Netgear, Unilever, Whirlpool, Crocs and extra

A buyer selects a bar of Dove cleaning soap, a Unilever product, at a Sainsbury’s grocery store in London, UK

Bloomberg | Getty Photographs

Try the businesses making the headlines earlier than the bell Thursday:

Netgear – Shares of Netgear fell 14.2% after the {hardware} maker reported decrease than anticipated gross sales and revenues for its most up-to-date quarter. The corporate additionally gave indications beneath analysts’ forecasts. Netgear mentioned provide chain constraints and plant closures on account of Covid-19 held again its efficiency.

Unilever – Unilever reported better-than-expected gross sales and earnings for the second quarter, however the client merchandise big additionally mentioned a big enhance in uncooked materials prices would damage its revenue margins for the total 12 months. Its shares fell 4.6%.

Whirlpool – Whirlpool reported adjusted quarterly earnings of $ 6.64 per share, beating the consensus estimate of $ 5.90, with the house equipment maker additionally beating Wall Road expectations. Whirlpool has additionally raised its forecast for the total 12 months as client demand stays robust even within the face of upper costs.

Dow Inc. – Shares of the supplies science agency had been up 1.7% pre-market, after Dow Inc topped earnings estimates by 27 cents with quarterly earnings of $ 2.72 per share. Income additionally exceeded expectations as gross sales benefited from increased costs and tight provide. Dow can be having fun with a bullish second half as world economies enhance.

AT&T – AT&T reported adjusted quarterly earnings of 89 cents per share, 10 cents above estimates, with earnings additionally exceeding Wall Road projections. AT&T added extra wi-fi subscribers than anticipated and likewise noticed a rise in signups to its varied HBO providers, and its shares climbed 1.2% in pre-market buying and selling.

DR Horton – Shares of the homebuilder fell 4.4% in pre-market motion regardless of the corporate reporting stronger-than-expected earnings. DR Horton earned $ 3.06 per share for the second quarter, up from a consensus estimate of $ 2.81. The corporate has additionally raised its income forecast for fiscal 2021.

Southwest Airways – Shares of Southwest fell 2.4% pre-market as its second-quarter lack of 35 cents per share was bigger than the 23-cent loss analysts anticipated. Southwest’s income exceeded estimates, nevertheless, and the airline mentioned it anticipated to stay worthwhile for the rest of the 12 months.

Blackstone Group – The non-public fairness agency reported second quarter earnings per share of 82 cents, 4 cents above estimates. Blackstone has loved a report surge within the worth of its investments in comparison with a 12 months in the past. Blackstone shares climbed 1.6%.

Crocs – Shares of the shoe maker rose 8% after the corporate posted adjusted quarterly earnings of $ 2.23 per share, up from a consensus estimate of $ 1.60. Income additionally exceeded expectations, with Crocs saying it noticed excessive demand for the model all over the world.

Biogen – The drugmaker earned adjusted $ 5.68 per share for the second quarter, up from a consensus estimate of $ 4.54, with income additionally exceeding estimates. Biogen additionally raised its income forecast for 2021 and its shares rose 1.3% in pre-release.

Texas Devices – Texas Devices topped earnings estimates by 22 cents with quarterly earnings of $ 2.05 per share. Income additionally exceeded analysts’ forecasts. Nonetheless, the chipmaker has launched a weaker-than-expected income forecast for the present quarter, elevating issues about weak stock and manufacturing capability. The title misplaced 4.6%.

Las Vegas Sands – Las Vegas Sands misplaced 26 cents a share, 10 cents greater than Wall Road had predicted for the on line casino operator, and income was additionally decrease than estimated. Nonetheless, the corporate mentioned it stays assured a few rebound in journey and tourism. Las Vegas Sands fell 2.2%.

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