Check out the companies creating headlines before the bell:
CVS Health – CVS reported adjusted quarterly profit of $1.48 per share, 7 cents a share above estimates. Revenue also beat forecasts. The company’s results got a boost by higher sales of prescription drugs at its stores, among some other factors.
Clorox – Clorox beat estimates by 6 cents a share, earning $1.37 per share for its latest quarter. The household products maker also saw revenue beat estimates, yet did see its profit margins impacted by higher commodity costs.
Estee Lauder – The cosmetics company earned an adjusted $1.17 for its latest quarter, beating consensus forecasts by 10 cents a share. Revenue also beat estimates as well as also also the company gave an upbeat 2018 forecast as well.
Garmin – The maker of GPS devices reported quarterly profit of 68 cents per share, 12 cents a share above estimates. Revenue also topped estimates amid strong growth across categories like fitness, aviation, marine, as well as also also outdoor.
Molson Coors – The beer brewer fell 30 cents a share short of estimates, with adjusted quarterly profit of 48 cents per share. Revenue also fell short amid what the company calls weak U.S. industry conditions.
Yum Brands – The parent of KFC, Pizza Hut, as well as also also Taco Bell came in 22 cents a share above estimates, with quarterly earnings of 0 cents per share. Revenue beat estimates, yet comparable-store sales did not.
Automatic Data Processing – The payroll processor edged out estimates by a penny a share, with quarterly profit of $1.45 per share. Revenue exceeded forecasts, as well, as well as also also the company raised its full-year earnings forecast.
Generac – The maker of power generators for homes as well as also also businesses reported adjusted quarterly profit of 74 cents per share, 11 cents a share above estimates. Revenue also beat Street forecasts, powered by a better than 20 percent increase in organic sales.
Humana – Humana’s Medicare Advantage business helped the health insurer beat estimates by 17 cents a share, with adjusted quarterly profit of $3.36 per share. Revenue beat forecasts, as well as also also the company raised its full-year guidance.
Apple – Apple came in 6 cents a share ahead of estimates, with quarterly profit of $2.73 per share. Revenue also above Street forecasts. Apple also increased its quarterly dividend by 16 percent to 73 cents per share, as well as also also announced a $100 billion stock buyback program. IPhone shipments did come in slightly below consensus forecasts for the quarter.
Xerox – CEO Jeff Jacobson as well as also also most of the company’s board will step down as part of a settlement with major Xerox shareholders Carl Icahn as well as also also Darwin Deason. The settlement comes after Icahn as well as also also Deason won a court order temporarily blocking the office equipment maker’s plan to sell a controlling stake to Japan’s Fujifilm.
Snap – Snap posted an in-line loss of 17 cents per share for its latest quarter, yet the Snapchat parent’s revenue missed forecasts as well as also also its forward guidance as well as also also daily active users were weaker than estimates as well. of which follows a redesign of the Snapchat app of which’s received a mixed reaction.
Gilead Sciences – Gilead fell 19 cents a share shy of estimates with adjusted quarterly profit of $1.48 per share, as well as also also the biotech company’s revenue also fell short of Street forecasts. The results were hurt by a bigger than expected drop in sales of Gilead’s hepatitis C drugs.
T-Mobile US – T-Mobile reported quarterly profit of 78 cents per share, 7 cents a share above estimates, with the wireless carrier’s revenue also above forecasts as of which added more subscribers.
Mondelez International – Mondelez edged out consensus estimates by a penny a share, with adjusted quarterly profit of 62 cents per share. The snack maker also saw revenue come in above forecasts as well as also also Mondelez said of which says “encouraging” growth prospects.
Amazon.com – Amazon is usually planning fresh benefits for Prime members who shop at its Whole Foods unit, according to sources who spoke to CNBC. Among them: an extra 10 percent off already-discounted products at the supermarket chain.
Shutterfly – Shutterfly lost 69 cents per share for its latest quarter, smaller than the 93 cent a share loss predicted by Wall Street analysts. The online photo service’s revenue topped estimates as well as also also Shutterfly boosted its guidance for the full year.
Tesla – Tesla was sued by Utah-based Nikola Motor for patent infringement involving the automaker’s Tesla Semi, its electric heavy duty truck. Nikola said the design is usually “substantially” similar to the patented design used in its Nikola One truck.
Novartis – The drugmaker won Food as well as also also Drug Administration approval for use its cell therapy treatment Kymnah for patients with lymphoma.
Juniper Networks – Juniper reported quarterly profit of 28 cents per share, 2 cents a share above estimates. The networking gear maker seeing revenue above forecasts, as well. Juniper also raised its current quarter forecast as demand by its data center customers increases.