Stocks making the biggest moves premarket: Snowflake, Best Buy, Kohl's, Dollar Tree & more

CNBC Top News ·

Stocks making the biggest moves premarket: Snowflake, Best Buy, Kohl's, Dollar Tree & more

Check out the companies making the biggest moves premarket: Dollar Tree — The discount retailer surged more than 11% after the company reported adjusted earnings of $1.74 per share in the first …

Check out the companies making the biggest moves premarket: Dollar Tree — The discount retailer surged more than 11% after the company reported adjusted earnings of $1.74 per share in the first quarter. Analysts polled by FactSet expected earnings of $1.53 per share. Revenue also came in above expectations, as did current quarter and full-year guidance. The company also announced a partnership with DoorDash to bring on-demand delivery from its stores to consumers. Salesforce — Shares were off 1% after the cloud-based software guided for current-quarter revenue between $11.27 billion to $11.35 billion, while analysts were looking for $11.36 billion, per LSEG. However, Salesforce raised its full-year earnings guidance range. The company also posted a first-quarter earnings and revenue beat. Agilent Technologies — Shares popped 9% after the healthcare equipment provider raised its full-year adjusted earnings guidance to between $6 and $6.10 per share, higher than previous estimates of between $5.90 to $6.04 a share. Agilent also reported a second-quarter beat on both the top and bottom lines. Best Buy — The stock was up almost 8% after an earnings and revenue beat for the first quarter. Comparable sales were up 2% year-over-year, with gaming, computing, mobile phones and services leading the way. The company also reaffirmed its full-year guidance. Marvell Technology — The semiconductor company slipped almost 3% even after posting a rosy outlook for the current quarter. …

Original source: CNBC Top News

Mentioned

FactSet · DoorDash · Best Buy · StreetAccount · Amazon Web Services · Elliott Investment Management