Check out which companies are making headlines before the bell on Tuesday:
Home Depot – The home improvement retailer reported quarterly profit of 95 cents per share, five cents above estimates, with revenue also beating consensus. Home Depot also raised its sales and earnings forecast for the full year, saying an improving housing market is among the factors improving the company's results.
Campbell Soup – The soup maker earned 66 cents per share, excluding certain items, for its first quarter, 20 cents below estimates. Revenue fell short of consensus as well, and the company also cut its full year guidance. Campbell said its performance was hurt by inventory movements at U.S. retailers, among other factors, but said this quarter is off to a solid start.
Best Buy – The electronics retailer beat estimates by six cents with quarterly profit of 18 cents per share, excluding certain items. Revenue came in above forecasts, and the company said cost controls and better efficiency helped the bottom line, along with improved sales. But the stock is being pressured by a warning of a fourth quarter "margin hit" that will be at the higher end of prior estimates.