Alibaba Group Holding Limited (BABA) shares are up $2.68 to $78.50 in pre-market trading Thursday after the company reported its fourth-quarter earnings results.
China’s biggest e-commerce company posted earnings of $0.47 per share on revenues of $3.75 billion. Analysts were expecting EPS of $0.55 on revenues of $3.58 billion.
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Merck & Co. Inc. (MRK) reported first quarter non-GAAP EPS of $0.89 before the opening bell Thursday, compared to the consensus estimate of $0.85. Revenues decreased 1.2% from last year to $9.31 billion. Analysts expected revenues of $9.45 billion.
In terms of full-year earnings, Merck said it expects 2016 EPS in the range of $3.65 to $3.77.
The stock is currently up $0.19 to $55.00 a share.
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Discovery Communications, Inc. (DISCA) is down 0.34% to $26.50 in pre-market trading after it reported fiscal-first quarter earnings.
The operator of cable TV channels handed in earnings of $0.46 per share on revenue of $1.56 billion, beating Wall Street estimates of $0.43 per share on revenue of $1.56 billion.
Discovery Communications has a current market capitalization of $15.50 billion.
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Elizabeth Arden, Inc. (RDEN) is flat to $8.83 in pre-market trading after it reported fiscal results for the third quarter.
In its quarterly report, the cosmetics company said it lost ($0.59) per share, well below the ($0.74) per share analysts were expecting. Revenue rose 0.1% to $191.9 million, above views for $190.33 million.
Profitability-wise, Elizabeth Arden shares have a trailing-12 profit and operating margin of (17.21%) and (6.29%), respectively. The $264.45 million market cap company reported $54.48 million in cash vs. $355 million in long-term debt in its most recent quarter.
RDEN currently prints a one year loss of about 39% and a year-to-date loss of around 11%.
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