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Showing posts with the label Biggst Moves Premarket.

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves in the premarket: Target, Lowe's, McKesson, Harley-Davidson & more

Peter Schacknow 4-5 minutes - Source: CNBC Take a look at some of the biggest movers in the premarket: Target (TGT) – Target earned 59 cents per share for the first quarter, beating the consensus estimate of 40 cents a share. Revenue beat forecasts as well. Comparable store sales rose 10.8%, beating projections of a 7.5% increase, with the bulk of the growth driven by a surge in digital sales. Lowe’s (LOW) – The home improvement retailer reported quarterly earnings of $1.77 per share , well above the $1.32 a share consensus estimate. Revenue also topped estimates, driven by an 11.2% jump in comparable-store sales. Analysts had been expecting a same-store sales increase of 3.3%. Lowe’s withdrew its full-year forecast due to virus-related uncertainties. McKesson (MCK) – The drug distributor came in 17 cents a share above estimates, with quarterly earnings of $4.27 per share. Revenue also exceeded estimates as well, however McKesso