The Coca-Cola CompanyReported earnings and revenue beat and raised full-year outlook
Coca-Cola and Sherwin-Williams were among the biggest premarket movers after both companies reported quarterly results that exceeded expectations and raised their full-year outlooks. Coca-Cola shares rose 2% after posting adjusted earnings of 97 cents per share on revenue of $13.38 billion, topping analyst estimates. Sherwin-Williams climbed nearly 6% with adjusted earnings of $3.70 per share on $6.79 billion in revenue, also beating forecasts and lifting its full-year earnings guidance. Johnson & Johnson gained more than 2% after agreeing to pay $5.5 billion to settle talc-related ovarian cancer lawsuits. Hilton Worldwide fell 2.7% after issuing third-quarter earnings guidance below consensus, while Universal Health Services dropped 3% on a lowered full-year outlook. Welltower advanced 4.5% after raising its full-year normalized funds from operations forecast above estimates, and Happen, formerly LendingClub, surged more than 6% on stronger-than-expected full-year earnings guidance.
The Coca-Cola CompanyReported earnings and revenue beat and raised full-year outlook
Coca-Cola Europacific Partners PLC
LendingClub CorpHappen issued stronger-than-expected full-year earnings guidance.
PayPal Holdings Inc
Sherwin-Williams CoReported earnings beat and raised full-year earnings guidance
Nucor Corp
Cadence Design Systems Inc
Rambus Inc
Cincinnati Financial Corporation
Principal Financial Group Inc
Hilton Worldwide Holdings IncIssued Q3 earnings guidance below consensus
Johnson & JohnsonAgreed to pay $5.5 billion to settle talc-related ovarian cancer lawsuits
Universal Health Services IncLowered full-year outlook
Welltower IncWelltower raised its full-year normalized funds from operations forecast above estimates.
The Boeing Company
F5 Networks Inc