GM revs higher on strong profits
Jon "DRJ" Najarian | [email protected]
General Motors earned $0.96 a share in the third quarter, better than the $0.94 expected by analysts. Revenue missed, but investors are focusing on that strong bottom line, which benefited from better operations in the United States and Europe. GM climbs 3 percent before the opening bell on my tradeMONSTER platform.
Earnings Lift Buffalo Wild Wings
Buffalo Wild Wings reported profit of $0.95 a share on sales of $315.8 million. Analysts had only expected $0.85 and $311.6 million, respectively. Management also raised full-year guidance. BWLD climbs 8 percent in the premarket.
IAC/InterActive Falls on Revenue
IAC/InterActive's earnings beat expectations, but revenue of $756.9 million lagged the $805.3 million consensus estimate. That miss has IACI down 15 percent in early trading.