Gainers
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Yum China Holdings Inc (NYSE: YUMC)
shares are up 4 percent after reporting a fourth-quarter earnings beat. Earnings came in at 12 cents per share, beating
estimates by 3 cents. Sales came in at $1.91 billion, missing estimates by $20 million.
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Symantec Corporation (NASDAQ: SYMC)
shares are up 6 percent after reporting a third-quarter earnings beat. Earnings came in at 44 cents per share, beating
estimates by 5 cents. Sales came in at $1.218 billion, beating estimates by $38 million. The company issued strong FY19
adjusted earnings guidance. Symantec also reports that CFO Nicholas Noviello will step down and the company has commenced
search to identify a replacement.
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Deckers Outdoor Corp (NYSE: DECK) shares
are up 5 percent following a third-quarter earnings beat. Earnings came in at $6.59, beating estimates by $1.34. Sales came in
at $873.8 million, beating estimates by $54 million. The company issued weak fourth-quarter earnings and sales guidance but
FY19 guidance was strong.
Losers
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Amazon.com, Inc. (NASDAQ: AMZN) shares
are down 3.4 percent after reporting a
fourth-quarter earnings and sales beat. The e-commerce giant delivered earnings of $6.04, beating estimates by 45 cents.
Sales came in at $72.4 billion, beating estimates by $580 million. Amazon sees first quarter operating income of $2.3
billion-$3.3 billion, but delivered weak first quarter sales guidance.
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Eastman Chemical Company (NYSE: EMN)
shares are down 2.3 percent after reporting a fourth-quarter earnings miss. Earnings came in at $1.39, missing estimates
by 23 cents. Sales came in at $2.8 billion, beating estimates by $420 million.
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