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Health food producer $WWAV, which agreed to be acquired by French food giant Danone, reported a higher quarterly profit as strong demand in its Americas and Europe regions boosted revenue. The company reported 2Q16 earnings of $52MM, or $0.29 per share, up from $37MM, or $0.21 per share a year ago. Revenue increased by 14% to $1.05Bil.
$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?