Check out the businesses moving quickly before the bell:
Discount retailer Dollar Gen’s shares fell 15.3% after it reported second-quarter profits per share of $2.13, which fell short of the StreetAccount consensus expectation of $2.47. Revenue fell short as well, coming in at $9.80 billion as opposed to the $9.93 billion anticipated. The second-quarter and overall guidance disappointed as well.
Shares of Campbell Soup increased by around 1% after the firm posted revenue of $2.07 billion, which was more than the $2.06 billion analysts surveyed by Refinitiv had predicted. Financial results met expectations.
UBS — UBS posted a second-quarter profit of $28.88 billion, versus the predicted net profit of $12.8 billion, according to a Reuters poll, and its U.S.-listed shares of the Swiss bank surged over 5%.
Shopify — After announcing late on Wednesday that its merchants could use Amazon’s “Buy with Prime” option, the e-commerce platform saw a gain of roughly 7%.
Salesforce – Following its earnings beat after the bell on Wednesday, the software company increased 6.2%. According to Refinitiv, adjusted earnings per share for the second quarter were $2.12 compared to the average estimate of $1.90. The amount of revenue exceeded expectations and came in at $8.60 billion. Goldman Sachs then increased their price estimate by $15 to $340 per share, suggesting a 58% gain.
Source (CNBC)
