UBS Cuts Price Target on Clorox (CLX) to $111 Following 1Q EPS Miss
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities turn lower, as fragile yen remains on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Clorox (CLX) Misses Q1 EPS by 6c; Reaffirms Guidance
November 2, 2016 6:33 AM EDTClorox (NYSE: CLX) reported Q1 EPS of $1.36, $0.06 worse than the analyst estimate of $1.42. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.43 billion.
GUIDANCE:
Clorox maintains sees FY2017 excluding ASU EPS of $5.13-$5.28,... More
Trading Radar for 11/2: Facebook (FB), Qualcomm (QCOM), Alibaba (BABA), Yelp (YELP), Allstate (ALL), Fitbit (FIT) Report
November 1, 2016 2:56 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:15am EDT
Earnings:
1-800-FLOWERS.com (NYSE: FLWS) - consensus loss $0.23
Alibaba (NYSE: BABA) - consensus EPS $0.69
Alkermes plc (Nasdaq: ALKS) - consensus loss $0.06
Allergan (NYSE: AGN) - consensus EPS $3.65
AmerisourceBergen (NYSE: ABC) - consensus EPS... More