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$AVT said it expects sales to be in the range of $6.15-6.25Bil in 4Q16, which is near the midpoint of its previous sales guidance of $6.25Bil. Adjusted diluted EPS is expected to be $0.80-0.86 versus the previous guidance of $0.95-1.05, impacted mainly by an ERP implementation in the Americas region of the Electronics Marketing operating group.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?