Take a look at some of the biggest moving agents in the premarket:
Verizon (VZ) – Verizon reported quarterly earnings of $ 1.31 per share, 2 cents per share above estimates. Revenue also exceeds analysts’ forecasts. Verizon lost more wireless subscribers this quarter than analysts had anticipated.
Welbilt (WBT) – Welbilt shares rose 14.8% in the premarket after the food service equipment maker agreed to be bought by rival Middleby (MIDD) in a share transaction with a default value of $ 4.3 billion.
Anthem (ANTM) – The health insurer earned $ 7.01 per share in the last quarter, exceeding estimates by 50 cents per share. Revenues fell from Wall Street projections. Anthem has also raised its prospects throughout the year, amid growing its various medical plans and higher revenues from managing pharmaceutical benefits. The stock increased by 1.6% in premarket trading.
Halliburton (HAL) – Halliburton shares rose 2.4% in premarket stock after exceeding estimates by 2 cents a share, with a quarterly profit of 19 cents a share. Revenues were also above estimates, with the oil services company saying its North American business continues to have a healthy recovery.
Baker Hughes (BKR) – The oil services company’s shares rose 1.2% in premarket stock after reporting quarterly earnings of 12 cents a share, a penny a share above estimates. Revenues were essentially in line with expectations. The profit decreased by 40% compared to a year ago, affected by the severe winter weather.
Nasdaq (NDAQ) – The stock trader earned $ 1.96 a share in the first quarter, 23 cents a share above estimates. Revenues also came above street forecasts. The results were stimulated by the double-digit increase in trading income and fixed income. Nasdaq also announced a 10% increase in dividends.
Netflix (NFLX) – Netflix fell 8.7% in premarket trading, even after exceeding estimates for both the top and bottom lines for the last quarter. Investors are focusing on growing weaker subscribers than expected for the streaming video giant.
CSX (CSX) – CSX fell 2 cents per share below estimates, with quarterly earnings of 93 cents per share. The revenues of the railway operator exceeded the forecasts. Pandemic outages and higher fuel costs have entered the bottom line of the CSX. CSX was down 1% in premarket trading.
Moderna (MRNA) – The shares of the drug manufacturer gained 1.1% in premarket trading after concluding a new agreement to supply the Covid-19 vaccine with Israel for 2022. Israel also received an option to buy vaccine doses designed to treat specific variants of the virus.
Norwegian Cruise Line (NCLH) – Norwegian shares rose 2.4% in the premarket after Goldman Sachs upgraded the cruise line operator to “buy” from “neutral”. Goldman cited several positive factors, including the increase in Norwegian capacity and the reduced leverage compared to its colleagues.
Intuitive Surgical (ISRG) – Intuitive Surgical earned $ 3.52 per share in the last quarter, well above the consensus estimate of $ 2.63 per share. The revenues of the manufacturer of surgical devices also exceed the forecasts, the procedures that use the company’s devices increase as the Covid-19 pandemic relaxes. The stock gained 3.9% in premarket trading.
ASML (ASML) – ASML gained 3.6% in premarket stock after reporting better-than-expected profit in the first quarter as semiconductor equipment supplier benefited from global chip demand growth. ASML also raised its outlook throughout the year.
Tenet Healthcare (THC) – Tenet reported a quarterly profit of $ 1.30 per share, compared to a 72-cent consensus estimate of the share. The hospital operator’s revenues were slightly higher than expected. Tenet said he was able to successfully address the challenges of both the pandemic and winter storms and also gave an optimistic outlook. The principle added 2.7% in premarket trading.
Interactive Brokers (IBKR) – Interactive Brokers came up with 7 cents per share above estimates, with quarterly earnings of 98 cents per share. Revenues were well above estimates, with a 53% increase in trading fees. The stock added 2.1% in premarket trading.
Edwards Lifesciences (EW) – Edwards shares gained 3.8% in the premarket after exceeding estimates by 7 cents per share, with a quarterly profit of 54 cents per share. Revenues were also above consensus forecasts, and the medical device company also raised its year-round forecast for an anticipated increase in demand for heart-related procedures.