Cohu, EBay, F5 Networks, Netflix, Qualcomm, Starbucks: U.S. Equity Preview
Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses.
Cohu Inc. (COHU US): The maker of testing equipment for semiconductors reported second-quarter earnings excluding some items that were more than double the average analyst estimate in a Bloomberg survey.
EBay Inc. (EBAY US): The owner of e-commerce sites and the PayPal online payment service reported second-quarter profit that topped analysts’ estimates. EBay lowered its sales and profit forecasts as a foreign-currency slump hurts revenue from overseas.
F5 Networks Inc. (FFIV US): The maker of software to handle Internet traffic and content forecast fourth-quarter revenue and earnings per share that exceed analysts’ estimates.
Intuitive Surgical Inc. (ISRG US): The maker of systems that control surgical instruments during operations said second- quarter sales outpaced the cost of revenue. Earnings excluding some items beat the average analyst estimates by 6.4 percent.
Netflix Inc. (NFLX US): The movie rental service provider reported second-quarter sales that fell short of analysts’ projections.
Qualcomm Inc. (QCOM US): The biggest maker of chips that run mobile phones forecast sales that beat some analysts’ predictions.
Revenue this quarter will be $2.67 billion to $2.93 billion, San Diego-based Qualcomm said in a statement. That compares with $2.77 billion, the average of analysts’ projections compiled by Bloomberg.
Starbucks Corp. (SBUX US): The world’s largest coffee-shop chain said third-quarter profit rose 37 percent, in line with analysts’ estimates when some items are excluded. The company raised its forecast for the year.