|Delayed - 03/04 04:10:00 pm|
Sector Update: Consumer Stocks Slip Pre-Bell Wednesday
|01/27/2021 | 09:16am|
VF (VFC) was shedding nearly 6% after posting Q3 earnings of $0.88 per diluted share, down from $1.16 a year ago. That fell below the consensus of analysts polled by Capital IQ of $0.93. On an adjusted basis, Q3 earnings were $0.93 per share, above the Street view of $0.90.
Dada Group (DADA) was down more than 4% after saying it is working with chocolate company Ferrero to create an on-demand retail model for snack food in China. The financial terms of the agreement were not disclosed.
Silgan Holdings (SLGN) was up almost 4%. The company late Tuesday reported Q4 adjusted EPS of $0.60, up from $0.38 a year ago. The result beat the $0.53 consensus estimate of analysts polled by Capital IQ.