Check out the businesses making headlines earlier than the bell:
Accenture (ACN) – The consulting agency’s shares fell 1.5% within the premarket regardless of beating estimates on the highest and backside strains for its newest quarter. Accenture issued a income vary for the present quarter whose midpoint is beneath present consensus and stated the stronger U.S. greenback will impression its fiscal 2023 outcomes by 5%.
Darden Restaurants (DRI) – The mother or father of Olive Garden and different restaurant chains reported better-than-expected revenue and income for its newest quarter, and exceeded analyst forecasts for same-restaurant gross sales. Darden additionally raised the decrease finish of its 2023 earnings steerage vary. Its inventory rose 1% in premarket buying and selling.
Winnebago Industries (WGO) – Winnebago’s quarterly outcomes beat high and backside line estimates, though earnings declined from a yr in the past as a result of impression of inflation and provide disruptions. The leisure car maker’s shares fell 1.5% in premarket motion.
Maxar Technologies (MAXR) – The satellite tv for pc proprietor and operator’s shares greater than doubled within the premarket after it agreed to be acquired by non-public fairness agency Advent International for $53 per share. Maxar — whose expertise powers the favored Google Maps app — closed at $23.10 per share on Thursday.
Guardant Health (GH) – Guardant shares plunged 33.4% within the premarket following trial outcomes for its DNA blood take a look at for colorectal cancers. The take a look at detected 83% of colorectal cancers and 13% of superior adenomas, however the take a look at was not as efficient because the Cologuard stool-based take a look at made by Exact Sciences (EXAS). Exact Sciences shares rallied 16.9% in premarket buying and selling.
Meta Platforms (META) – The Facebook and Instagram mother or father was upgraded to chubby from impartial at J.P. Morgan Securities, which pointed to a number of components together with a rise in value controls and an easing of the impression of Apple‘s privateness rule adjustments. Meta rose 1.9% in premarket buying and selling.
Adobe (ADBE) – Adobe shares jumped 4.6% within the premarket after the software program firm reported better-than-expected quarterly earnings and income that was in keeping with analyst forecasts. Adobe additionally issued upbeat present quarter steerage.
Scholastic (SCHL) – Scholastic shares leaped 5.7% in off-hours buying and selling after the schooling and media firm reported upbeat quarterly earnings. Scholastic’s revenue margins expanded throughout the quarter and it stated the Children’s Books business carried out notably effectively.
U.S. Steel (X) – U.S. Steel issued better-than-expected present quarter steerage and stated industrial demand for metal is on the upswing within the U.S. The inventory rose 1% within the premarket.