Johnson & Johnson
(JNJ) – Johnson & Johnson shares rose 1.4% in the premarket after beating top and bottom line estimates for the third quarter, helped by growth in pharmaceutical sales. J&J did narrow its earnings outlook, as it maintains caution due to the impact of a strong U.S. dollar.
Hasbro
(HAS) – The toymaker reported adjusted quarterly profit of $1.42 per share, falling 10 cents shy of Street forecasts, with revenue matching estimates. Hasbro had cut its sales forecast earlier this month, noting increased consumer sensitivity to higher prices. Hasbro slid 3.5% in premarket trading.
