Stocks making the biggest moves premarket: Apple, Estee Lauder, Roku, Reddit, Roblox and more

CNBC Top News ·

Stocks making the biggest moves premarket: Apple, Estee Lauder, Roku, Reddit, Roblox and more

Check out the companies making the biggest moves premarket: Apple — Shares were up 3.5%. For the fiscal second quarter , Apple's earnings came in at $2.01 per share, while revenue landed at $111.18 …

Check out the companies making the biggest moves premarket: Apple — Shares were up 3.5%. For the fiscal second quarter , Apple's earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. Still, the company's iPhone sales missed estimates for the second time in three quarters. Roku — The streaming stock popped 7% after Roku posted first-quarter revenue of $1.25 billion, beating the expected $1.20 billion, per FactSet. The company's $148.4 million adjusted EBITDA was also ahead of estimates calling for $131.3 million. The company also sees adjusted EBITDA, revenue and gross profit for its current quarter coming above analysts' expectations. Estee Lauder — Shares rose more than 11% after the cosmetics company reported better-than-expected third quarter sales in its earnings report. The company reported earnings of $0.91 per share and $3.71 billion in revenue, compared to estimates for $0.65 in earnings per share and $3.69 billion in revenue, according to analysts polled by FactSet. Estee Lauder also announced plans to cut more jobs as part of its turnaround plan. Amgen — The biotechnology stock slipped almost 2% after the company only slightly increased its guidance for the full year. Amgen is calling for adjusted earnings of $21.70 to $23.10 per share, up from its earlier guidance of $21.60 to $23 per share. …

Original source: CNBC Top News

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