2 Responses

  1. Thank you for sharing superb informations. Your website is very cool. I am impressed by the details that you’ve on this website. It reveals how nicely you understand this subject. Bookmarked this web page, will come back for extra articles. You, my friend, ROCK! I found just the info I already searched all over the place and simply couldn’t come across. What an ideal website.

  2. vurtil opmer says:

    I am not sure where you’re getting your information, but great topic. I needs to spend some time learning much more or understanding more. Thanks for wonderful information I was looking for this info for my mission.

Leave a Reply

Your email address will not be published. Required fields are marked *