Series of Companies Making a Difference Before the American Stock Market Session – 3

 

Alcoa (AA)

Alcoa reported a profit of 26 cents, despite a consensus forecast of 11 cents per share. The aluminum manufacturer's income exceeded estimates. However, the company added that if the current conditions do not improve, it may see a decline in the current quarter performance. Stocks lost 2 percent in pre-market transactions as of 07:40.

Discover Financial (DFS) -

Discover earned $ 2.59 per share in the fourth quarter, 17 cents above estimates. Financial services revenue also exceeded the company's estimates. Modest positive credit growth is projected this year and an increase in loan losses in the second half of the year.

Plexus (PLXS)

Plexus quarterly earnings of $ 1.23 per share surpassed company expectations by 14 cents. Revenue was slightly below Wall Street forecasts. We can say that the company, which manufactures parts for various industries, is backed by its low costs and its optimistic forecast about the growing demand in the medical equipment business.

Baidu (BIDU)

China-based search engine Baidu is planning a secondary stock market registration in Hong Kong after the Chinese New Year, according to Tencent News from China.

PayPal (PYPL)

BTIG upgrades PayPal's status from "neutral" to "buy". BITG also reported that PayPal will continue to see the benefits of the transition to digital payments.   Series of Companies Making a Difference Before the American Stock Market Session – 3 Source: https://www.cnbc.com/ You may also be interested in this:

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