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Early movers: SBUX, TWC, ABC, CAH, AVP, FB & more

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

Cigna – The insurance company posted third quarter profit of $1.89 per share, excluding certain items, well above estimates of $1.63.The company cited strong performance from all its business segments.

Time Warner Cable – The cable operator reported third quarter profit of $1.69 per share, excluding certain items, exceeding estimates by four cents, with revenues essentially in line. The company said its subscriber activity was hurt by disputes with CBS and others.

Mylan – The generic drug maker posted third quarter profit of 82 cents per share, two cents above estimates, though revenue was shy of consensus. Mylan said its quarter was strong despite delays in FDA approvals for new products.


AmerisourceBergen – The drug wholesaler earned 79 cents per share for its fourth quarter, five cents above estimates, with revenue also beating estimates. The company is in the midst of implementing an alliance with Walgreen's, and said the first phase of that implementation has been successful.

Cardinal Health – The drug wholesaler earned $1.10 per share for its first quarter, beating estimates of 86 cents, with revenue also above consensus. Cardinal's margins are also expanding, and the company raised its full year earnings forecast.

Avon Products – The personal products maker reported third quarter profit of 14 cents per share, excluding certain items, five cents short of estimates, with revenue falling short as well. In a blunt press release, CEO Sheri McCoy said the quarter was "tough", hurt by macroeconomic headwinds and continued weakness in some of its North American businesses.

ConocoPhillips – The energy producer earned $1.47 per share for the third quarter, excluding certain items, two cents above estimates. Revenue also exceeded analyst forecasts, as the company was helped by higher oil and natural gas prices.

Discovery Communications – The cable channel operator earned 80 cents per share for the third quarter, exceeding estimates of 72 cents. The company said consistent viewership gains are being translated into strong advertising growth.

Facebook – Facebook reported third quarter profit of 25 cents per share, excluding certain items, beat estimates by six cents. Revenue beat consensus on strong growth in mobile ads, but Facebook also said it was not planning to increase the frequency of ads it shows to users.

Visa – The credit card giant earned $1.85 per share for its fourth quarter, matching estimates, with revenue falling below consensus. However, the company did maintain its full year forecast and also announced a new $5 billion stock buyback.

Starbucks – Starbucks beat estimates by three cents with fiscal fourth quarter profit of 63 cents. However, its 2014 profit forecast is below Street estimates, even though customer traffic and spending in its stores have been on the rise.

Kraft Foods Group – Kraft earned 65 cents per share, excluding certain items, for the third quarter, missing estimates by four cents. Revenue also fell below analyst forecasts, with the quarter impacted by moves related to its 2012 spinoff of Mondelez.

Weight Watchers – Weight Watchers reported third quarter profit of $1.07 per share, well above estimates of 83 cents, with revenue beating forecasts as well. However, the operator of weight loss programs also said 2014 would be a "challenging" year because of fewer customers, and it also suspended its dividend.

Expedia – The company beat estimates by eight cents with third quarter profit of $1.43 per share, excluding certain items, with revenue slightly above consensus. The travel service web site operator was helped by increased bookings.

Sony – Sony cut its full year profit forecast after reporting a quarterly loss. Its results were hurt by movies that performed poorly at the box office, like "White House Down".

Anheuser-Busch InBev –The beer brewer reported a 31 percent increase in third quarter profits, as higher prices and cost cutting helped make up for lower sales volumes.

McDonald's– The fast food behemoth will begin selling bagged coffee next year at supermarkets and other retailers, in partnership with Kraft Foods.

—By CNBC's Peter Schacknow

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

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  • Patti Domm

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

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