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Company News For May 24, 2019

Zacks Equity Research

  • Shares of L Brands Inc. LB jumped 12.8% after the company reported first-quarter 2019 adjusted earnings per share of $0.14, against the Zacks Consensus Estimate of a break-even level

  • NetApp Inc. NTAP shares plunged 8.1% after the company posted fourth-quarter 2019 adjusted earnings per share of $1.22, missing the Zacks Consensus Estimate of $1.25

  • Medtronic plc MDT shares climbed 3.2% after reporting fourth-quarter 2019 adjusted earnings per share of $1.54, surpassing the Zacks Consensus Estimate of $1.46

  • Shares of Avon Products Inc. AVP surged 3.2% following news that Brazilian cosmetics maker Natura Cosmeticos is looking to acquire it for $2 billion in a stock swap deal


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