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Early movers: PG, UPS, MCO, MSFT, DD, AMZN & more

Friday, 25 Oct 2013 | 8:02 AM ET

Check out which companies are making headlines before the bell on Friday:

Procter & Gamble – The consumer products company matched Street estimates with fiscal first quarter earnings of $1.05 per share, excluding certain items. Revenue was slightly above estimates, and the company said it is on track to deliver previously stated goals for the fiscal year.

UPS – UPS reported third quarter profit of $1.16 per share, beating estimates by a penny, with revenues essentially in line. UPS saw an increase in business from e-commerce, as well as strong European export growth.

Moody's – The rating agency saw third quarter profit of 83 cents per share beat estimates by a penny, but revenue was shy of consensus. The company said it saw volatile market conditions as well as challenging comparisons to the prior year.


Newell Rubbermaid– The maker of household products earned 52 cents per share for the third quarter, excluding certain items, beating estimates by three cents. Revenue was slightly below consensus, but Newell did benefit from cost controls as well as improvement in its Latin American markets.

Eaton Corp. – Eaton matched estimates with quarterly profit of $1.12 per share, but revenue fell below estimates. The diversified manufacturing company also cut its full year profit forecast, on weakness in trucks and hydraulic products.

Sherwin-Williams – The paint company reported third quarter profit of $2.68 per share, excluding certain items, four cents above estimates, with revenue beating consensus as well. However, its current quarter EPS forecast falls largely below analyst estimates.

Simon Property Group – The mall operator beat estimates for both earnings per share and funds from operations, with revenue above consensus as well. Simon also raised its quarterly dividend to $1.20 per share from $1.15.

Microsoft – Microsoft reported fiscal first quarter profit of 62 cents per share, eight cents above estimates, with revenue coming in above forecasts as well. Microsoft's results were aided by upbeat sales for its server software as well as its Office software suite.

DuPont - The company will spin off its performance chemicals unit into a separate publicly-traded company. That follows a number of calls over the past few years for the company to shed that unit.

Amazon.com – The online retail giant reported a third quarter loss of nine cents per share, matching Wall Street estimates. However, its revenue came in above estimates, and the company gave indications that it would have a strong holiday season performance.

Zynga – Zynga lost two cents per share for the third quarter, compared to Street estimates of a four cent loss. The online gaming company also saw revenue come in above estimates, and Zynga said it also expects to be profitable, on an adjusted basis, for the coming year.

Outerwall (OUTR) – The company formerly known as Coinstar reported third quarter profit of 97 cents per share, nine cents above estimates, with revenue beating consensus as well. The parent of the Redbox video rental business also predicted full year profit above analyst forecasts.

Deckers Outdoor – Deckers earned 95 cents per share for the third quarter, 23 cents above estimates, with revenue beating analyst estimates as well. Those results also exceeded the footwear maker's prior forecasts, and Deckers also gave an upbeat outlook for the full year.

Wynn Resorts – The hotel and resort chain reported third quarter profit of $1.84 per share, excluding certain items, 18 cents above estimates. Wynn has been benefitting by the increasing popularity of gambling in Macau.

Western Digital – The company beat estimates by seven cents with fiscal first quarter profit of $2.12 per share, excluding certain items, and also saw revenue beat forecasts. The maker of hard disk drives was able to sell more higher profit margin products during the quarter.

Netgear – Netgear matched Street estimates with third quarter profit of 58 cents per share, excluding certain items. Revenue was above estimates, but the maker of networking gear gave a fourth quarter revenue outlook that was below analyst forecasts.

Eastman Chemical – Eastman earned $1.68 per share for the third quarter, four cents above estimates, as sales grew. However, the chemical maker also lowered its full year forecast because of headwinds in several of its businesses.

Cliffs Natural Resources – The company missed estimates by six cents with third quarter profit of 65 cents per share, excluding certain items. However, the mining company did see improved iron ore prices as well as lower costs.

Express Scripts – Express Scripts matched estimates with third quarter profit of $1.08 per share, excluding certain items. Revenue was above Street consensus for the pharmacy benefits manager.

—By CNBC's Peter Schacknow

Questions? Comments? Email us at marketinsider@cnbc.com

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Featured

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • Sharon Epperson is CNBC's senior commodities and personal finance correspondent.

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

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